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.”
11/20/2019
Despite Hong Kong sliding into recession amid ongoing social unrest, firms continue to launch products to the SAR’s retail investors.
11/20/2019
Beijing's financial clout in Asia and Africa spurs calls for higher contributions
11/20/2019
The award affirms the strength and reputation of Harneys’ Asia funds practice, which is one of the most dynamic and fastest growing offshore funds teams in the region.
11/20/2019
These AML/CTF laws are in place to protect Australia’s financial system
11/20/2019
The government in August had announced four major mergers of public sector banks, a move aimed at making state-owned lenders global sized banks.
11/19/2019
In addition, licensed operators will be required to be in the SFC’s regulatory sandbox and subject to close supervision and monitoring by the SFC.
11/19/2019
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