07/16/2020
The announcement will increase confidence with large groups of investors and will re-emphasize the importance of Gift-IFSC as an emerging Global Financial Services Hub," said Khushboo Chopra head of business development - India Sanne
07/16/2020
From a series of thematic inspections of capital market intermediaries, MAS found that several capital market intermediaries failed to detect “major lapses” by service providers, which resulted in AML/CFT breaches.
07/15/2020
Those complaints were about the BOLR changes, AMP applying legislative changes to grandfathered commissions ahead of the legislated timeline and AMP issuing notices of termination to an estimated 205 planners.
07/14/2020
The new rules, proposed in a May consultation, will allow local branches of foreign banks to apply for a fund custody licence, provided they satisfy qualifications on asset size and business experience, among other requirements.