09/29/2017
Ex-U.S. software chief, ex-Australia bank exec charged in bribery scheme
Arrest warrants have been issued for both defendants.
Legal, Regulation & Compliance
09/29/2017
Singapore Banks Closing Accounts Of Cryptocurrency Firms
The Singapore Fintech Association also said some members had experienced account closures, the Business Times said.
09/29/2017
Luxembourg and China strengthen collaboration and commit to working closer together in climate finance
This extension will enable SSE-listed green bonds to be displayed on Luxembourg Green Exchange.
09/28/2017
Secret Guangzhou bank used to transfer assets abroad busted
More than 10 bank accounts were frozen after the police operation in Guangzhou.
09/27/2017
British banker Rurik Jutting to appeal against murder conviction
Rurik Jutting was convicted of murders of two Indonesian women after subjecting them to three days of torture and rape
09/25/2017
BEAR cracks down on executive pay
The explanatory memorandum defined a large ADI with $100 billion or more in assets.
09/25/2017
IRESS invests in Australian regtech
Financial services is subject to increasing supervision and compliance obligations.
09/22/2017
Asia Jet CEO foresees further growth for 'new kid on the block' Guernsey
Guernsey is the new kid on the block in the aviation industry and is picking up market share very quickly.
09/22/2017
Chinese Fugitive Tycoon Beats Hedge Fund In U.S. Court As $88 Million Lawsuit Tossed
A hedge fund run by Pacific Alliance Group, which manages $16 billion, sued Guo for $88 million it claimed he owed it in April
09/22/2017
Moneytree submits indications on privacy and transparency to Australian government’s review on Open Banking
Moneytree CEO Paul Chapman, said: “We welcome the federal government’s commitment to implement an open banking framework for Australia.
09/22/2017
IC Legal, Universal Legal merge to create pan-India law firm
Partha Mandal, managing partner at Universal Legal, said there are “excellent synergies” between the two firms and that integrating the practices has opened a much bigger platform for existing and future clients.
09/21/2017
Monetary Authority of Singapore sets up international advisory panel for cybersecurity
CSAP members are appointed for a two-year term.
09/20/2017
State Bank of Mauritius may become first to open local subsidiary
We have identified 25 to 30 SME and retail clusters and our distribution is targeted around that.
09/20/2017
Big bank mergers: ACCC wants 'four pillars' policy examined
The ACCC's submission points to a long-running debate on the "four pillars" policy.
09/19/2017
Hong Kong regulators scrap plan for joint listing committee
The regulators say they made the decision after considering market feedback.
09/18/2017
Leading offshore law firm Advises Rajax Holding
The merger became effective on 24 August 2017, with the merger consideration comprising both cash and shares in Rajax.
09/15/2017
Pinsent Masons Cuts Chinese Alliance
The firm has also started a major review that threatens up to 100 jobs in the U.K., several publications in the country reported.
09/15/2017
NAB CEO rejects holes in anti-money laundering system
He also told 3AW Mornings NAB has been working the Centre for Social Impact.
09/14/2017
Ogier shortlisted for two HFM Asia Hedge Fund Services Awards
The HFM Asia Hedge Fund Services Awards recognise hedge fund services providers that have demonstrated exceptional customer service, innovative product development and responsive to client needs.
09/14/2017
Spain probes ICBC’s European unit over money laundering
The Luxembourg unit of ICBC holds the lender’s EU bank licence and is responsible for supervising the Madrid branch.