02/22/2017
The statement confirmed a Reuters report on Monday that the central bank is extending a programme that allows financial institutions that support rural finance and small enterprises to apply for a lower required level of cash reserves.
02/22/2017
The proposed new rules aim to unify the regulation of the asset management industry under leadership of the central bank in order to improve oversight of the sector.
02/21/2017
He received 64 percent of his potential bonus, while he will also get a new long-term incentive that could be worth 4 million pounds for 2016 if all targets are met by 2019.
02/20/2017
Importing principles of Islamic finance into the global economic market would strengthen the system’s overall transparency, ethics, and real asset base.
02/20/2017
The SFC pressed market misconduct charges against Citic in 2014 for failing in 2008, when it was called Citic Pacific, to disclose immediately billions of dollars in losses on a currency hedge gone wrong.
02/20/2017
AIA Singapore's former chief investment officer Cheong Poh Kin has been appointed chief executive of AIAIM and will lead the team of investment professionals.
02/20/2017
How can he conceal the fruits of his crime?
02/20/2017
New requirement that firms appoint individuals to control eight ‘core functions’ is proving harder than it sounds
02/20/2017
The Bank of China said the plea deal was aimed at "avoiding a long trial and allowing the Milan branch to concentrate on developing its own business.
02/20/2017
(Sebi) has shared with the government a list of foreign fund houses that are found to have issued the Offshore Derivative Instruments (ODIs) to Indian nationals.
02/20/2017
The Insurance Act allows for mergers between two life insurance companies but does not make provision for the merger of a life insurance company.
02/20/2017
The official said the exchange of information between the signatory countries would be restricted to the present details in case of accounts with deposits below the mark of one million dollars.
02/19/2017
Malcolm Turnbull welcomes the interest rate cut as evidence the house economics committee is holding banks to account
02/19/2017
These instruments are not allowed to be issued to Indians, NRIs or Persons of Indian origins.
02/17/2017
He brings to 11, the number of dispute resolution partners the firm has in Greater China.
02/17/2017
Partnership will open door for investments to and from China and assist strategic deals between companies
02/17/2017
Bitcoin runs on a peer-to-peer and decentralized architecture with the absence of centralized government and authority.
02/17/2017
The merger, which has been in the works for almost two years, will create Eversheds Harry Elias, a law firm which will have more than 90 lawyers in Singapore and Brunei.
02/17/2017
Affluent asset-holders are finding strict foreign exchange rules are bad for their wealth.
02/17/2017
Low is fighting in Los Angeles court to keep those assets, exposing an unseemly side of the private banking and trustee industry that is usually kept out of sight.