02/26/2018
The revised framework, which incorporates feedback from extensive industry consultations, seeks to promote more cross-border offerings of ASEAN funds and allow fund managers to offer a broader range of fund products to investors in the region, according
02/26/2018
This is the first time that a Korean asset management has formed a legal entity in Vietnam instead of opening a branch to acquire stake in local companies.
02/26/2018
This mostly happens with cryptocurrencies or with Alipay, the Chinese equivalent of Paypal.
02/26/2018
The Chinese government had 2 major problems with the way Anbang was going about its business.
02/25/2018
The number of tax havens has also grown with the growth of financial liberalisation and generation of wealth abroad.
02/25/2018
The average RM at Credit Suisse in APAC now manages CHF333m in assets, compared with CHF260m in 2016 – a rise of about 28%.
02/25/2018
Laws, which are now decades old and were introduced to tackle organized crime, are resulting in competitive gaming in Japan being treated in equal terms to poker, and is all but entirely illegal, especially if cash prizes are involved.
02/24/2018
The central bank has also asked lenders to review, amend and add internal regulations to ensure that they fully comply with rules on deposit, and saving transactions.
02/23/2018
The operation of the underlying business and the assets are in Hong Kong and the People’s Republic of China (“PRC”).
02/23/2018
Ogier Global provides trustee services to Cayman Islands unit trust structures, being the vehicle of choice for Japanese investors.
02/22/2018
India has been gripped by the scandal involving billionaire jewellers and state-run institutions
02/22/2018
StanChart said the move will not affect the level of service its clients currently receive, and will work to minimise any impact on accounts and dealings
02/21/2018
The Advice Compliance Project identified "high-risk advisers" who engaged in non-compliant conduct between 1 January 2009 and 30 June 2015.
02/21/2018
The branch is at the center of the alleged fraud involving firms tied to diamond merchants Nirav Modi
02/20/2018
More are expected to come online – at a higher rate than in 2017 – during the busy post-Chinese New Year hiring period, says a Hong Kong-based headhunter.
02/20/2018
The opportunity arose after the sudden exit of former CEO Walter Berchtold as well as that of top executive Arthur Vayloyan.
02/20/2018
GSIS president and general manager Jesus Clint O. Aranas had said they were eyeing to raise to 15 percent the share of foreign investments to total assets from 10 percent at present in order to diversify revenue sources.
02/19/2018
Wealth firm director ordered to pay $400,000
Director excluded from financial services industry for five years and agrees to pay $400,000 to financial literacy fund
02/19/2018
Nirav Modi is one of India's richest people, with a personal wealth of $1.75bn, according to Forbes.
02/19/2018
Senior bank officials said the regulator is “watching the unravelling of the scam closely