05/15/2017
The guidance note emphasises that directors must act in good faith in the interests of the company and exercise due and reasonable care, skill and diligence when considering, proposing or approving corporate transactions.
05/15/2017
The central bank will step up use of measures such as big data, artificial intelligence and cloud computing to increase its capability to recognize, prevent and reduce cross-sector and cross-market financial risks.
05/15/2017
Consequent to its decision, the High Court ordered the Commissioner to refund the ABSD which was paid under protest by the Trustees.
05/15/2017
These loans were taken just before the IPO and repaid immediately after the public issue.
05/13/2017
Twenty three per cent of respondents observed that supervisors reward behaviour derived through unethical means.
05/12/2017
Legal proceedings were brought by a number of BNP clients, including the prominent Israeli-British businessman Jacob Agam, who questioned the validity of BNP's bank's $16 billion merger with its Singapore arm, BNP Wealth Management.
05/12/2017
The business comprises a $1.7 billion mortgage portfolio and a $3.05 billion deposit portfolio, and serves more than 11,000 customers from the two booking centres of Singapore and Hong Kong.
05/12/2017
The recognition marked the culmination of client survey conducted by ALB involving hundreds of questionnaires with leading in-house counsel, lawyers in the onshore space and referees from financial institutes.
05/12/2017
Licensed portfolio management companies may provide digital investment management services if they satisfy all the requirements
05/12/2017
Coutts has got many fines from financial regulators around the world, is a British bank run by Tory lords and Conservative ex-ministers.
05/12/2017
The sale "will not have a material financial impact" and is expected to complete before the end of 2017, NAB said in a statement.
05/12/2017
Singapore is now growing faster than Switzerland and is set to become the largest cross-border financial center in the world by 2028, the firm forecasts.
05/11/2017
The service is backed by the concept of “target balance sweeping,” done automatically between the two banks without additional remittance fees to the customer.
05/11/2017
The case will set an important legal precedent regarding investor rights and the extent to which multi-national banks can 'opt out' of Singaporean law.
05/10/2017
This marks the latest effort by Mizuho to toughen governance since revelations in 2013 of lax enforcement of rules against lending to "anti-social elements" -- a euphemism for gangsters.
05/09/2017
It will also examine competition in the provision of personal deposit accounts and mortgages.
05/09/2017
The chief justice noted that the income tax law did not envisage disqualification.
05/09/2017
Digital investment management is a fund management business which incorporates innovative technologies into discretionary portfolio management services.
05/09/2017
Jittery investors urged not to overreact to ‘mild deleveraging’ of marketplace, amid effort to bolster and prioritise financial security
05/08/2017
Current central bank governor to step down in July