07/11/2016
Japan Authorities Present United Front On Brexit
This was the first meeting between the three agencies since June 25, just after final confirmation that the British had voted to leave the European Union.
Legal, Regulation & Compliance
07/11/2016
VHP Against IDB's Plan To Open Branch in India
VHP joint general secretary Surendra Jain, who is here to attend a two-day meeting to discuss various issues, said they will also deliberate on the strategy to oppose the opening of the branch of IDB.
07/11/2016
‘Sizable dip’ in Indian black money parked abroad over last 2 years: Jaitley
Arun Jaitley said the action being initiated by G-20 countries coupled with "technological intervention" will make it difficult to keep black money both at home and outside the country.
07/08/2016
Fitch: Hong Kong Resolution Law Will Spur Planning at Banks
Hong Kong is one of the few Asian jurisdictions to have implemented resolution laws that specifically allow for bail-in, and we have excluded state support from bank ratings there since May 2015.
07/08/2016
ASIC Reprimands Regulated & Unregulated Binary Options Brokers & Affiliates
ASIC is going after the marketing subsidiaries of brokers as well as the affiliate websites themselves.
07/08/2016
SFC Adds CVC Groups Private Capital and Arthur-Sera Ltd to its Alert List
Hong Kong's SFC has again updated its Alert List to warn against unregulated entities offering their services.
07/08/2016
New Sheriff In Town: The Monetary Authority of Singapore Creates New Anti-Money Laundering And Enforcement Departments
The changes are set to take place on 1 August 2016.
07/08/2016
Estranged Husband Sues Samsung Royalty For US$864 Million
He has also demanded 10 million won for mental distress.
07/08/2016
A need to be niche
With rising overheads from these and efforts to tackle other business risks, private banks need to rapidly find a way to weather the storm.
07/06/2016
Singapore Monetary Authority To Update Cloud Guidelines
As well as holding the trade and industry portfolio, Lim is the deputy chairman of MAS, Singapore’s central bank and financial regulatory authority. He announced the updates in a speech made at a banking industry dinner last week.
07/06/2016
Four Taiwanese Nabbed In Bangkok For Bank Card Fraud
The Taipei Economic and Cultural Office in Thailand has been kept up to date about the case and yesterday identified the four Taiwanese in custody, the ministry said.
07/06/2016
Wealth Management In India: Regulatory Issues
The wealth management industry in India is at a nascent stage with a potential to develop into a high-growth wealth management market.
07/05/2016
Former adviser charged with fraud
ASIC has alleged that between September 2010 and October 2011
07/05/2016
Pakistan regulator lays out plan to grow capital markets
Pakistan’s equity capital market suffers from a lack of high quality listed companies and initiatives are needed to boost the market as a whole, according to a new plan from the country’s regulator.
07/05/2016
Singapore monetary authority plans cloud computing policy
The Monetary Authority of Singapore (MAS) will set out its "expectations on the use of cloud computing services" by financial institutions (FIs), the regulator has confirmed.
07/04/2016
Former Indian Bank CMD convicted
The credit facility was sanctioned for taking delivery of cashew nuts which were already imported in the name of Maxwell Exim Private Ltd. and MVR Industries Ltd.
07/04/2016
BDO gets nod to take full control of Generali Pilipinas
BDO is re-focusing its insurance strategy to align with its thrust to solidify its presence in the broad-based middle income market.
07/04/2016
Convertible notes made more attractive for startup funding
Funds received by a startup amounting to Rs 25 lakh or more by way of a convertible note, in a single tranche from a person, will not be treated as a 'deposit'.
07/03/2016
Two US funds sue DBS Bank, OCBC for Singapore rate rigging
In 2013, Singapore's Monetary Authority of Singapore (MAS) censured a record 20 banks
07/03/2016
The People's Bank of China Tolerates Further Weakening of Yuan After the Currency Recorded an All-time Low Value
According Reuters's source, the decline was expected especially after the historical Brexit vote and may affect China's yuan for a significant period of time.