12/03/2020
The HKEx study noted that ESG investment strategies had become increasingly popular with investors, driven by multilateral initiatives such as the Paris Agreement and the United Nations Sustainable Development Goals, “as well as the growing market d
12/03/2020
Trustees often have limited data about members’ occupations.
12/03/2020
“The unemployment rate currently stands at 7% and we are expecting it to be still above 6% in two years time.”
12/02/2020
The central bank didn’t set a limit on the number of licences it will issue but says there may be a cap depending on the number of applications.
12/02/2020
Moreover, China’s domestic growth is uneven and has been fueled by rising levels of debt.
12/02/2020
The Ogier corporate team was led by partner Nathan Powell
12/02/2020
This may affect, for example, some licensing applications, some product applications, and our public complaints and enquiry service.
12/02/2020
The Commonwealth Director of Public Prosecutions prosecuted the matter after a referral from ASIC.
12/02/2020
Allegra failed to disclose this in its application and Mr Schonfelder provided misleading information to ASIC regarding the reasons that he ceased employment with the licensee.
12/02/2020
The previous guideline largely covered banks’ downstream operations, whereas the new group-wide approach also covers banking groups’ immediate and intermediate holding companies and affiliates.
12/02/2020
The FATF highlights high costs, limited access, low speed and insufficient transparency as some of the challenges with cross-border payment services that the G20 Cross-Border Payments Roadmap seeks to address.
12/02/2020
The award comes hot on the heels of the leading firm winning Offshore Law Firm of the Year 2020
12/02/2020
“Where a bank proposes to acquire a major stake in an entity, the full amount of its investment would also have to be taken into account,” MAS says.
12/02/2020
To facilitate compliance by licensed corporations and their associated entities, the SFC has provided expected regulatory standards and examples of good practices.
12/01/2020
The guidance published today sets out regulatory expectations and clarifications on key transition issues.
12/01/2020
The manual fixes were unsuccessful, and customers continued to be overcharged.
12/01/2020
APRA will now require comprehensive reviews by independent third parties of Westpac’s compliance with APRA’s liquidity reporting requirements and the remediation of its control framework for liquidity risk management.
12/01/2020
The initiative was first announced in July, in the aftermath of the high-profile collapse of oil trader Hin Leong Trading, whose founder admitted to hiding USD 800 million in losses generated from oil futures over several years.
12/01/2020
The processes that could benefit from electronic solutions include regulatory correspondence, customer onboarding, corporate meetings, listing and IPO processes, tax and stamp duty processes, and post-trade processes.
12/01/2020
According to Liu, further opening of the industry will contribute to China’s «dual circulation» strategy of economic development where domestic activities act as the main driver, supplemented by international activities.