12/14/2020
Leading offshore law firm Appleby is delighted to announce that Hong Kong based Corporate Partner, Fiona Chan, has been recognised as “Lawyer of the Year for Offshore” at the Women in Business Law Awards 2020 ceremony which was hosted on 10 De
12/14/2020
Singapore has been especially active in bolstering relationships with China beginning with Chongqing where an agreement was made last month for iSTOX to build a digital exchange alongside other initiatives.
12/14/2020
In producing REP 675, ASIC considered publicly available data on default insurance offered by 20 large MySuper products, which at 30 June 2020, covered 82% of MySuper member accounts.
12/11/2020
Malaysia’s RHB Bank officially exits Hong Kong
This includes the bank's asset and wealth management businesses.
12/11/2020
Philippine SEC Proposes Stronger Rules on Beneficial Ownership
One of the measures proposed by the SEC is to ban the issuance, sale or public offering of bearer shares and bearer share warrants in the country.
12/11/2020
Clients don’t have to worry about hiring additional staff within a short period of time to fill a knowledge gap in a fast-changing regulatory environment.’ says Kelvin in conclusion.
12/11/2020
The legislation amends 79 existing laws and covers a wide range of areas, including making it easier to do business, protection for cooperatives and small businesses, and improving the investment climate.
12/11/2020
The report takes stock of current TBML risks and uses case studies from the FATF’s Global Network to explain the ways in which criminals exploit trade transactions to move money, rather than goods.
12/11/2020
The SFC today also made consequential changes to its FAQs on premises for business and record keeping.
12/11/2020
The updated RG 160 will provide industry with the certainty it requested of ASIC, especially leading up to year end.
12/11/2020
RG 274 addresses demand from industry for ASIC guidance as they prepare for the obligations to take effect on 5 October 2021.
12/11/2020
ASIC alleges Union Standard provided financial services including trading in margin FX products to clients in China in circumstances where it was illegal for Chinese residents to deal or trade in those foreign exchange contracts.
12/11/2020
The report says that from June 2019 to December 2019, the average CET1 capital ratio under the initial Basel III framework increased from 12.8% to 13.0% for Group 1 banks and from 14.8% to 15.2% for Group 2 banks.
12/11/2020
The recommended disclosures are based on the work of the Climate Transition Finance Working Group, which is made up of representatives from more than 80 entities participating in the capital markets.
12/11/2020
On a case-by-case basis, the SFC may consent to just one MIC or one responsible officer (RO) ordinarily resident in Hong Kong to be named for the purposes of the October circular.
12/10/2020
The SFC thanks all members of the PRP for their valuable contribution to the work of the SFC, including the observations and recommendations made in the annual report.
12/10/2020
The FSCP currently supports ASIC in conducting banning orders against individuals for misconduct.
12/10/2020
All UniSuper directors' act in the best interest of our members, regardless of who first nominated them for appointment.
12/09/2020
In November 2018, ASIC obtained asset preservation orders over the assets held by the defendants.
12/09/2020
“An investment company may constitute its Audit Committee as its IOE or may engage the services of a custodian bank, trust entity or an external auditor to serve as such,” the SEC said.