07/09/2018
Citizenship for sale: Millionaire migrant visas boom
Overall, the case for retaining the Significant Investor Visa and Premium Investor Visa streams is weak and the Government should abolish these visas
Legal, Regulation & Compliance
07/09/2018
Why China’s high-income earners dread the new tax law that will come into effect in January
Concerns grow over policies on bonuses and the 45 per cent levy on high-income individuals
07/08/2018
Four Asian Banks Get Clearance To Open Branches in India
RaboBank has, however, received all clearances from the authorities and could soon receive final approval to open its second branch in Gurugram.
07/08/2018
NZ Central Bank Tightens Capital Adequacy Rules to Tackle Risk
All banks must have 'enough skin in the game' to truly focus on enterprise risk management, responsible lending, and the ability to weather all events.
07/08/2018
Goodbody Stockbrokers prepares to unveil Chinese tie-up next week
Roy Barrett to remain at Goodbody helm following takeover worth about €150 million
07/06/2018
Strengthening Trust in the Financial Advisory industry
We have worked with the industry to co-create the key principles to guide the design of a good advisory and sales form, and recently consulted on our proposals.
07/06/2018
MAS reprimands asset firm for poor compliance
MAS expects directors of all financial institutions to carry out their duties and functions effectively at all times.
07/06/2018
ASIC continues clamp-down on 'independent claims'
ASIC will continue to publicly name advisers who do not comply with their obligations under s923A
07/06/2018
UK court allows officers to enter Mallya's estate, ‘take control of goods'
The order comes after Mallya lost a case in the High Court against the registration of the Bengaluru Debt Recovery Tribunal judgement in UK courts.
07/06/2018
Major enlargement of the global network for the automatic exchange of offshore account information as over 100 jurisdictions get ready for exchanges
The network will allow over 100 committed jurisdictions to exchange CRS information in September 2018 under more than 3200 bilateral relationships that are now in place, an increase of over 500 since April of this year.
07/06/2018
Credit Suisse pays U.S. $77 million to settle Asia hiring corruption probes
Credit Suisse was accused of violating the Foreign Corrupt Practices Act by hiring and promoting dozens of people connected with Asian government officials from 2007 to 2013
07/06/2018
Australia regulator cracks whip on CBA, ANZ for pushing pension products
The country’s A$2.6 trillion (RM7.6 trillion) savings pool is the world’s fourth biggest, and companies servicing it face scrutiny in an ongoing powerful misconduct inquiry that has already rocked the financial services sector.
07/05/2018
Thailand's regulator issues rules on digital tokens
Issuers of such tokens can accept baht or cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Ripple and Stellar, the SEC said.
07/05/2018
Yes Bank Gets Final Regulatory Nod To Launch Mutual Fund Business
The bank had already received the approval for the same from the Reserve Bank of India earlier.
07/05/2018
UK Supreme Court Rejects NZ Super Funds Joint Debt Recovery Claim
Separate proceedings have been filed in Portugal against the Bank of Portugal, challenging the validity of its decision not to transfer the Oak Finance loan from BES to Novo Banco.
07/05/2018
Accountant on trial for allegedly pocketing $40m
He faces 50 charges of CBT as an agent, which carries maximum sentence of life in prison
07/05/2018
SEC reveals framework for ICO portals and tokens
ICO portals must be Thailand-based companies with minimum registered capital of 5 million baht.
07/05/2018
Bridgewater gains approval to sell products in China
Bridgewater has around $160 billion under management and has been operating in Shanghai for the past two years
07/05/2018
Africa-China Bilateral Trade Volume Reaches $170 billion per annum
Chen said Africa’s debt to her country is economically sustainable and should be no cause for alarm.
07/03/2018
HQ capital aims for China’s wealth market with joint venture
The new venture aims to exploit both companies networks to generate synergies between China and overseas markets, particularly with Germany in order to offer clients more investment opportunities.