05/14/2021
The initial batch of API functions, covering deposit account information and online merchant payments, are expected to be implemented progressively by the 28 participating banks starting from December 2021.
05/14/2021
The paper offers guidance on how international financial systems and the financial community can prepare for the eventual introduction and adoption of CBDCs, with a focus on the possible move in payments to new forms of currency internationally.
05/14/2021
The firm was named Most Innovative Asia-Pacific Headquartered Law Firm in recognition of its digital first approach to client service and people development.
05/14/2021
Suncorp considers the sale a good outcome for Suncorp’s 137,000 superannuation members and would continue the simplification of the Suncorp Group portfolio.
05/13/2021
Continuing our look at India’s four new codes, this month we take a look at the new Industrial Relations Code and unpick what it means for employers operating in India.
05/13/2021
The scale-up phase for high potential businesses may attract additional capital investment and value creation support through EDB New Ventures.
05/13/2021
BSBR reporting will be voluntary for FY 2021 –22 and mandatory from FY 2022 –23.
05/13/2021
The regulator also sought feedback on the proposed notification forms to be submitted to MAS
05/13/2021
The product has been a bugbear for providers due to its loss-making nature and its questionable ability to protect policyholders.
05/13/2021
Despite the reported accounting loss of the HKMCA, the embedded value of the annuity business as at 31 December 2020 was about HK$5.4 billion, which comprised HK$4.1 billion of total equity and HK$1.3 billion of present value of future profits.
05/12/2021
Candidates are required to demonstrate professional reasoning and apply knowledge acquired to financial advice scenarios at AQF7 level of reasoning.
05/11/2021
ASIC’s investigation into Ms Grubisa remains ongoing.
05/11/2021
The revised capital treatment of ADIs’ equity investments in their subsidiaries is the most material change to APS 111.
05/10/2021
Benchmark Litigation Asia Pacific is a publication that focuses exclusively on the region’s litigation and dispute market, providing rankings of firms and litigators considered to be of an elite status.
05/10/2021
The revised guidelines incorporate the changes to the Corporate Governance Code, as well as additional guidelines for Singapore-incorporated financial institutions, taking into account international standards and industry good practices.
05/10/2021
One of the suits also targeted fugitive businessman Low Taek Jho (Jho Low), his father Tan Sri Low Hock Peng, sister Low May Lin and accomplice Eric Tan Kim Loong from whom 1MDB is seeking a total of US$1.402 billion (RM5.76 billion).
05/10/2021
The three companies did not immediately respond to a request for comment on the claims in the lawsuit.
05/10/2021
The relief is consistent with the current practice of Australian courts in permitting the non-disclosure of such information to opposing parties in class actions, given the information could provide a tactical advantage to opposing parties.
05/08/2021
MLC will deliver a step change in our scale and reach, providing substantial benefits to our clients, members, and ultimately our shareholders.
05/08/2021
The issuance of the rules marks an accelerated pace in the development of the GBA in terms of innovative financial regulations