08/07/2024
The Inspection also found scope for the Company to enhance its AML compliance and management oversight processes in its Hong Kong branch.
08/07/2024
The HKMA received a total of seven submissions from the banking industry, professional bodies and relevant organisations in the consultation.
08/07/2024
These awards spotlight and honour the most innovative cross-border work in the Asia-Pacific region.
08/06/2024
The new regulation will require Singapore-based family offices to undergo a screening process from approved providers as part of the application process for tax incentives.
08/06/2024
The suspect is detained pending the hearing in the Eastern Magistrates’ Court tomorrow.
08/02/2024
An increased focus on protecting customers from scams is working but CommBank says there is more to do across big tech, telcos and banks.
08/01/2024
Primega operates in the Hong Kong construction industry, mainly handling transportation of materials excavated from construction sites.
08/01/2024
China Everbright Greentech is a professional environmental protection service provider in China, with its businesses focusing on integrated biomass utilisation, hazardous and solid waste treatment, environmental remediation, solar energy and wind power.
08/01/2024
In addition, MAS has declined CCIAM’s application to upgrade to a licensed fund management company (LFMC).
07/30/2024
The decision was made in a coordinated regulatory effort between the IA and the Bermuda Monetary Authority (BMA).
07/30/2024
While the website is now inaccessible, the public should beware of websites with similar domain names which may be continuously created.
07/29/2024
The market-friendly tone of the plenum held ten years ago has given way to messages around deepening domestic capacities for “Chinese-style modernisation” in a more challenging geopolitical environment.
07/29/2024
Despite these headwinds, our financial system, including the Linked Exchange Rate System and the banking system, has remained sound and stable.
07/29/2024
Trustees will be subject to increased scrutiny on the quality of their financial reports in relation to superannuation funds.
07/25/2024
Our regulatory interventions to address the deteriorations included targeting pump and dump activity
07/24/2024
APRA received 35 submissions from entities, individuals and industry bodies during the formal three-month consultation period.
07/23/2024
Key superannuation rates and thresholds were also updated in the quarter and are to take effect from July 1, 2024.
07/22/2024
The same salary punishment will also hit MUFG Bank Chairman Naoki Hori and Mitsubishi UFJ Morgan Stanley Securities Chairman Saburo Araki for two months.
07/22/2024
MAS asked major financial institutions to report the impact of the outage.
07/22/2024
APRA has been closely monitoring OPC which has continued to identify further members who may have been adversely impacted by failures to direct default member contributions to a MySuper product.