10/12/2020
Allens named Private Equity Legal Adviser of Year
‘Deals have been inked during COVID-19 and there will be more to come.’
Legal, Regulation & Compliance
10/11/2020
Standard Chartered applies to set up securities firm in China
China's 7.26 trillion yuan ($1.1 trillion) securities industry is opening up
10/09/2020
BSP Revises Minimum Capital Requirement for Digital Banks
The BSP now plans to no longer consider a distinction between a basic or advance digital bank.
10/09/2020
RegTech Asia 2020: Addressing Complex Regulatory Change
From 2-3 September, RegTech Asia 2020 brought together industry experts in an online forum to provide a comprehensive overview of the key regulatory issues impacting Asia-Pacific and the technology solutions that offer support.
10/09/2020
Days of reliable bank dividends ‘long gone’
Westpac should generate strong profits as loan losses fall, cash rates begin to rise, and cost savings are achieved, according to Morningstar.
10/08/2020
Indonesia reforms target central bank’s hard-won independence
Critics say loss of autonomy would shake confidence in south-east Asia’s largest economy
10/08/2020
Motley Fool Closes Hong Kong Office
In its parting statement, Motley Fool also included one last piece of advice for Hong Kongers: to diversify investments outside of local and mainland Chinese equities.
10/07/2020
Banking Industry Collaborates on Trade Finance Registry
The POC, which was developed on a blockchain network supported by technology provider dltledgers, was completed in three months.
10/07/2020
MAS Announces Extension of Credit Support Measures into 2021
To be eligible, individuals should be able to provide proof of income impact and must not be more than 90 days past due on their loan payments.
10/07/2020
China's Hong Kong signs tax pact with Georgia to avoid double taxation
This CDTA will come into force after being approved by related authorities of both sides.
10/07/2020
APRA rolls out new assessment model
APRA may skip the supervisory stages depending on whether an entity needs increased supervision.
10/07/2020
Singapore impact firm obtains HK licences
Earlier this year, 8F Asset Management attracted at least $300m for its first fund from family offices and institutions globally, including Asia.
10/06/2020
AmBank Group implements Kamakura Risk Manager for Basel 3 LCR and NSFR
The Basel Committee on Banking Supervision reformed the LCR and NSFR ratios in response to the financial crisis to ensure that banks hold sufficient reserves of high-quality liquid assets and have adequate stable funding, to promote a more resilient bank
10/06/2020
1MDB Trial of Najib Razak Delayed by Quarantine
At 3.5 million, the state of Sabah represents a little over 10 percent of Malaysia’s overall population of nearly 32 million.
10/05/2020
ANZ fined $10 million by Asic after unlawfully levelling $3 million in customer fees
ASIC acknowledges the cooperative approach taken by ANZ to this litigation, which allowed the matter to be efficiently resolved by the Court.
10/05/2020
Carey Olsen makes offshore shortlist at HFM Asia Services Awards 2020
The offshore category is one of 28 awards to be announced on the night
10/05/2020
HKMA Directs Banks to Review, Enhance Sales Practices
In a new report, the HKMA has summarised the findings and good practices identified by the mystery shoppers.
10/05/2020
How EY missed the chance to stop Wirecard’s fraud
Auditors continued to sign off payment group’s accounts even after a whistleblower’s tip
10/05/2020
UK manager Man AHL gets China foreign investor licence
“We are excited to be one of the few systematic fund managers that have been granted a QFII licence so far, and to thereby gain wider access to China’s highly developed and liquid onshore market,” Antoine Forterre, co-chief exec
10/05/2020
Europe rushes to standardize ESG securities sold to Asian investors
Regulators seek increased transparency, disclosure for firms and products