09/04/2020
OBOR reveals it has received a licence for fund management
The licence is one of several the SECC has begun issuing since mid-2018 that allow private individuals or entities to act as fund managers in collective investment schemes
Legal, Regulation & Compliance
09/03/2020
JPMAM launches ESG bond fund in Singapore
JP Morgan Asset Management has registered its Global Bond Opportunities Sustainable Fund for sale to retail investors in the Lion City.
09/03/2020
MAS to Ensure Fair Hiring Practices in Financial Sector
MAS holds our financial institutions to high standards and will not condone firms that fall short of fair hiring practices, Ong added.
09/03/2020
iM Global and Eurizon strike Japan fund deal as Syz duo move
Regional expert Joël Le Saux to take up new role within Italian company’s equity team and retain oversight for long-running fund.
09/03/2020
Central Bank Independence Should Have Its Limits
The proposals give ministers a say over interest rates and would beef up Bank Indonesia's mandate
09/02/2020
Hin Leong Founder and Children Hit With Lawsuit
A recent report by authored by PwC’s Chan Kheng Tek and Goh Thien Phong said that existing assets at Hin Leong – totaling just $257 million
09/02/2020
Pinsent Masons advises EmpatKali founders in deal that signals Asia expansion for Afterpay
As Afterpay indicated in its FY20 results announcement, the acquisition is a first step in exploring further opportunities in select Asian markets.
09/02/2020
BNY Mellon Grows Taiwan Footprint
Our focus continues to be on growing our institutional business in Taiwan
09/02/2020
SFC bans TS’O Jing for life
The case was referred to the SFC by the HKMA.
09/02/2020
SFC bans Masy Lo Mee Chi for eight months
The case was referred to the SFC by the Hong Kong Monetary Authority.
09/02/2020
Jokowi pledges central bank to remain independent
Jokowi told a briefing with foreign correspondents that the central bank would remain independent, when asked about the recommendations, adding he had no plans to issue an emergency decree to change BI’s role.
09/02/2020
Convicted billionaire Ng Lap Seng sued over $1.9 million legal bill
The Law Firm of Hugh H. Mo on Monday sued Ng in U.S. District Court in Manhattan, alleging that Ng “simply failed and refused to pay” $1.9 million in fees, plus interest and other legal costs.
09/01/2020
Departing HK residents withdraw $167mln in pension funds in Q1, up 32% y/y
The number of claims was at 7,600 in the first quarter, up 11.8% from 6,800 in a year ago period
09/01/2020
Hong Kong Accounted for 54% of the Total APAC Data Center Investment Volume in 2020YTD
Hong Kong is an ideal data center location. According to the latest research by Cushman & Wakefield, the city ranked the fourth most attractive data center location in APAC, trailing Singapore, Sydney and Tokyo.
09/01/2020
Deloitte report reveals that Private Banks need to overhaul their AML processes
The survey also reports that many banks face challenges in meeting heightened regulatory expectations pertaining to AML and enforcing AML processes.
09/01/2020
Managers say Abe resignation won’t derail Japan’s policy efforts
Mr. Abe will remain influential within Japanese politics and the Liberal Democratic Party, which is "important from a continuity perspective.
09/01/2020
PBOC to Promote Interbank Repo Rates in Financial Products
The PBOC intends to promote the use of interbank repo rates in financial products including floating-rate bonds and floating-rate interbank certificates of deposit.
09/01/2020
Hong Kong, China regulators approve four ETFs for cross listing
The China funds will invest in the Hong Kong ETFs through the Qualified Domestic Institutional Investor programme, which allows Chinese investors to invest outside of the country.
09/01/2020
17th SSQ ALB China Law Awards 2020
The ALB China Law Awards recognise the excellence and outstanding achievements of China’s leading law firms and in-house legal teams, as well as the top deals and dealmakers of the past year.
08/30/2020
Singapore watchdog says falsehoods around financial sector hiring ‘unfair’
“Singaporeans are generally doing well in the financial sector, but MAS would like to see more of them move into the senior ranks,” the central bank said in the statement.