09/10/2020
“A bank that adopts a ‘wait and see’ attitude and leaves things till next year, is likely to find itself with too much on its plate before the end-2021 deadline,” she said. “This is something which we must avoid.”
09/10/2020
In July, the company said it had received notices from the CAD and MAS asking for information and documents in relation to an alleged offence under the SFA.
09/10/2020
The guidelines, which were released on September 10, were accompanied by an information paper on good practices in these areas.
09/09/2020
Road is key trade route and part of Corridor 2 of the CAREC programme
09/09/2020
The changes will require banks to decrease their holdings of private sector liquid assets in favour of buying more government debt.
09/09/2020
The initiative opposes the creation of backdoors in technology products, large-scale surveillance of other countries, and the illegal acquisition of foreign citizens’ personal data.
09/09/2020
SFC unveiled the issues surrounding the Tianhe listing last year including grossly lacking due diligence practices.
09/09/2020
Customers can make reference to the past performance of asset allocation portfolios and customise their own asset allocation
09/08/2020
It is not yet known if there are any significant changes to the rules from those proposed by the PBOC last year.
09/08/2020
The RES modules will be tailored for appointed representatives trading on the respective securities and derivatives exchanges, while allowing flexibility to take new combined product knowledge modules.
09/08/2020
This February, BSP, OJK and the Indonesian central bank signed another memorandum of understanding to cooperate on payment systems and digital financial innovation.
09/08/2020
BlackRock recently announced that it has also received regulatory approval from the CSRC to establish its own wholly-owned subsidiary, with firms such as Neuberger Berman and Fidelity International also submitting applications.
09/08/2020
The board of OneVue is recommending acceptance of the Iress offer by shareholders.
09/08/2020
“Financial advice dealer groups cannot influence the addition of managed investment schemes to platforms or recommended product lists.”
09/08/2020
China Zheshang Bank was fined CNY 101.2 million for selling wealth management products to shift assets off balance sheet, and for interbank investment violations.
09/07/2020
The strong recovery after a sharp fall in the first quarter reflects “the resilience and stability of the MPF system”
09/07/2020
The move comes against a backdrop of rising tension with the US over issues including trade and the crackdown on Hong Kong.
09/07/2020
“When the economy recovers, the demand for talent will resume. It is therefore desirable for the industry to maintain its momentum in building human capacity despite the negative impact of the pandemic situation.”
09/07/2020
UK sees home demand surge after citizenship offer in response to security law
09/07/2020
The new regime is aimed at catalysing financial inclusion as part of the BSP’s digital payments transformation roadmap.