03/01/2023
Carey Olsen shortlisted for offshore law firm of the year in Asia Legal Awards
The awards cover a range of practice areas and disciplines and identify the most significant deals and transactions that took place during 2022.
Legal, Regulation & Compliance
03/01/2023
Singapore: Seeking luxe real estate
The stock market didn’t fare well either, as tech stocks plummeted, with the Nasdaq Composite index falling by a third.
02/28/2023
Ping An Bank Hong Kong Branch granted insurance agency license
In this age of digital transformation, the way investors conduct trading, consulting and acquiring information have changed.
02/28/2023
APRA publishes assessment of macroprudential settings
Macroprudential policy is an important feature of APRA’s toolkit.
02/28/2023
ASIC launches first Court proceedings alleging greenwashing
These statements marketed the Sustainable Plus options as suitable for members who ‘are deeply committed to sustainability’ because they excluded investments in companies involved in carbon intensive fossil fuels like thermal coal.
02/27/2023
China banking tycoon Bao Fan 'cooperating with investigation'
The firm did not provide further details about the nature of the investigation
02/24/2023
Incoming BOJ chief Ueda says current low rates appropriate
“Japan’s trend inflation is likely to rise gradually. But it will take some time for inflation to sustainably and stably achieve the BOJ’s 2% target,”
02/24/2023
UBS Applies For Fund License in China
A UBS spokeswoman declined to comment to the «WSJ».
02/23/2023
Fidelity receives nod to launch China retail fund
Following in the footsteps of Neuberger Berman
02/22/2023
China central bank asks banks to slow lending in February
Chinese banks are under pressure to accelerate credit support to prop up a slowing economy
02/22/2023
Japan’s key yield rises above BOJ cap on policy tweak bets
Ayako Sera, a market strategist at Sumitomo Mitsui Trust Bank, said that the higher yield was driven by “speculation of a change to yield-curve control”.
02/22/2023
Tender for the re-opening of 10-year Government Bonds under the Institutional Bond Issuance Programme to be held on Wednesday, 1 March 2023
Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, the Refinitiv screen (HKGBINDEX), and Bloomberg (GBHK <GO>) not later than 3:00 pm on the tender day.
02/22/2023
ZEDRA completes rebrand of US and Curaçao based fund services provider, Atlas Fund Services
Reflecting ZEDRA’s ambitions for the US and LATAM market and commitment to becoming an international leader in the funds services industry.
02/21/2023
China Ratchets Up Bank Risk Management Rules
In other words, a very specific tome for a particular species of financial industry treasury specialist.
02/21/2023
Bank of Japan kicks off CBDC pilot
The trials will entail simulated transactions with retailers and consumers alongside the establishment of a CBDC forum with private sector institutions in the payment space.
02/21/2023
SFC consults on proposals to regulate virtual asset trading platforms
The SFC intends to publish lists on its website to inform the public of the different regulatory statuses of VA trading platforms
02/17/2023
ASIC to expand enforcement focus areas in the coming year
ASIC Deputy Chair Sarah Court said the actions taken during the final quarter of 2022 reflect ASIC’s continuing strategic priorities and enforcement priorities.
02/17/2023
Japan’s Kishida says Ueda is most fit to lead Bank of Japan
The government named academic Ueda as its pick to become next central bank governor on Tuesday.
02/17/2023
Workplace discrimination laws proposed in Singapore
The proposed rules will seek to provide recourse against workplace discrimination and appropriate penalties for breaches.
02/15/2023
Philippine lawmakers pass bill to allow civil servants to retire at 56
They can opt to quit working, receive their benefits, do other activities, and enjoy life in retirement with their loved ones even before they become senior citizens.