08/28/2020
Aus Unity appoints CIO
Kerr-Smith said Fernandes’ leadership experience would improve the firm’s investment capability during a period of heightened economic uncertainty.
08/28/2020
Kerr-Smith said Fernandes’ leadership experience would improve the firm’s investment capability during a period of heightened economic uncertainty.
08/28/2020
Evergreen Assets Management is launching a fund to raise S$100 million ($73.27 million) to build on its decades-long track record of doing business in Indochina.
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.
08/27/2020
The bank ultimately settled the case for a record AUD 700 million (USD 506 million) penalty.
08/27/2020
The awards recognised Asia Pacific’s leading law firms in 10 practice areas, seven industries and 25 jurisdictions over the past 12 to 18 months.
08/26/2020
Chinese citizens may apply for permanent residency or citizenship in foreign countries, but obtaining citizenship abroad generally means losing Chinese citizenship
08/26/2020
Fund managers are still waiting for the launch of the first ARFP fund.
08/26/2020
The regulators have agreed to establish a “collaborative framework to develop the fintech ecosystem in both markets”, the SC says in a statement on August 24.
08/26/2020
Sixty-six kilometre project will increase transit throughput, reduce local air pollution
08/26/2020
Former celebrity financial adviser Sam Henderson has plead guilty to three charges of dishonest conduct.
08/26/2020
The company is due to report FY20 results on Monday, August 31.
08/25/2020
The remaining schemes described themselves as mainly passive or mixed, and were generally true to label.
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
According to the 2017 Global Findex Survey, the Philippines ranked among the lowest in Southeast Asia on almost all financial inclusion indicators.
08/25/2020
The re-appointment was endorsed by EMEAP Governors at the 25th EMEAP Governors’ Meeting, held virtually on 19 August.
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.
08/25/2020
The strategic partnership between the Institute and Julius Baer will set a good example for the wealth management industry and wealth management education.
08/25/2020
The new legislative instrument, which commenced from Saturday (22 August), requires litigation funders to hold an AFS licence and subjects them to the same regulations for managed investment schemes.
08/25/2020
On that basis, the Hong Kong Court found the balance of the debt to be due and owing and proceeded to wind-up the guarantor.
08/24/2020
Some 80 percent of banks also said they plan to increase investment in AI over the next five years, though highlighting adoption challenges related to data quality, data protection, model explainability, a shortage of talent, and regulatory issues.