01/10/2018
HSBC launches Aussie dollar liquidity fund
HSBC Global Asset Management has launched a new Australian Dollar Liquidity Fund designed to compete with bank deposits as Basel III begins to take hold.
Legal, Regulation & Compliance
01/10/2018
Swiss never verified $200b ‘stashed in Pakistanis accounts’
The minister of state informed the committee that Pakistan and Switzerland had signed an agreement on avoidance of double taxation in March 2017.
01/10/2018
United Overseas Bank to issue 500 mln euro worth bonds due 2025
The bonds will be issued at an issue price of 99.412 percent of the principal amount.
01/09/2018
Hedge Funds' Indian Revenge, by Way of Singapore
The city-state may soon offer dollar-denominated derivatives on Indian stocks tracked by MSCI.
01/08/2018
Businessman Saiful evading ACC summonses for quizzing in AB Bank money-laundering probe
An AB Bank customer, businessman Saiful Haque, has not responded to the Anti-Corruption Commission summons twice for interrogation on charges of money laundering.
01/08/2018
Anti-Corruption Commission quizzes six AB Bank directors, calls chairman Monday
Bank director BB Saha Roy has been asked to appear before the ACC along with the chairman on Monday.
01/08/2018
Superannuation funds accused of masking portfolio risks
The problem arises because for the most part super funds use their own judgment when it comes to classifying their investments as "growth", or more risky, or "defensive", or more stable.
01/08/2018
Indonesia’s Roosdiono, Kandar & Partners in merger
Established in 2013, Kandar & Partners specialises in banking and finance, energy, general corporate and foreign investments, M&A, natural resources and infrastructure.
01/08/2018
Financial service firms must join information system: OJK
Peer-to-peer (P2P) lenders, microfinance institutions and credit unions are exempt from the mandatory requirement.
01/08/2018
ACCC's criminal cartel cases seek jail time, big fines from companies
Under the criminal cartel laws, executives can face jail terms of up to 10 years if found guilty and company fines of up to 10 per cent of their turnover or three times the profit gained.
01/04/2018
MAS Chief Wins More Plaudits
Singapore's was among the first regulators to set up a fintech group to evaluate technology’s risks and benefits.
01/04/2018
Bank Leumi and Chinese Banking giant ink deal
The Chinese market is undergoing major changes
01/04/2018
China tightens bond trading rules in deleveraging campaign
China is escalating a campaign to reduce excessive leverage in the banking system that threatens financial stability.
01/03/2018
2018 set to bring more opening
Services key for overseas investors: experts
01/03/2018
China Is About To Impose Stiff Regulations On Bitcoin Mining
To many this was an implicit warning that China is preparing to clamp down on, and regulate, bitcoin mining in China.
01/03/2018
How Mifid II will impact Asian asset management
Mifid II is an update to the initlal set of regulations launched by the European Securities and Markets Authority in 2007.
01/01/2018
India Made A Decision To Start Its Onslaught Against Bitcoins
Broadening its investigation into Bitcoin trade and investments, the IT (Income Tax) department is ready to release notices to 4–5 Lakh HNI (high networth individuals) all over the nation
01/01/2018
OJK Urges Indonesia's Sharia Banks to Become More Selective
In September 2017 the NPL touched its lowest level at 4.41 percent.
12/31/2017
Crowdfunding platform gets MAS licence, eyes investors
With the licence, FundTier will be able to reach out to investors who typically deal with traditional banking products such as unit trusts and forex
12/28/2017
Bankers Pledge Better Behavior
The new code means we are making banking easier, by making changes to processes, providing customers with more info and introducing higher standards for how banks serve their customers.