08/12/2018
Vietnam has so far licensed around 10 wholly-foreign-owned banks, such as HSBC Vietnam, Standard Chartered Vietnam, Hong Leong Vietnam, CIMB Vietnam, according to the State Bank of Vietnam, the country’s central bank.
08/12/2018
A Red Notice is not an arrest warrant, but a means of communicating information between international police forces.
08/12/2018
Brokers and sub-brokers should not accept cash from the client for the purchase of securities and/or give cash against the sale of securities to the clients.
08/10/2018
Paul Toepfer, Managing Director, Product Management APAC
08/10/2018
The regulator asked companies to trace policyholders or beneficiaries and return the money.
08/10/2018
As part of the consultation, the group is seeking views on the mission statement for the GFIN, its proposed functions, and where it should prioritise activity.
08/10/2018
A three-judge panel at the Court of Final Appeal did not grant Jutting leav
08/10/2018
Ministers savage fraud detection software founder.
08/08/2018
One of the salient issues that most blockchain and crypto based companies face is not knowing how the jurisdiction they are domiciled in will regulate digital assets and not knowing how they will be governed.
08/08/2018
It will also create a framework for co-operation between financial services regulators on innovation related topics, sharing different experiences and approaches.
08/07/2018
The “use of the term ‘advice’ should be limited to effort that is undertaken on a client’s behalf by a professional adviser,” the 686-page document said.
08/07/2018
The Financial Stability and Development Committee, headed by Vice-Premier Liu He, emphasised last week that that it will continue to crack down on wrongdoing and illegal financial institutions.
08/07/2018
The Singapore Exchange had also said it would amend listing rules to reflect the recommendations.
08/07/2018
Voluntary set of ‘good practice’ guidelines also issued in response to criticism from watchdog over lax rules in sector
08/07/2018
The decision enables the bank to avoid the increased infrastructure costs often associated with the introduction of a new regulatory requirement.
08/07/2018
In a terse statement, the FBR chairperson Ruksana Yasmeen on Monday said the FBR has started action against those who owned immovable properties in the UK.
08/06/2018
The super yacht is said to be in waters off Batam, near Singapore
08/06/2018
The bank’s Hong Kong CEO says the new operation would be run separately, but that traditional banking and branches still have a role to play
08/06/2018
Account-holders and industry groups said in their submissions that fees were not properly disclosed or were charged for services that were not rendered, such as financial advice, the inquiry heard.
08/06/2018
It is the latest in a series of major banking trials aimed at cleaning up a sector plagued by bad debts, corruption and nepotism