11/25/2019
The HKMA and the banking sector will continue to contribute to AML/CFT efforts in Hong Kong
11/22/2019
Tech-Savvy Startups are Applying for Singapore’s Digital Banking Licenses
As per Pengeluaran SGP, the country has started digital bank licenses after the tech giants like Google and Alibaba started offering full-service banking.
11/22/2019
Longer-term Singapore government bonds facing headwinds: DBS
The SGS and interest-rate swap (IRS) curves, which are highly correlated to DM rates, have also followed suit, he added.
11/22/2019
Nine banks back Singaporean trade finance initiative, DBS Bank explains three key benefits
Users can receive real-time status updates on their applications, improving efficiency and productivity for both banks and those looking to access trade finance. Alongside improved efficiency, a duplicate invoice check feature will also help prevent the d
11/22/2019
The notion that any child has been hurt as a result of any failings by Westpac is deeply distressing and we are truly sorry.
11/22/2019
Another 140 charges of a similar nature were taken into consideration
11/21/2019
MAS mulls regulating trade of payment token derivatives
MAS said it still does not view payment token derivatives to be suitable for retail investors to trade.
11/21/2019
The report highlights that while a number of jurisdictions have adopted or are considering adopting open banking frameworks, these frameworks vary across jurisdictions in terms of stage of development, approach and scope.
11/21/2019
Wirecard's shares have whipsawed after several media reports raised questions about accounting methods, all of which the company has rejected.
11/21/2019
KPMG member firms across the region recently surveyed more than 20 large banks in Hong Kong, Indonesia, Malaysia, the Philippines and Singapore on their readiness for the LIBOR transition.
11/21/2019
Payment tokens and their derivatives are, however, not suitable for most retail investors
11/21/2019
Flexible account structures enable synthetic access to restricted markets and hard-to-borrow securities as well as access to cash markets with optimised lending and solutions for financing and asset protection.
11/21/2019
The more recent Hong Kong protests are yet to have an impact on our workflows
11/20/2019
The Big Four audit firm is now planning to write to all of the club’s 6,000 members to tell them their membership will end on 1 March, the FT reported.
11/20/2019
Singapore’s efforts to open up the banking industry to technology companies comes on the heels of a similar move in Hong Kong
11/20/2019
Fusion Trade Innovation to automate end-to-end trade finance operations and generate new revenue streams
11/20/2019
The tech aims to increase the efficiency of trades by reducing processing cost and time.
11/20/2019
Among the serious breaches alleged, AUSTRAC says Westpac failed to "carry out appropriate due diligence on customers sending money to the Philippines and South East Asia for known child exploitation risks".
11/20/2019
The protests in Hong Kong have taken a very violent turn, and talking to my colleagues out there gives me a sense that we are seeing a radicalisation of the protest movement, which is not widely supported.
11/20/2019
Cathryn Carver from NAB said: “With trade practices evolving rapidly, NAB is focused on increasing efficiencies through trade process digitization.”