04/24/2018
Steele found employees thought such behaviour was "common practice and acceptable," both at NAB and at non-NAB licensees, and that they did not understand the serious of these actions.
04/24/2018
The central bank announced on Monday the issuance of BI Regulation No. 20/2018 on monetary operation, which has been effective since April 16
04/23/2018
Andrew Smith was one a number of advisers who came under heavy scrutiny during hearings last week dealing with poor financial advice
04/23/2018
The behaviour of AMP exposed by the Commission shows that it had no fear of ASIC. Clients were ripped off and processes continued to exist that directly contravened years old legislation.
04/23/2018
Chinese mutual fund managers cut the value of the stock in their portfolios by 20-30 percent in a spate of announcements over the weekend, a blow to ZTE that suspended trading in its mainland and Hong Kong shares on April 17.
04/23/2018
Against this backdrop, companies contemplating cross-border M&A must be aware of foreign investment review regimes and plan accordingly.
04/22/2018
The directive specifically demands the SBV direct all banks, credit institutions, payment intermediaries to forbid the support of transactions and activities related to cryptocurrency and to report suspicious activities.
04/19/2018
The commission works alongside the Communist Party’s Central Commission for Discipline Inspection, which has punished more than one million officials since 2012.
04/18/2018
The CCDI did not elaborate and Huarong Asset Management was not immediately available for comment.
04/18/2018
Qatar issued $12bn of bonds last week
04/18/2018
Separately, ASIC also noted that a former AMP-aligned adviser, Trevor Martin, was charged with 21 counts of dishonestly obtaining client funds.
04/18/2018
Also found guilty was Castagna’s cousin Robert Agius, a former accountant in the tax haven of Vanuatu, who conspired with Castagna to conceal the money.
04/18/2018
In further testimony to the so-called Royal Commission on Wednesday, AMP executives admitted that it had charged users of online platforms for advice fees despite not receiving the permission required by law.
04/17/2018
Sources and officials privy to the development said that hundreds of Pakistani businessmen faced threats of investigations into their real estate assets in the UAE.
04/17/2018
Hodge questioned whether Regan had considered it "ordinary" that the supposedly independent Clayton Utz report would necessitate regular exchanging of drafts and comments with AMP.
04/17/2018
In mid-2016, the ED had asked Dubai to expedite its response to India's letters rogatory (LR) relating to Mehta's Winsome group.
04/17/2018
While the court acknowledged Falcon’s severe due diligence violations, the ruling can still be appealed at the Federal Court.
04/17/2018
As a key element in Malaysia’s offering in Islamic financial services, Labuan IBFC’s leadership in Islamic finance is entrenched, and as home to the world’s first Sukuk, the jurisdiction continues to innovate in the space of Islamic fina
04/17/2018
“I think there are reasons to be concerned. I think they show a culture that’s not as robust as it should be.”
04/16/2018
AMP made a series of acknowledgements of possible contraventions of the Corporations Act and the ASIC Act in relation to fees for no service.