03/09/2020
Banned advisers still working in advice: FPA
The FPA has released its submission on the proposed legislation
Legal, Regulation & Compliance
03/08/2020
Fiscal Policies to Protect People During the Coronavirus Outbreak
This blog is part of a special series on the response to the coronavirus.
03/08/2020
India's Yes Bank founder arrested on money laundering allegations
Yes Bank confirmed the arrest.
03/08/2020
PHL laws have ‘no teeth’ to check money laundering, financial crimes–DOF chief
The finance chief pointed out that tax evasion and other financial wrongdoings are not among the predicate crimes listed under the law and enable AMLC to examine bank accounts after securing a court order.
03/08/2020
Graft court affirms Marcos wealth rap dismissal; government appeal junked
The anti-graft court said the PCGG failed to show proof that the original copies of the photocopied documents presented as evidence had been lost, destroyed or could not be produced in court.
03/05/2020
Supreme Court Overturns RBI Circular Barring Banks from Crypto Dealings
The RBI has maintained that it had not formally banned cryptocurrencies by instructing banks not to deal with them.
03/05/2020
Former chairman of China Development Bank indicted for bribery
The SPP said the prosecutors had informed the defendant of his litigation rights, interrogated him and listened to the defense counsel's opinions
03/05/2020
Legal blow to Indian central bank as crypto ban overturned
Two years after it ordered regulated firms to stop dealing in virtual currencies
03/04/2020
Australia central bank cuts rates to record low on virus fears
Reserve Bank of Australia said it had lowered rates by 25 basis points to 0.50%
03/04/2020
UnionBank and Wirecard Cooperate on Digital Banking Services for Corporate Customers in the Philippines
They provide jobs, they contribute to our GDP, and they help build the country through their various corporate social responsibility efforts.
03/04/2020
Singapore's MAS Awards RF Fund Management Registered Fund Management Company Status
Following approval of MAS status, RF Fund Management's Private Equity Fund announces new support for the digital economy spurring global investment innovation
03/04/2020
JBWere partners with cash platform
The partnership extends Cashwerkz's footprint in the private wealth space.
03/04/2020
S. Korea Mulls Hong Kong-Style Short Selling Rules
One of the considerations for the regulators is whether restrictions on short selling would reduce the local market’s liquidity and efficiency.
03/04/2020
Philippines' Insurance Commission to fall under central bank's rule
At the moment the BSP jurisdiction is limited to banks and non-banks with quasi banking functions.
03/04/2020
Will Singapore eclipse Hong Kong to be Asia’s financial hub?
Prolonged political unrest, a recession and coronavirus are among the challenges facing the SAR
03/03/2020
BOJ Begins Publishing Securities Financing Transaction Data
During the GFC, short-term funds raised through SFTs were used to invest in illiquid assets and long-term financial assets, including debt securities with low creditworthiness such as securitised products backed by subprime mortgages.
03/03/2020
Myanmar regulator to issue corporate governance guidelines in April
He says the guidelines will apply to listed and public companies with more than 100 shareholders.
03/03/2020
China Launches Registration-based System for Bond Issuance
Issuers will have to register with the NDRC, rather than seek approval from local governments.
03/03/2020
Singapore's ACRA compiles register of company controllers
The new legislation will stipulate that nominators of nominee shareholders are also included on the register.
03/02/2020
JP Morgan Asia Growth Fund gets nod for distribution in China
The first was the JPMorgan Asia Equity Dividend Fund in 2016