03/08/2018
Foreign insurers are required to cut their stakes in their local units to 30% to abide by a directive announced by Malaysia's central bank last year, under an initiative to lift domestic participation in the industry.
03/08/2018
The recent mass recruitment of representatives by FA firms from competitors was accompanied by sizeable sign-on incentives.
03/07/2018
The complaint targeting the 2013 picture, directed by Martin Scorsese, is among more than two dozen forfeiture lawsuits filed by the U.S. against $1.7 billion assets that were allegedly acquired with money stolen from 1Malaysia Development Bhd.
03/07/2018
Nearly two percent of China’s GDP may have been lost to capital flight in the first three quarters of 2017
03/06/2018
Ironically, this regulation comes at a time when mobile wallets reported a 14% growth in January transactions at 113.6 million compared to 99 million in December 2017.
03/06/2018
A former judge investigating the industry rejected its application.
03/06/2018
Corporate debt to be reined in to contain financial risk
03/06/2018
Finance Minister Heng Swee Keat said in his budget speech that the measure makes Singapore’s tax system more progressive, fair and resilient.
03/06/2018
The Fund, structured as a Cayman Islands master feeder fund structure and registered with CIMA, is credited with being one of the few institutional quality cryptocurrency funds at the time of its launch.
03/06/2018
OneSumX IFRS 9 is a comprehensive and modular solution which provides the financial industry with a solid framework to capture and store all relevant contractual information
03/06/2018
Big four lenders started losing market share to smaller lenders and regulation-lite non-bank financial institutions when they slammed on the brakes to meet Australian Prudential Regulation Authority's 30 per cent cap on interest-only loans.
03/05/2018
ASIC said Khan did not ensure his client had obtained independent advice with regards to the "loan" or the "gift" and the money was largely spent on personal expenses.
03/05/2018
The surge was largely attributed to the spike in interest income as banks moved fast in raising interest rates amid expectations of increases in the key rate.
03/05/2018
Central bank governor Haruhiko Kuroda on Friday rattled markets by flagging for the first time the prospect of an exit from accommodative policy if his inflation target was met, sending the yen higher and bond prices lower.
03/04/2018
The move by the Securities and Exchange Commission of Pakistan marks the first time a regulator
03/04/2018
Bear market in bonds adds to woes as banks withdraw funds
03/02/2018
The case is related to a state-owned farm in the Free State leased to Gupta-linked company Estina (Pty) Ltd. in 2012.
03/02/2018
According to Kennedy Uzoka, the Pan African Bank’s managing director and CEO, the deal is also expected to catalyse Africa’s commercial and industrial development.
03/01/2018
Based on average wages, RegTech could reduce labor costs by as much as 50 percent
03/01/2018
While working for these companies, Mr Connor also traded under the name Glenn Connor Financial Planning.