07/08/2019
For applicants intending to be APRA-regulated bodies, the corporate regulator is set to require responsible managers provide both national criminal history and bankruptcy checks which are no more than 12 months old, and two business references of the same
07/08/2019
If recent comments by GIC executives are any clue, the sovereign wealth fund's investment team views that assignment as a tall order at this point in time.
07/07/2019
Appleby champions diversity across the organisation and has recently announced its global Female Leaders Network which aims to bring together a group of senior women in business, to meet on a regular basis to discuss a variety of topics including how to d
07/05/2019
The organisation contributes to fintech programmes in key global financial centres.
07/05/2019
unlike money market funds, there are no restrictions on where and how CMP funds can be invested.
07/05/2019
The move will see the business provide investment advisory services to onshore investors on products offered by Chinese asset managers.
07/05/2019
The firm stated that the qualification allows for the provision of investment advisory services to eligible onshore Chinese investors on products offered by domestic wealth management subsidiaries of commercial banks
07/05/2019
"This will better target default insurance cover and prevent inappropriate erosion of retirement savings caused by insurance premiums," the explanatory memorandum reads.
07/04/2019
The partnership look to combine SCB's large customer base and distribution network with FWD's innovative product propositions and strong digital capabilities.
07/04/2019
, securities and futures companies, fund management companies, as well as other types of asset management firms in China, the firm said in the statement.
07/04/2019
One MAS proposal is to allow REITS to take on a higher leverage if they meet an additionally minimum ICR (interest coverage ratio) requirement, which measures a REIT’s ability to service its debt obligations from its regular income.
07/04/2019
Mr Marape late last month announced a Commission of Inquiry into the $1.2 billion borrowed by the Pacific nation from UBS, a move that could subject the Swiss bank's Sydney office and law firms Norton Rose and Ashurst to fresh scrutiny.
07/04/2019
Under Chinese regulations, a public bidding process is required for 49% owner JPMAM — which has publicly expressed its interest in acquiring a majority stake in the joint venture — to acquire an additional 2% stake from 51% shareholder SITCO.
07/04/2019
“Cautious reaction from some is expected, but it’s worth noting that many submitters, particularly from the general public, support the proposed higher capital requirements for banks,” the RBNZ said.
07/04/2019
ASIC said the proposals reflect industry feedback that "there is a need for Australian professional investors to access funds management financial services providers outside Australia"
07/04/2019
The Committee has discussed two approached for the per permanent discontinuation of JPY LIBOR.
07/04/2019
For involvement in the 1MDB scandal, Tim Leissner also has a lifetime prohibition on entering Singapore’s financial industry.
07/04/2019
The abolition of ownership restrictions for foreign investors in the financial sector will happen in 2020, a year earlier than scheduled, says China premier Li Keqiang.
07/03/2019
An incremental three-month and four-month rise will be added to the retirement age for men and women, respectively, each successive year.
07/03/2019
Governor Perry Warjiyo has said a rate cut is just a matter of timing and officials are watching the economic data closely.