01/05/2015

Ex-president's illegal gains, fines amount to NT$1 billion

Taipei, Jan. 5 On a day when former President Chen Shui-bian was released on medical parole, the Supreme Prosecutors Office issued a reminder Monday that Chen and his family have racked up illegal gains and fines of NT$1.01 billion so far.

01/03/2015

Korean banks pressured to regain trust after fraud cases

The Financial Supervisory Service is poised to take disciplinary action in the next two months against officials involved in loan fraud at KT ENS, the accounting fraud at Moneual and Shinhan Bank's illegal access to customer accounts.

01/02/2015

Experts call for eased regulations

Under the rule, tech companies including Daum Kakao and Naver are not able to set up online banks, causing the already weak local fintech industry to lag further behind other nations.

01/01/2015

Indonesia & Malaysia Support Banking Integration in ASEAN Region

The website of Bank Indonesia states that ABIF “provides an operating framework for ASEAN member states to implement principles and the integration process in the banking sector to support the ASEAN Economic Community (AEC) [which is to be implement

12/29/2014

Easier Bank Access

Loosened banking regulations may spur an increase of foreign banks in China

12/29/2014

China steps in as the banker to call in a pinch

Thanks to China, Christine Lagarde of the International Monetary Fund, Jim Yong Kim of the World Bank and Takehiko Nakao of the Asian Development Bank may no longer have much meaningful work to do.