06/17/2019
The scandal has led to an eight to nine percent increase in the cost of anti-money-laundering compliance for companies over the past two years – and the amount is expected to rise by a similar percentage this year according to a recent survey
06/17/2019
The President also criticized communist rebels who carry out their own version of land reform.
06/17/2019
The ED wants the liquidation to be halted as it is in the midst of establishing the money trail that led to an alleged loan fraud of $1.26 billion (around Rs 8,800 crore) by the company in 2013.
06/17/2019
The Swiss bank is reviewing the matter and evaluating whether more steps need to be taken, a spokesman said by email.
06/17/2019
It will adopt a hyperscale model, to be leased on a large, long-term basis to wholesale clients," the fund says
06/17/2019
The significant decline is likely a combination of natural attrition and also multitude of reforms impacting the industry at present such as education standards and changes to advice remuneration.
06/17/2019
The agreement was signed by H.E. Younis Al Khoori, Undersecretary of MoF and H.E. Dr. Bernard Chan, Undersecretary for Commerce and Economic Development, Hong Kong, in the presence of officials from both sides
06/14/2019
The former Winsome Diamonds Director has justified the default by stating that that the group’s customers in the Gulf region were hit by derivatives and commodities trading losses of US$1 billion and were unable to pay him.
06/14/2019
We look forward to strengthening our working relations
06/14/2019
Sales agents giving false information regarding policy coverage, guaranteed interest rates or regulations on premium payments made up the majority of non-claims-related cases, it said.
06/14/2019
It had provided the documented annual reviews from January 2014 to March 2018 to required clients and is expecting to complete remediation by mid-July for 1410 instances where annual reviews were not found to have been provided.
06/14/2019
The new directions will force AMP Super to renew and strengthen its board.
06/14/2019
The collaboration will involve MAS and the UK financial authorities identifying effective ways to share information and exploring potential for staff exchanges.
06/14/2019
The joint venture will make use of blockchain technology to develop a platform for exchanging securities and other rights.
06/14/2019
With the new licences, the New York-listed Chinese wealth manager will be able to give financial advice to high net worth individuals and family offices in Canada.
06/13/2019
The fifth edition of the event is expected to host 1,000 leading regional and global names from a multitude of industries, who will be deliberating on the future of FDI behaviour worldwide.
06/13/2019
As expected, defence budget has been retained at Rs1.15 trillion.
06/13/2019
The suspension comes days after the Financial Services Agency fined the firm 133 million yen (S$1.67 million) and ordered it to improve internal controls for failing to detect instances of manipulation of the Japanese government bond market.
06/13/2019
The world’s second largest asset manager has set up a financial services joint venture with Alibaba affiliate Ant Financial, according to public records.
06/13/2019
Beginning civil penalty proceedings in the Federal Court yesterday, ASIC alleged The SMSF Club advised clients to set up SMSFs and then use the SMSF to purchase property marketed by Positive RealEstate, a firm The SMSF Club held a referral agreement with.