08/28/2020
The move is aimed at easing potential funding stress that could arise if volatility returns, and ensuring financial institutions can continue to provide funding to companies amid the Covid-19 pandemic.
08/28/2020
Pompeo was retweeted by Jimmy Lai, the owner of Apple Daily and a fierce critic of Beijing, who was arrested alongside Cheung.
08/28/2020
The report highlights siloed risk management approaches across banking operations, customer due diligence, sanctions screening and trade-based transactions as the root cause for systemic inefficiencies leading to fraud.
08/25/2020
The statement also welcomed the entry of foreign players into the estimated $45 trillion financial service industry in the midst of a historic opening across futures, securities, and mutual fund businesses.
08/25/2020
Typically, the offshore entity carries on business by way of a fully automated system, while its Hong Kong affiliate provides technical support, such as upkeep and adjustment of its proprietary software, and is remunerated on a cost-plus basis.