04/13/2020
The central bank has received seven applications for digital full bank licences, which allow retail operations, and 14 applications for digital wholesale bank licences.
04/12/2020
To date, more than 2 million individuals have registered to use PayNow.
04/12/2020
This will allow the digital bank licence applicants to dedicate their resources and attention towards managing the immediate impact of the COVID-19 pandemic on their businesses.
04/12/2020
The CPMI and IOSCO encourage jurisdictions to continue to adopt measures that will enable them to fully implement the PFMI.
04/12/2020
SCB has had a representative office in Myanmar since 2012.
04/12/2020
Man opens the discussion by remarking that at this time of global crisis, now might be a good time to step back and reflect on the direction of businesses in the private banking and broader wealth management sector.
04/09/2020
The Ogier team was led by partner Kate Hodson
04/09/2020
The lockdown rules are causing a ‘dramatic reduction’ in retail traffic with major retailers reporting declining share prices.
04/09/2020
Blockpass offers shared regulatory compliance services for humans, companies, objects and device
04/09/2020
The MAS will also provide FIs more latitude on submission timelines for regulatory reports and defer non-urgent industry projects; and suspend regular onsite inspections and supervisory visits till further notice.
04/09/2020
HSBC’s exposure to money laundering breaches — first revealed in the online newsletter Banking Day — are contained in the bank’s 2019 financial accounts that were published late last month.
04/09/2020
These events provide opportunities for exchange between policy experts, financial and economic researchers and practitioners.
04/08/2020
The investment strategy of 8F Aquaculture Fund I LP is focused on developing a socially and environmentally responsible land-based salmon farming business, which is being developed globally.
04/08/2020
This partnership will redefine the regulatory compliance landscape in Singapore.
04/08/2020
Sustaining lending activities should take priority over discretionary distributions.
04/08/2020
The HKMA also notes that SVF licensees have been offering network-based products to help support the payment needs of members of the public amid the Covid-19 crisis.
04/08/2020
Both join OCBC in closures in anticipation of fewer customer visits and for staff welfare
04/08/2020
HSBC's exposure to money laundering breaches
04/08/2020
Justice Parker’s judgment was circulated in draft on 11 March 2020.
04/08/2020
CVC Capital Partners is a longstanding client of the firm and Mourant has advised on each of CVC Capital Partners' previous Asia focused fundraisings.