12/17/2019
Organisations that compile and publish market indexes outside the European Union were in February given an extension to the end of 2021 to comply with the EU’s benchmark regulation.
12/17/2019
The alliance is subject to regulatory approval, respective company-related approvals and the signing of other necessary agreements.
12/17/2019
Country's anti-graft court decided in favour of the Marcoses for the 4th time since August
12/16/2019
The syndicated loan will finance the S$1.575b joint acquisition of Duo Tower and Duo Galleria from M+S
12/16/2019
Nanu said his company will focus on serving businesses in more than 40 markets.
12/16/2019
OnePath will provide default superannuation cover (death, total and permanent disability and income protection) and voluntary cover.
12/16/2019
CRS and substance driving change in the family office space
12/16/2019
The firm maintained its high ranking in the Asia-Pacific edition of Chambers and Partners, reflecting its ongoing strategic expansion in Asia.
12/15/2019
This will help expand Malaysian Re’s access to international data and harness underwriting technology provided by Pacific Life Re’s fully-owned subsidiary, UnderwriteMe, it said.
12/15/2019
MAS will take stern action against financial institutions that do not abide by MAS’ directions, and will revoke the licences of financial institutions that are not serious about carrying on regulated activities.”
12/13/2019
ASIC has identified measures firms can implement to manage these risks, set out below.
12/13/2019
Another executive at a separate European bank said its analysts had been told not to write about the protests in research distributed to clients such as institutional investors, as it aims to boost the bank's business in mainland China.
12/13/2019
Different regulatory regimes and cultural practices across region can benefit from tapping proven, high-quality monitoring and tracking systems.
12/13/2019
APRA says the new qualitative operational risk requirements will not have implications for when and how ADIs implement and comply with the new APS 115.
12/12/2019
It comes amid the fallout from Westpac's alleged 23 million anti-money laundering breaches (some related to financing child exploitation), causing chaos inside the bank and Australia's financial sector.
12/12/2019
Despite the regulatory worries, Asia continues to be a primary growth driver for the bank, as evidenced by the latest figures.
12/12/2019
Bank Central Asia, which has a market capitalization of Rp 787 trillion, last month also acquired Bank Royal Indonesia, a small-sized local lender, for Rp 1 trillion with plans to develop it into an online-based lender.
12/12/2019
"After six months, the registrar will invoke our powers to enquire all the information to be submitted to the registrar," she said.
12/12/2019
ASIC will adopt a more intensive supervisory and regulatory approach in this regard.’
12/11/2019
The prudential regulator has finally published its long-awaited heat map for MySuper products, with deputy chair Helen Rowell saying it's likely many in the industry will feel uncomfortable.