12/22/2020
The group of five reiterated support for the consultation proposed by the trustees of the International Financial Reporting Standards (IFRS) Foundation, which suggested the implementation of a global-focused Sustainability Standards Board (SASB).
12/22/2020
To improve transparency, the FSC will expand disclosure of market makers’ rules and their transaction activities by instrument type.
12/22/2020
The TPB issued a statement that the sentence represented a welcome outcome after a protracted investigation and litigation, during which Mr Hacker continued to act illegally.
12/21/2020
David Bulley transferred to Appleby’s Hong Kong office in June 2020
12/21/2020
The Philippines improved substantially and got a perfect score of 100 in the aspect of products and outlets
12/18/2020
Leading law firm for 6 areas in 3 jurisdictions in Chambers Asia Pacific 2021
This recognition is a testament to the continued support from our clients and contacts who have taken the time to give thoughtful feedback.
12/18/2020
Process to be completed by February, Bank Syariah Indonesia will be country’s largest Islamic bank
12/18/2020
He explained that the practices terminated by AMP were typically single-planner businesses with turnover of less than $300,000.
12/18/2020
Penalties totalling TWD 108 million have been imposed by the FSC since 2019, compared with TWD 18 million over 2016-2018 for similar misconduct.
12/18/2020
Since the launch, three issuances have already occurred through Euroclear Bank.
12/18/2020
The upgraded system utilises machine learning technology to assess and analyse money laundering activities.
12/18/2020
APRA has also released a paper outlining key insights from the updated heatmap and its impact in improving member outcomes.
12/18/2020
Mr Humphries’ disqualification extends until 10 December 2025.
12/18/2020
The submission required consideration of how arbitral tribunals could adapt, using technology to conduct hearings remotely, and how such measures could be reconciled against arbitral rules and norms.
12/17/2020
Legal directory recognition for Carey Olsen's Singapore and Hong Kong offices
Carey Olsen's Singapore and Hong Kong offices are featured once again in the latest edition of Chambers Asia-Pacific.
12/17/2020
Taiwan FSC Cautions New Digital Banks Against Price Wars
The FSC hopes that the digital banks would offer innovative services or products instead of setting unreasonably low prices to attract customers to ensure solid and sustainable development.
12/17/2020
Chinese Watchdogs Suspends Top Rating Agency
The two executives also previously worked at Dagong Global Credit Rating which was also suspended from issuing ratings for a year in 2018 after it was spotlighted in a similar scandal where it was found overcharging rated firms for counseling.
12/17/2020
HKMA Consults on Implementation of Revised CVA Risk Framework
The HKMA intends to implement the revised CVA risk framework closely aligned with the standards issued by the BCBS.
12/17/2020
MSCI, Nasdaq Announce Removal of Chinese Companies from Indices
MSCI said it was only removing companies explicitly named in the executive order and not their subsidiaries or affiliated companies.
12/17/2020
These swap facilities reinforce the improvements in global USD funding conditions and provide certainty to market participants that USD funding will remain available to meet their needs.