11/12/2018
The government had formed a committee to look into the complaints made by an Indian firm where they argued that the foreign firms were apparently flouting norms and gaining an undue advantage.
11/12/2018
The penalty is far less than the combined A$125mn that NAB, ANZ and CBA paid to settle their own BBSW cases with ASIC out of court.
11/12/2018
Overturning the rulings by the MMT and the Court of Appeal on the applicability of the defence, the CFA held that Mr Yiu and Ms Wong could not rely on the defence as they sold their ATML shares taking advantage of their knowledge that the prices were sign
11/12/2018
The five countries currently participating in the scheme are Australia, Japan, South Korea, New Zealand and Thailand.
11/11/2018
This client alert describes the new regime and the action that should be taken by managers and distributors of virtual asset funds in Hong Kong.
11/09/2018
The plight of regional banks has become a headache for the BOJ, which is drawing criticism for hurting financial institutions' profits by keeping interest rates virtually at zero for years.
11/09/2018
But the bank inflated the assets of the would-be owners when processing their loan applications.
11/09/2018
Huarong officials didn't reply to an e-mail seeking comment, and the China Banking and Insurance Regulatory Commission also didn't immediately respond to a fax seeking comment.
11/09/2018
The alliance between the four entities will focus on exploring the use of ConsenSys’ decentralized applications (DApps) to develop new financial products and services, with Nippon Wealth spearheading a study of blockchain infrastructure and protocol
11/09/2018
The proposals also provide for the list of permitted circumstances for share repurchases to be expanded in the future where specified in new laws and regulations.
11/09/2018
The awards also support the Women’s Foundation with all proceeds raised going towards improving the lives of women and girls in Hong Kong.
11/09/2018
The impact on Nomura Holdings’ consolidated performance is expected to be minimal.
11/09/2018
The banking regulator is seeking feedback on a proposal to increase the Total Capital requirement for Australia’s D-SIBs by 4-5% of risk-weighted assets by 2023.
11/09/2018
Australia has been re-rated on 7 of the 40 FATF Recommendations, reflecting the country’s progress to strengthen AML/CFT measures since its 2015 mutual evaluation.
11/09/2018
Without the ability to enforce the law ASIC sees the current law as a dead letter.
11/09/2018
In reasons for making the pecuniary penalty order, Justice Beach noted the legislative constraint he had in imposing the order,
11/09/2018
AGM has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision.
11/08/2018
Lai Xiaomin’s downfall comes as Beijing cracks down on ‘bad banks’
11/08/2018
The extraordinary list of misdeeds in the banking industry was produced to guide the scope of inquiry's investigations and was provided to the commission earlier this year.
11/08/2018
The remarks contrast with those of BOJ Governor Haruhiko Kuroda, who said on Monday that higher yields would hurt financial institutions by cooling the economy.