11/13/2020
In recent days, Beijing has also moved to strengthen antitrust laws and rein in the monopolistic behavior of the country’s top internet firms, amid a booming internet economy, accusing major players of unfair competitive practices.
11/13/2020
A key update is to increase focus on the assessment of the adequacy and effectiveness of the issuer’s internal controls to meet its business needs and challenges as a listed company.
11/13/2020
The third initiative Li highlighted relates to a broadening of the investment scope of the Stock Connect programme to include secondary-listed Hong Kong stocks and pre-revenue biotech issuers that meet certain conditions
11/13/2020
Founder of China property site with no profits worth $20 billion
So far it has worked out. KE sales surged 80% to 46 billion yuan last year from 2017, and it has become China’s largest platform for housing transactions and services — no small feat for a market whose real estate brokerage services are a $1.6
11/13/2020
The framework is applicable to existing and newly launched unit trust and wholesale funds.
11/12/2020
Standard Chartered Bank is collaborating with AWS to drive its digital transformation and deliver new personalised banking services in the bank’s 60 markets worldwide.
11/12/2020
Introduced in July, the new fast track regime has combined the processes for an incoming manager to gain GFSC consent along with the securing of its licence to conduct fund management into a single 10-day review period.
11/12/2020
He says the SEC has completed five projects as of September, including development of a paperless application process for mutual funds, and cutting down the number of forms required for bond issuance from 32 to 12.
11/12/2020
The other two price return contracts: the SGX FTSE Emerging Market and SGX FTSE China H50 Price Return futures, are planned to be available on the Mutual Offset System (MOS) clearing link with CME from the first half of 2021.
11/11/2020
The bilateral financing arrangement was established in November 2018, following the Singapore-Indonesia Leaders’ Retreat, where the leaders asked BI and MAS to establish the arrangement to build confidence in each other’s economies.
11/11/2020
The EC is indeed contemplating the idea of having a single rule book for investment funds, with the aim of harmonising the UCITS directive and the AIFMD despite them having different objectives
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.