03/08/2017
Hong Kong watchdog fines Guangdong Securities for AML breach
It is of the view that GSL’s conduct was in breach of the Prevention of Money Laundering and Terrorist Financing Guidance Note.
Legal, Regulation & Compliance
03/08/2017
Yu-Ming Wang of Nikko Asset Management says the real trade war is for IP
We can draw a number of conclusions that might explain America’s new thinking on trade.
03/08/2017
Nomura Announces Changes to Board of Directors
Dame Clara will step down from the board upon the conclusion of Nomura’s current fiscal year ending March 2017.
03/08/2017
Mah Sing to establish securities programme of up to RM1b
This year will see the expected final stage billings on delivery of vacant possession of properties amounting to RM607 million which will enhance the group's cash position.
03/08/2017
Petition on Panama Papers to be Heard Today by Supreme Court
The Union Government has meanwhile informed the court that it has set up a multi-agency group to investigate the Indian accounts mentioned in the papers.
03/08/2017
Bahrain buys Korea health system
HIRA invited international organizations such as the World Bank, the World Health Organization (WHO) and 21 countries
03/07/2017
Realty to witness investment boost led by regulatory reforms: KPMG India
Real estate sector is expected to witness boost in investments on the back of recent regulatory reforms, said professional services firm KPMG India in a report.
03/07/2017
South Korea policy banks mark losses, but others see growth
Earnings at commercial banks jump thanks to rise in mortgage loans
03/07/2017
Philippines tagged as ‘major’ money launderer
The report pointed out the non-inclusion of casinos from AMLC coverage was a “significant gap” in the country’s failure to minimise the occurrence of money-laundering activities in the country.
03/07/2017
Global advice group becomes investment bank
This investment banking licence will, of course, allow us to further meet these evolving needs and wants by enabling us to develop and provide new, specialist and innovative financial products and services to help our clients achieve their long-term finan
03/07/2017
Merger creates active management behemoth
The scale provided by the merger would also "transform the combined group's ability to invest for growth, innovate and drive greater operational efficiency
03/07/2017
OJK revokes permit of Royal Bank of Scotland's branch
The plan to shut down the branch offices in Indonesia has been realized in the second semester of 2015.
03/07/2017
​Three traits of effective wealth planners
They must seek advice to ensure they are able to operate efficiently and compliantly in the more transparent world ahead.
03/07/2017
Taiwan regulator okays CTBC buying stake in Thailand's LH Financial
The deal was announced last year in March
03/06/2017
CIMB obtains RQFII licence, access to China’s capital markets
CIMB-Principal plans to develop and introduce more innovative products that invest in China's onshore securities
03/06/2017
China to relax rules to boost big insurers' expansion - sources
Chinese insurers have snapped up billions of dollars worth of assets overseas and at home in the past two years to counter falling investment yields at home.
03/06/2017
NAB chief promises greater accountability
Thorburn defended the bank's actions stating that a number of positive changes have been implemented since he faced the initial inquiry in October last year.
03/06/2017
HK regulator brings in fee disclosure for fund managers
Fund managers are given a transition period of six months, starting 4 July, to implement the regulation.
03/06/2017
Mah Sing sets up RM1b debt note programme
Mah Sing added that 2017 will see the expected final stage billings on delivery of vacant possession of properties amounting to aboutr RM607mil
03/05/2017
Mossack Fonseca founders still under arrest as Panama Papers firm quits New Zealand
Company had, through Nexia BT, set up NZ trusts for Konrad Mizzi and Keith Schembri