10/10/2018
Deputy chief executive warns it will not hesitate in taking stiff enforcement action against perpetrators as well as the firms and individuals who participate in such arrangements
10/10/2018
The practice of charging dead customers and the scale of the fees-for-no-service rort was revealed during the royal commission's April hearings on financial advice.
10/10/2018
The move wouldn't entirely surprise, given that wealth managers have increasingly separated themselves from trust arms for governance reasons in recent years.
10/10/2018
Mehra didn't compare the features and costs of any existing insurance recommended to clients and base his judgements on the clients' relevant circumstances, ASIC said.
10/10/2018
The institute also pointed out the bill is still waiting to be discussed and approved by the Legislative Assembly
10/09/2018
Looking at GDP growth of the Asean-5 — Indonesia, Malaysia and Philippines have been experiencing fairly high and stable growth.
10/09/2018
According to the agreement, both banks will establish “mutual cooperation for maintaining and increasing corporate customer base,” among others.
10/09/2018
The transfers were made purportedly to settle trades conducted in the securities accounts in the name of Lok’s niece and nephew-in-law when in fact the trades were Lok’s own trades.
10/09/2018
MAS says that past finalists at the Global FinTech Hackcelerator and the FinTech Awards have benefitted from the exposure and connections made as a result of their participation.
10/09/2018
Speech by Megan Butler, Executive Director of Supervision - Investment, Wholesale and Specialists at the FCA, delivered at The Pan Asian Regulatory Summit 2018, Hong Kong.
10/09/2018
Business is particularly strong in litigation, corporate and finance work, he said, while funds business is “bubbling up steadily”.
10/09/2018
Allegations of allowing customers to violate Iran sanctions said to date from at least five years ago
10/09/2018
This is on the condition that they put in place measures to mitigate the risks of providing unsuitable investment recommendations due to limited client information.
10/08/2018
ANZ said the bulk relates to customer compensation for "issues arising from product reviews" and "customers receiving inappropriate advice or for services not provided".
10/08/2018
The move, an attempt to lessen the impact of US tariffs, should not result in pressure being placed on the yuan, the People’s Bank of China said
10/08/2018
The MoU also establishes a framework for exchange of information, regular dialogue as well as regulatory cooperation in relation to the cross-border offering of eligible Hong Kong public funds and United Kingdom retail funds.
10/08/2018
This conduct was the subject of the first case study before the Financial Services Royal Commission.
10/08/2018
Breaches can incur fines of up to NZ$100,000
10/07/2018
New Shariah-compliant index launched to provide benchmark for Shariah-compliant funds looking to invest in Singapore
10/07/2018
In order to be eligible, investors need to be nominated by state governments and must show a "genuine and realistic commitment" to residing in that state.