12/16/2020
Entry into force of the amendment protocol to DTA with New Zealand
The protocol implements the minimum standards for double taxation agreements (DTA).
12/16/2020
The cancellation of Migration Cover’s AFS licence is part of ASIC’s ongoing efforts to improve standards across the financial services industry.
12/16/2020
As Australia’s financial safety regulator, APRA will closely monitor the return of deposits to ensure all funds are returned to Xinja depositors in an orderly and timely manner.
12/16/2020
ASIC considers the ability to use a reduced-disclosure prospectus a privilege that is dependent on compliance with other aspects of the law, including that companies meet their ongoing disclosure obligations.
12/16/2020
Redefining the supply chain finance landscape
Maintaining a sustainable programme to mitigate supply chain disruption
12/16/2020
The team was led by Funds & Investment Management Partner, Ann Ng and assisted by Associate, Dan Won.
12/15/2020
And we feature an overview piece from the LIBFC's CEO Farah Jaafar sets out how "an innovative and forward-looking intermediation centre" has developed over the years to now offer one of the widest and solutions in Asia.
12/15/2020
In determining the appropriate level of dividends, APRA expects ADIs and insurers to remain vigilant, regularly assess their financial resilience through stress testing, and undertake a rigorous approach to recovery planning.
12/15/2020
StanChart Singapore was in August named the country’s first SRFB, with MAS looking to further boost the SRFB framework to possibly offer an additional full bank licence.
12/15/2020
The lack of access to these audits in the US have been a continued source of tension after Luckin Coffee fraud was exposed.
12/14/2020
S&P Dow Jones Indices said the securities named in its announcement will be deemed ineligible for S&P DJI equity indices, effective prior to the market open on 21 December 2020.
12/14/2020
The Committee will be renamed as the Steering Committee for SOR & SIBOR Transition to SORA (SC-STS).
12/14/2020
The AML bill has passed the Senate without the amendment to include DNFBPs.
12/14/2020
Leading offshore law firm Appleby is delighted to announce that Hong Kong based Corporate Partner, Fiona Chan, has been recognised as “Lawyer of the Year for Offshore” at the Women in Business Law Awards 2020 ceremony which was hosted on 10 De
12/14/2020
Singapore has been especially active in bolstering relationships with China beginning with Chongqing where an agreement was made last month for iSTOX to build a digital exchange alongside other initiatives.
12/14/2020
In producing REP 675, ASIC considered publicly available data on default insurance offered by 20 large MySuper products, which at 30 June 2020, covered 82% of MySuper member accounts.
12/11/2020
Malaysia’s RHB Bank officially exits Hong Kong
This includes the bank's asset and wealth management businesses.
12/11/2020
Philippine SEC Proposes Stronger Rules on Beneficial Ownership
One of the measures proposed by the SEC is to ban the issuance, sale or public offering of bearer shares and bearer share warrants in the country.
12/11/2020
Clients don’t have to worry about hiring additional staff within a short period of time to fill a knowledge gap in a fast-changing regulatory environment.’ says Kelvin in conclusion.
12/11/2020
The legislation amends 79 existing laws and covers a wide range of areas, including making it easier to do business, protection for cooperatives and small businesses, and improving the investment climate.