10/29/2020
Global UPI Adoption a Key Focus for DSB in Year Ahead
The new TAC Chair is Chris Pulsifer, Software Development Manager from Bloomberg LP, taking the helm from David Broadway, who until now has led implementation efforts and the subsequent rationalisation of workflows.
10/29/2020
Due Diligence Questions at the Dawn of the Era of Sustainability
Questions poured in, panellists shared their insights, thoroughly yet briskly, but our ‘hard stop’ left a number issues less-than-comprehensively explored – such is the breadth of the areas impacted and the depth of the interest shown.
10/29/2020
The Singapore economy is expected to see a recovery in 2021, alongside receding disinflation risk, but the recovery trajectory is expected to be gradual and uneven, according to the Monetary Authority of Singapore's (MAS).
10/29/2020
The bank itself has not been sanctioned, and experts think it is likely to escape the worst of the potential fallout from the U.S. sanctions.
10/28/2020
VOFF calls on ASIC for apology
“The aide memoire document was damning of ASIC and the FSAC [Financial Sector Advisory Council] recommended reform for ASIC, APRA and the Reserve Bank,”
10/28/2020
China Issues AML/CTF Guidelines for Microfinance Institutions
The guidelines impose obligations on practitioners to establish and improve AML risk management systems, internal control mechanisms and operating procedures.
10/28/2020
SC Malaysia Establishes Task Force to Combat Financial Scams
Malaysian nationals lost a total MYR 914 million (USD 220 million) to scams in the first six months of this year alone, he said.
10/28/2020
Australian financial advisers can potentially work in New Zealand without meeting the country's qualifications as early as 15 March 2021.
10/28/2020
The asset management has emerged ‘intact’ from the COVID-19 pandemic although it has been left at a smaller size thanks to outflows and the downturn in the stockmarket.
10/28/2020
Applicants for both mandates must have at least $5 billion of total assets globally as of September 30, 2020, and a minimum least three-year track record in the related strategies.
10/28/2020
This annual law awards recognizes the excellence and outstanding achievements of Hong Kong’s leading law firms and in-house legal teams, and celebrates top deals and dealmakers over the last year.
10/28/2020
The United Nations Office on Drugs and Crime recommends strengthening reporting of beneficial ownership information across the region to stop dirty money flows.
10/27/2020
Jersey's BIT with the UAE and reflections on investment treaty practice in non-sovereign autonomous regions
Jersey is set to sign its first BIT with the UAE later this year.
10/27/2020
Carey Olsen a finalist for offshore firm of the year at ALB's Hong Kong Law Awards
Recognition like this is testament to the hard work of our team and the high level of service we deliver to our clients.
10/27/2020
To litigate or arbitrate – that is the question
It remains to see whether those decisions will be mirrored in other common law jurisdictions such as the British Virgin Islands.
10/27/2020
Carlyle opens AMP file, takes an early look
Street Talk does not suggest Carlyle is about to try to buy AMP - far from it.
10/27/2020
Secure Investments was carrying on a financial services business by issuing financial products to investors.
10/27/2020
Ant IPO sheds light on China’s new growth model
Beijing backing tech champions to speed up recovery amid pandemic and US row
10/27/2020
ASIC further alleges that another business, and associated website, called Asset Capital Holdings, was established by Mr Beresford in September 2020 and offered financial services without holding the necessary AFSL.
10/26/2020
Comments on the blueprints are invited by 14 December 2020 and a virtual public consultation meeting will be held in January 2021.