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.
11/10/2020
“There is also a potential, and inward focus into the Philippines from Qatar, around the area of Islamic finance or Islamic banking,” he said.
11/10/2020
Seven firms received the quotas for the first time.
11/10/2020
IFC research estimates that cities in emerging markets alone have the potential to attract more than $29 trillion in climate-related investments by 2030.
11/10/2020
A president who has laid siege to environmental causes over his four years in office has been replaced by another septuagenarian who wants the world's biggest economy back in the Paris Agreement.
11/09/2020
HSBC Sues Hin Leong Owners
Some 23 banks reportedly lent a total of $3.85 billion to the troubled oil trader, with HSBC reportedly believed to have the largest exposure.
11/09/2020
The central bank has also banned former bank employees from the industry for allegedly falsifying documents for Wirecard.