03/18/2021
Our lawyers’ chapter in Global Investigations Review’s The Practitioner’s Guide to Global Investigations examines fiduciary duty and strategic considerations of which directors should be especially mindful.
03/18/2021
The revised approach follows a review of APRA’s ADI licensing regime aimed at incorporating learnings since the launch of the Restricted ADI licensing pathway in 2018.
03/17/2021
FSC Korea Issues Revised Capital Markets Rules
The revision also contains measures to improve ‘Chinese wall’ regulations, with a view to promoting more autonomy and accountability of financial investment businesses.
03/17/2021
Australia to Amend OBU Regime to Address OECD Concerns
There have also been reports that the ATO had been reluctant to process new offshore banking unit registrations.
03/17/2021
Southeast Asian regulators focus on sustainable growth in new five-year plan
The ACMF is also collaborating with the Manila-based Asian Development Bank to introduce an online training programme for the regulators this year as part of its plan to promote a sustainable financial industry.
03/17/2021
Ant Group Imposes Self-Discipline Rules, CEO Resigns
Hu’s resignation is said to be closely related to Ant’s forced restructuring and tightening supervisory oversight by regulators.
03/16/2021
17 charges under section 197(1)(b) of the Securities and Futures Act (SFA) for creating misleading appearances with respect to the price of Gaylin shares on 17 occasions from 11 November 2015 to 25 October 2016;
03/16/2021
For cash deposits, there is no record of any enquires made by Sino-Rich’s staff with the clients and approvals by its responsible officers prior to January 2017.
03/16/2021
ASIC is concerned that these alleged failures resulted in significant consumer harm, including in circumstances where many customers were experiencing financial hardship due to the COVID-19 pandemic.
03/16/2021
Fair Finance operated in the business and personal services industry and LD Scaffolding and DLP Scaffolding were involved in construction and labour hire services.
03/16/2021
The ADI industry was resilient in the December quarter, with high capital ratios and strong liquidity and funding positions.
03/15/2021
Socso contributions are compulsory and are deducted from employees’ monthly salaries.
03/15/2021
The risk indicators provided in the new report are derived from a sampling of data received by the FATF and the Egmont Group.
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.