02/26/2021
To address Covid-19 related vulnerabilities, the FSB will produce an assessment of initial lessons learned from the Covid Event for financial stability, and report in April on the factors needed for an orderly unwinding of support measures. The FSB will a
02/26/2021
The truth is that what financial centres do is irreplaceable, not where they are.
02/25/2021
We are moving that model to a very much fully-employed model.
02/25/2021
ASIC alleges that between at least January 2017 and July 2018, NAB continued to charge customers periodic payment fees even though it knew overcharging was occurring and did not have systems to prevent those fees from being charged incorrectly.
02/24/2021
The MoU will certainly set the stage for future joint experimentation of digital innovation between CBUAE and the HKMA.”
02/24/2021
Survey respondents say they anticipate a far more diverse tax risk environment spanning everything from scrutiny of routine business activity, to major, billion-dollar settlements in court.
02/24/2021
The transaction is expected to close in the first half of 2021
02/24/2021
The amalgamation of both banks came into force on 27 November, with DBS absorbing all of Lakshmi Vilas Bank’s 563 branches as branches of its existing India unit, which received a INR 25 billion (USD 344.9 million) cash injection.
02/24/2021
The POs issued against Mr Lau took effect from 22 February 2021.
02/24/2021
The policy will assist ASIC in identifying and taking enforcement action against specific markets and financial services breaches of the law and strengthen ASIC’s enforcement toolkit.
02/24/2021
A Beijing divorce court has ordered a man to compensate his wife for the housework she did during their marriage, in a landmark ruling.
02/23/2021
The new wealth management venture, based in Shanghai, will be 51% controlled by Schroder Investment Management Ltd, and 49% owned by BOCOM Wealth Management Co.
02/23/2021
This is in line with the focus of financial regulators continuing to place importance in data protection in the financial sector.
02/23/2021
The banks levelled the claims in Monday’s Federal Court hearing
02/23/2021
The SFC considers that Brilliance had failed to act competently to ensure the SPRs it prepared would be accurate and compliant with the applicable requirements under the SPR Rules.
02/23/2021
The exchange is planning to launch a new digital IPO process via a platform known as FINI, which will close a loophole that currently allows investors to register accounts with different brokers for the same IPO.
02/23/2021
GSIS members currently contribute 9% of their basic salary to the pension fund every month, and their employers contribute 12%.
02/22/2021
DBS's Lakshmi Vilas acquisition was the first time the Reserve Bank of India turned to a foreign lender to bail out a local bank as India's financial industry suffered a series of shocks since the outbreak of a shadow banking crisis in 2018.
02/22/2021
Envy Global Trading specializes in physical and futures trading of nickel, and is wholly-owned by the Envy Group. Envy Asset Management, its precursor, is no longer active, Envy Global said.
02/22/2021
ASIC further alleges Mr Wu carried out the transactions in order to maintain the share price above the IPO issue price of $0.50 per share.