03/03/2021
The review finds that the Indonesian authorities have made some progress in implementing OTC derivatives reforms, while focusing on developing their domestic derivatives market.
03/03/2021
MAS encourages FIs to benchmark their remote working controls against the examples in the Paper.
03/03/2021
"We are thrilled to be named Asia Law Firm of the Year in both the 'Fund Formation' and 'Transactions' categories."
03/03/2021
The Company will provide financing for renewable power projects that will generate and provide clean power in India in a sustainable manner and support the communities where its projects are located.
03/02/2021
The MYR 2.83 billion payment settles “all outstanding claims and actions in relation to the AmBank Group’s involvement in the 1MDB matter,” the Ministry said.
03/02/2021
ANZ’s upcoming half-year results will take a hit as a result of the writedown but its overall capital position will not be affected as it already holds 100 percent capital against its AmBank stake.
03/02/2021
Broadly positive sentiment towards emerging market assets was observed, particularly in East Asia, amid a search for yield that supported portfolio flows into these economies, the BIS says.
03/01/2021
All the other firms committed a single violation during the relevant period and were penalised between KRW 36 million and KRW 72 million.
03/01/2021
Westpac’s announcement highlights efforts by Australia’s incumbent banks to step up digitalisation efforts to defend their over 70 percent market share against neobanks/digital banks.
02/26/2021
Exposure to the three leading wealth platform stocks has helped the Pengana Emerging Companies fund so far this year as smaller players outpace traditional bank-owned platforms.
02/26/2021
A perennial question posed - what weight should be attached to guidelines issued by Labuan FSA.
02/26/2021
The committee ordered Woori Bank to compensate an 82-year-old man who had sought to protect his principal for 78 percent of his total investment, which had been frozen since 2019.
02/26/2021
To ensure that their regulatory efforts are well coordinated, the two regulators agreed to notify one another when preparing and issuing policies or guidelines which may have a significant impact on their respective regulatory functions.
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