03/20/2020
This agreement requires the novation of TMB Bank's current bancassurance distribution agreement with another insurance group, which will cost Prudential 24.5 billion Thai baht ($754 million), which will be paid in two installments.
03/20/2020
BCI is reportedly opposed to management other than the CEO sitting on the board.
03/20/2020
Update prepared by Stephen Alexander (Partner, Jersey) and Tony Pursall (Consultant, London)
03/20/2020
This will be a shift from the current practice by corporates which are reviewed externally based on the Green Finance Frameworks.
03/20/2020
The global firm said it is following advice from governments in all jurisdictions, and teams are ready to work remotely if the relevant government suggests this.
03/20/2020
While some provisions are already in force, the majority of the reforms is set to take effect from April 1, putting vulnerable Australians at risk, according to Slater and Gordon principal lawyer Annemarie Gambera.
03/20/2020
Perpetual MySuper ranked 21st for one-year returns to June 2019, however it sits in 52nd place over five years.
03/20/2020
How to prevent the abuse of power during a global health pandemic
03/20/2020
Such has now paved the way to new measures (temperature scanning, self-assessment forms on 14 days’ previous Coronavirus at-risk contacts, dealing with on-premises reported suspicious cases) which have their consequences privacy-wise.
03/20/2020
The bank has also taken precautionary measures by splitting its critical functions to operate from primary and secondary sites to mitigate the risks of business disruption, he added in another statement.
03/20/2020
These failures were identified following an inspection by MAS.
03/19/2020
Foreign asset management firms have been applying for licences to invest onshore in China.
03/18/2020
The maximum penalty for each of the charges is around $45,000.
03/18/2020
This is the third investment that InfraRed NF has invested in Changsha.
03/18/2020
The responsible entity, Equity Trustees, is considering alternative arrangements for Flinders.
03/18/2020
A US-listed ETF that tracks the Philippine market fell by a record 19.5 percent on Monday after the closure was announced, adding to the more than 30 percent drop Philippine equities have seen so far this year.
03/18/2020
The 12 “core” sectors designated as having potential national security concerns include weapons, aircrafts, nuclear facilities, space, dual-use technologies, and parts of cybersecurity, electricity, gas, telecommunications, water supply, railw
03/17/2020
It’s an unprecedented situation with a large proportion of the global workforce now working from home in an attempt to delay and contain the virus.
03/17/2020
The HKMA has been taking actions, including the establishment of the Banking Sector SME Lending Coordination Mechanism, to encourage the banking sector to continue supporting the financing need of SMEs in Hong Kong.
03/17/2020
The new Code also introduces a general best interests duty for all CIS managers in Singapore: “The manager should, at all times, act in accordance with the constituent document of a scheme and in the best interest of participants.