01/02/2020
PHILIPPINES: SEC sets new guidelines on corporate governance
The ACGR should be a comprehensive report containing all pertinent corporate governance information on a company.
Legal, Regulation & Compliance
01/01/2020
Malaysia to issue up to five licences to new online lenders in 2020
The new lenders will have access to the country’s shared ATM network.
12/31/2019
APAC Wealth Migration Trends Heighten Financial Crime Risk
Hong Kong: a decline in regional dominance?
12/30/2019
Who's who among China's rising financial czars
The appointments appear to put them in the fast lane as China prepares for a leadership reshuffle in 2022.
12/30/2019
The good times are over for Hong Kong’s bankers as their bonuses are crushed by protests, trade war
Many brokerage firms froze salaries and reduced bonuses in early 2009 after the global financial crisis hit the local economy, and the Hang Seng Index plunged.
12/30/2019
Regulator Seeks Probe Over Korean Hedge Fund’s U.S. Investment
Lime Asset invested in U.S. fund halted by SEC: Korea’s FSS
12/30/2019
Top 3 Ways Hong Kong Protests Influenced Finance in 2019
This has done little to discourage anti-government sentiments and, by one estimate, has led to as much as 80 percent of staff in some Hong Kong-based financial firms to participate in protests.
12/30/2019
Hong Kong Protests Slash Banker Bonuses
This compares with 2-4 percent pay hikes at HSBC in recent years, the report added, while bonus payouts have not been decided.
12/30/2019
Islamic banks ready to support SMEs
So, we welcome SMEs to come to Islamic banks and try to get accredited to this financing,” she added.
12/30/2019
SFC publicly censures three firms and their representatives for breaching the Code on Share Buy-backs
Each of the parties accepted that they failed to comply with the Code on Share Buy-backs and consented to the disciplinary action taken against them.
12/30/2019
Hong Kong's SFC imposes HK$3.5m fine on FIL Investment Management for regulatory breaches
The SFC also found that FIMHK, when applying to the SFC for a new fund authorization in March 2017, submitted an incorrect information checklist based on an outdated template.
12/29/2019
‘Breakthrough’ as China slashes red tape for IPOs
Wide-ranging overhaul is ‘most significant revision of securities law in history’
12/29/2019
Asia’s central banks are ahead in the race to develop their own digital currencies, say experts, led by China, Hong Kong, Thailand
Collaboration between Hong Kong and Thailand is expected to help companies save costs incurred in cross-border payments
12/27/2019
Rescued Chinese bank’s ex-chair set for life in jail
Death sentence for embezzling $110m likely to be commuted at end of 2-year reprieve
12/27/2019
S. Korea finalizes guidelines on pension fund's shareholder activism
The country's business community voiced concerns that the NPS could unduly interfere in business operations.
12/27/2019
Malaysia to open up banking sector to up to 5 new online lenders next year
The move by Bank Negara Malaysia comes as regulators across Asia opening up banking sectors to new digital players using technology to offer financial services.
12/26/2019
Bar set high for insurance sandbox play
In Singapore, the rejection rate for the regulatory sandbox project was as high as 90 per cent
12/26/2019
Govt outlines pension reform for graying society
The income level for reducing pensions for workers aged 60 to 64 will be changed from over ¥280,000 a month to over ¥470,000. The new income threshold will be equal to the existing one for workers of 65 or older.
12/26/2019
Thai regulator plans stock exchange for SMEs and startups, report says
The new equity exchange will be organised and run by the Stock Exchange of Thailand," she says in the December 22 report.
12/26/2019
Other challenges of sharia banking in Indonesia
This can be achieved mainly through improvements in business efficiency and a focus on well-known business segments.