11/11/2020
The incident was caused by a logic error in the symbol mapping programme used by Credit Suisse Securities, in its capacity as a stock options market maker, to generate market making quotes.
11/11/2020
Goldman Sachs has to deal with unprecedented punishment for bribery.
11/11/2020
NAB is the only one of the big four banks to offer custody and asset servicing.
11/11/2020
The Griffith University website revealed that Breakey had received grants from a range of organisations, including the Australian Bankers’ Association (ABA) and the Australian Research Council.
11/10/2020
Amongst the reasons for China’s ranking was the fact that many multinational companies find Chinese legislation more «layered» than other jurisdictions, with significant regional variations in tax rates.
11/10/2020
The FSC agrees with the LCCC that the Code should not unnecessarily repeat obligations or clauses of the Charter.
11/10/2020
The seven standard conditions for a full licence include: record keeping, internal complaints process, regulatory returns, outsourcing, business continuity and technology systems, ongoing requirements, and notification of material changes.
11/10/2020
At its fourth annual meeting with MAS management on 5 November 2020, the Panel shared its insights on cyber risks in the new operating environment and made several recommendations.
11/10/2020
In light of the current environment, the government has focused its efforts on maintaining liquidity, guiding market interest rates lower, increasing re-lending and rediscount limits, and introducing credit loan support for SMEs.
11/10/2020
“There is also a potential, and inward focus into the Philippines from Qatar, around the area of Islamic finance or Islamic banking,” he said.
11/10/2020
Seven firms received the quotas for the first time.
11/10/2020
IFC research estimates that cities in emerging markets alone have the potential to attract more than $29 trillion in climate-related investments by 2030.
11/10/2020
A president who has laid siege to environmental causes over his four years in office has been replaced by another septuagenarian who wants the world's biggest economy back in the Paris Agreement.
11/09/2020
HSBC Sues Hin Leong Owners
Some 23 banks reportedly lent a total of $3.85 billion to the troubled oil trader, with HSBC reportedly believed to have the largest exposure.
11/09/2020
The central bank has also banned former bank employees from the industry for allegedly falsifying documents for Wirecard.
11/09/2020
Mutual funds can invest in overseas ETFs up to USD 200 million, subject to an overall industry limit of USD 1 billion.
11/06/2020
Singapore and Indonesia Central Banks Extend Swap Arrangement
It comprises a local currency bilateral swap agreement that allows for the exchange of local currencies between the two central banks of up to S$9.5 billion or IDR 100 trillion
11/06/2020
The matter is being prosecuted by the Commonwealth Director of Public Prosecutions following a referral from ASIC.
11/06/2020
Mr Wang admits that on each occasion he falsely certified that he, as the sole fit and proper person of his credit licence, had not had his accreditation cancelled or suspended by a lender for reasons other than volume.
11/06/2020
APRA Announces A$35b Reduction in Committed Liquidity Facility
Banks are required to make every reasonable effort to manage their liquidity risk through their own balance sheet management before applying for a CLF.