09/29/2020
A tiered approach is said to be under consideration, so that relief is targeted to those needing the most help. Details of the plan and what types of borrowers would be covered under an extension are still being finalised, Bloomberg sources said.
09/29/2020
A six-month 100 percent trading fee waiver has also been applied to all MSCI Taiwan and MSCI Singapore contracts traded on HKEX.
09/28/2020
Class action lawsuits allow multiple claims against a single defendant.
09/28/2020
Such passports, which some countries issue in return for investments, are popular because they provide freedom of movement among all EU nations
09/28/2020
Records show there are cases where ‘suspicious transactions’ have been carried out through the international payment gateway of foreign banks, said the paper.
09/28/2020
The report did not provide more details or provide a timeline for the measures. Spokespersons for Sebi did not immediately respond to questions from Asia Asset Management.
09/28/2020
"The proposed amendment is expected to be submitted to the SEC's board of directors, then to the finance minister during the first quarter of next year,"
09/28/2020
The reforms will seek to adjust the reporting format to align with international standards, thereby reduce data processing steps for financial institutions and the costs associated with reporting, while increasing reporting efficiency.
09/25/2020
Westpac Group Chief Executive Officer, Peter King, said: “I would like to apologise sincerely for the Bank’s failings.
09/25/2020
Woman’s bank accounts linked to alleged money laundering by family of five taken into custody two weeks ago, customs says
09/25/2020
The fresh quotas are the first for 18-months as the renminbi enjoys a period of strength.
09/25/2020
Our role is to harden the financial system against serious crime and terrorism financing and this penalty reflects the serious and systemic nature of Westpac’s non-compliance,”
09/25/2020
ASIC Commissioner Cathie Armour said the changes would protect retail investors.
09/25/2020
The matter was mentioned on 22 September 2020
09/25/2020
The funds industry in these markets continues to evolve and we feel privileged to be able to help elevate technology adoption to address challenges raised by the pandemic and to come into line with global digital development.”
09/25/2020
The European Commission says the decision will give financial market participants time to reduce their “excessive” exposures to UK-based CCPs.
09/25/2020
The company uses a tallying system dubbed forward processing, in which a postal office will issue a "certificate of delivery" on the date that votes are delivered, with JaSt tallying votes with respect to the date indicated on the certificate.
09/25/2020
Buzzfeed has had these SARs for over a year.
09/23/2020
MAS ‘Closely Studying’ Singapore Mentions in FinCEN Files
The SARs flagged bank clients in more than 170 countries who were identified as being involved in potentially illicit transactions.
09/23/2020
CBA, Macquarie face new $167m dirty cash allegations
Commonwealth Bank ended up copping a $700 million penalty as a result.