02/24/2023
UBS Applies For Fund License in China
A UBS spokeswoman declined to comment to the «WSJ».
Legal, Regulation & Compliance
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.
02/15/2023
Baker Tilly records revenues above $1 billion across Asia Pacific
At the global level, Baker Tilly also grew its headcount by 4.5 percent to above 40,000 professionals in more than 700 offices worldwide, in part driven by the admittance of new member firms and a number of international acquisitions
02/13/2023
Labuan IBFC and SBF to jointly host masterclass on Labuan International Business and Financial Centre
The masterclass will showcase Labuan IBFC’s sectoral offerings and services
02/09/2023
Labuan IBFC and SBF to jointly host masterclass on Labuan International Business and Financial Centre
The masterclass will showcase Labuan IBFC’s sectoral offerings and services
02/09/2023
A UAE-Hong Kong Free Trade Agreement will be a ‘logical step’, says Chief Executive John Lee
UAE is already Hong Kong’s biggest trade partner in the Middle East
02/09/2023
Mourant awarded Deal of the Year by the China Business Law Journal
The China Business Law Journal's annual Deals of the Year report documents the previous year’s most significant China-related deals and cases.
02/07/2023
Singapore, Brunei Darussalam central banks ink banking and supervision pact
The memorandum of understanding was signed in Singapore by MAS Managing Director Ravi Menon and Brunei Darussalam Central Bank Managing Director Rokiah Bakar.
02/06/2023
Morgan Stanley IM Approved for Full Ownership in China
Morgan Stanley IM will increase its stake from 49 percent to 100 percent upon completion of the transaction which is subject to business registration and other procedures required by Chinese regulatory entities.