07/29/2020
MAS has also reprimanded AAMPL’s CEO and Director Yeh Yin Yee and Director Bernard Kan Cheok Yin for failing to discharge their duties and functions of ensuring that AAMPL complies with all laws and rules governing its operations.
07/28/2020
Training programmes accredited by IBF under the skills map will be able to benefit from the IBF-Standards Training Scheme grant
07/28/2020
The main aim of this first article is to give companies more independent investment rights by setting a differentiated supervision ratio, and improve the accuracy and pertinence of supervision policies.
07/28/2020
After 12 months with ILR/settlement status in the UK, Hong Kong BN(O)s will be allowed to apply to naturalise as British citizens.
07/28/2020
The taskforce also wanted to demonstrate that life insurance commissions have their place and can make advice more affordable.
07/27/2020
The Financial Services Commission vowed earlier in July to inspect over 10,000 pooled funds created in Korea to prevent alleged frauds orchestrated by Lime Asset Management and Optimus Asset Management, among others.
07/27/2020
The report suggests that the COVID-19 crisis could push Indian banks’ gross bad loans to their highest in two decades.
07/27/2020
"HSBC has not fabricated evidence or concealed facts, nor will it distort facts or harm any customers for our own benefit."
07/27/2020
Before the acquisition, Vantage alleged Macquarie pushed its owners Big Apple Energy and Clear Choice Energy into bankruptcy to take control of its business and to cover up the mistakes of a senior banker.
07/27/2020
Dubai-Chengdu bridge to benefit FinTech firms in both jurisdictions
07/27/2020
China’s new national security law has further deteriorated ties between the world’s largest and second largest economies, which were already frayed by their long-running trade war.
07/26/2020
The relevant incentive schemes are the Pioneer Industry Award, Pioneer Service Award, and Development and Expansion Award.
07/24/2020
Credit Suisse has sought to limit to court battles over Patrice Lescaudron, the bank’s former star wealth manager, to Geneva where he was convicted in 2018.
07/24/2020
“It is natural for financial institutions to assess operational risks,”
07/24/2020
The poll was conducted among 170 corporate treasury, finance and legal executives in Asia Pacific via an virtual roundtable on 8 July
07/24/2020
As reported, the case relates to bond sales that Goldman Sachs arranged and underwrote for 1MDB, from which the US Justice Department alleges $4.5bn was stolen to which the bank said the charges were "misdirected".
07/24/2020
As advised by the HKMA, AIs should implement a detailed work plan (by product and by business line) to achieve the milestones. If they anticipate difficulties in achieving the milestones, they should reach out to the HKMA as soon as possible.
07/23/2020
The team was led by Nathan Powell, working with Janice Chu and Jenson Ng.
07/23/2020
The Law anticipates application under both the jurisdiction of the HKSAR and of Mainland China (the Mainland).
07/23/2020
A Herald on Sunday investigation found during the peak of Blue Chip's operation he was a big-spender at an Auckland brothel.