03/15/2021
ASIC found that Mr Bhandari acted dishonestly while assisting consumers to find and consolidate their superannuation and obtain hardship payments.
03/15/2021
Hong Kong Banks Ready for Greater Bay Area Dive
03/12/2021
The CSI 300 Index closed 0.66 percent higher on Wednesday (10 March), though gains were capped by concerns of policy tightening.
03/12/2021
The MMT considered that Magic’s breach of the disclosure requirement was all the more serious
03/12/2021
The BOT has announced the results of tests on its CBDC for Business Prototype Development Project.
03/12/2021
The measures included requirements for PEFs to undergo regular audits, adopt new valuation guidelines, conduct regular liquidity stress tests, and cap leverage at 400 percent of assets.
03/12/2021
ASIC Commissioner Danielle Press said, ‘ASIC first took action in this matter because the law requires that financial advisers act in their clients’ best interests.
03/12/2021
On the same day, AxiCorp applied to the Administrative Appeals Tribunal (the Tribunal) for a review and stay of ASIC’s suspension decision
03/12/2021
Having carefully considered the results of ASIC’s investigation, APRA has determined to close its investigation.
03/11/2021
SPACs are shell companies that raise money via an initial public offering for the sole purpose of acquiring another firm.
03/11/2021
The BOJ-FSA letter is aimed at helping financial institutions better understand the need to urgently take action to prepare for the cessation of LIBOR, in light of the latest announcements.
03/11/2021
The deferred sales model introduces a four-day pause between the sale of a principal product or service and the sale of an add-on insurance product.
03/11/2021
“These asset managers will be valuable partners to MAS and the investor community in the sustainability journey,”
03/11/2021
The easier liquidity rules, after an extension in August, have been scheduled to end this month. The FSC has now decided to extend the measures until end-September.
03/11/2021
The banks lack staff for functions ranging from counting money to providing payroll services to companies, the Financial Times reports.
03/10/2021
This is a really unique opportunity to gain exposure to the ESG and Impact at specially selected local businesses and organisations striving to transition Hong Kong to a sustainable economy.
03/10/2021
“These asset managers will be valuable partners to MAS and the investor community in the sustainability journey.”
03/10/2021
The PwC report outlines the typical challenges banks face as they prepare for implementation of the guidelines by June 2022.
03/10/2021
The Measures also extend to a foreign investor’s purchase of a domestic company’s shares listed on stock exchanges.
03/10/2021
Allianz’s weaknesses in its risk culture, risk governance, and risk management are longstanding.