01/01/2015
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
01/01/2015
A Hong Kong tribunal rejected a private proceeding request by Moody’s Investors Service for its appeal against a HK$23 million penalty and public reprimand imposed by the city’s securities regulator.
12/31/2014
The move will come in force with immediate effect.
12/29/2014
Pressure from regulators is forcing Indian banks to focus more on the local banking needs in overseas jurisdictions.
12/29/2014
Loosened banking regulations may spur an increase of foreign banks in China
12/29/2014
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.
12/29/2014
Chinese authorities are seeking to strengthen their collaboration with Western countries to recover ill-gotten assets which have been sent offshore.
12/28/2014
The hike in FDI cap in the insurance sector has potential to attract up to USD 7-8 billion
12/28/2014
India's central bank chief lashed out at Uber
12/28/2014
He had acted as a representative of JPMorgan Singapore in the dealing of securities from Sept 2013 to Jan 2014
12/28/2014
He said next year could see more policy adjustments to reduce funding costs
12/27/2014
A crackdown on inside trading in China since the second half of last year has resulted in 39 suspects from over 20 financial institutions being handed over to police
12/26/2014
New State Council guidelines cut red tape for companies investing or raising funds abroad
12/26/2014
Bank dismisses claims, says lawsuit filed as a counter after loan defaultt
12/25/2014
The custodians' reports should also include the information of bank accounts opened and closed by the respective AMCs.
12/25/2014
The approved banks include Zhejiang Wangshang Bank, in which Alibaba holds a 30 percent stake, Wenzhou Minshang Bank, Tianjin Jincheng Bank and Shanghai Huarui Bank.
12/23/2014
Shadow banking is therefore harder to regulate, he said.
12/22/2014
The result will be that all customers who have ever been charged late fees by these organisations will be eligible to share in an eventual successful outcome, should the class actions prevail
12/22/2014
The Chinese cabinet unveiled rules to ease market access for foreign banks in order to open up the domestic financial sector.
12/22/2014
As OCBC finds out, global players operating in China need to go through a long and opaque regulatory process of rebranding after a tie-up