09/05/2018
APRA said it will delve further into tax refunds paid to a related party thanks to the Suncorp Portfolio Services Limited (SPSL) case study - which may not be consistent with the requirements of Prudential Standard SPS 231 Outsourcing.
09/05/2018
In April, SEBI had asked Category 2 and 3 FPIs to provide a list of their beneficial owner in a prescribed format within six months.
09/04/2018
LGS currently manages over A$11 billion of assets for some 90,000 members of the pension fund.
09/04/2018
UBS’s launch may bolster the foreign-exchange trading infrastructure in Singapore
09/04/2018
What’s more, in a further abuse of good governance practices, Liu holds the chairman’s seat as well as serving as CEO.
09/04/2018
Sebi had in April asked Category II and III FPIs to provide list of their beneficial owner (BO) in a prescribed format within six months
09/03/2018
According to the committee’s report, the FIA has significant details about the properties held by Pakistanis in Dubai and the committee aims to work on bringing back those assets.
09/03/2018
CBA denied a range of legal breaches relating to its super business Colonial First State, including that it had potentially criminally violated the Corporations Act for tardy breach reporting.
09/03/2018
The report says the financial outlook will also be shaped by China’s ability to manage risks relating to high indebtedness and leverage in its banking, shadow banking and wealth management industries.
09/02/2018
A document addressing the implementation of best practices is also available for each jurisdiction that opted to have such best practices assessed.
08/31/2018
This warrants a prohibition order of considerable duration to protect consumers, deter similar misconduct and preserve the integrity of our markets.
08/31/2018
The case hinges on a series of related-party loans and share transfers undertaken in 2002 as rich-lister Watson formally left New Zealand - a step intended to sever his taxable ties to the country of his birth - to reside in London.
08/31/2018
Some victims were also tricked into providing the information over the phone to people impersonating employees from the bank.
08/30/2018
As the sole supplier of land in the city, the government should be “more aggressive” in ensuring more supply to ease property woes, he says.
08/30/2018
The Agreement reflects the commitment of both authorities to support the continuous development of FinTech and innovation to deliver new and enhanced financial services to manage risks better, reduce costs, and increase efficiency.
08/30/2018
Authorities in unnamed country help seize FX Group chairman wanted over defaults
08/29/2018
The prime minister has declared retrieval of the hidden offshore assets as his topmost priority and promised to bring back the wealth stashed in overseas banks.
08/28/2018
Company still faces many challenges
08/28/2018
The company also has to strengthen risk controls and sales management and protect investor interest to comply with regulatory requirements, CSRC adds.
08/28/2018
Based on two weeks of case studies, Hodge doubted neither the approach of APRA or ASIC to regulate superannuation entities is sufficient to achieve specific or general deterrence of misconduct.