08/20/2020
The firm also wants to see all communications between Burns and AMP and AMP's lawyers regarding Szlakowski's complaint and the investigation, a copy of the draft report and all documents relating to the disciplinary action taken against Pahari.
08/20/2020
The Cayman Court adjourned the hearing of the Cayman petition pending judgment of the Hong Kong Court, so as to avoid conflicting judgments (noting that comity and cooperation are particularly important in cross-border insolvency).
08/19/2020
Each payment is reviewed every six months, in March and September, to reflect changes in living costs and wages.
08/19/2020
The report finds that public-private financial information sharing partnership collaboration enhances the quality of regulatory reporting, and improves law enforcement outcomes to disrupt criminal networks.
08/18/2020
Repercussions from high profile scandals and compliance failings hit US, Israeli, Nordic and German banks hardest
08/18/2020
As of end-July, banks have deferred repayments on consumer loans totalling around NZD 21 billion for over 61,000 customers; and business loans totalling over NZD 1.2 billion for over 3,000 customers.
08/17/2020
During the operation, five men and four women, aged between 16 and 56, were arrested for their suspected involvement in cases of cheating and criminal breach of trust.
08/17/2020
According to Guo, the Covid-19 epidemic has interrupted the sales of well-run companies and compressed their orders, making the rebound of non-performing loans “inevitable”.
08/14/2020
In May, it was expanded from NZD 33 billion to NZD 60 billion, and New Zealand government inflation-indexed bonds were included in the programme.