02/14/2018
Monetary Authority of Singapore publishes guidelines to protect users of electronic payments
Financial institutions will be expected to set clear resolution processes for unauthorised or erroneous payment transactions.
Legal, Regulation & Compliance
02/14/2018
Hong Kong authorities raid company connected to Convoy
The warrant was carried out in accordance with the “Prevention of Bribery Ordinance”, which prohibits the offering of a bribe to employees of the company, and the use of false documents by an agent to deceive his “principal”.
02/14/2018
NZ Big Law Firm’s Serious Sexual Harassment Allegations in #MeToo Sex Storm
The Police have reportedly kept an “open file” on the matter and LawFuel believes that the allegations against at least one former member of the firm is of a very serious nature
02/13/2018
Royal commission: opening salvo puts big banks on notice
The financial system will achieve this goal if it operates in a manner that is efficient, resilient and just.
02/13/2018
ICO regulation in Asia
There are three types of tokens and depending on which is used by the project company, they will be regulated differently.
02/13/2018
PRIMER: ICO regulation in Asia
There are three types of tokens and depending on which is used by the project company, they will be regulated differently.
02/12/2018
Thai central bank bans banks from cryptocurrencies
Banks are prohibited from investing or trading in cryptocurrency, offering cryptocurrency exchanges and creating platforms for cryptocurrency trading.
02/12/2018
WisdomTree teams up with Premia in Asia Pacific region
WisdomTree’s global expansion is a critical part of our growth strategy, and this new relationship complements our existing business in Japan.
02/11/2018
Australia's big banks focus on job cuts as inquiry looms
But the strategic change will come at a cost for the banks.
02/10/2018
Chinese conglomerate HNA reduces stake in Deutsche Bank
A spokesperson for the Vienna-based financial investor C Quadrat, which manages HNA's holdings of Deutsche bank, emphasized that the group would remain a "long-term major shareholder of Deutsche Bank."
02/09/2018
AAT issues stay on Poidevin appeal to ASIC ban
The regulator banned Poidevin over his involvement in the trading of DirectMoney shares between 14 July 2015 and 23 July 2015.
02/09/2018
Hong Kong regulator warns on cryptocurrency risks; takes action against exchanges and ICO issuers
Most of these cryptocurrency exchanges either confirmed that they did not provide trading services for such cryptocurrencies or took immediate rectification measures, including removing relevant cryptocurrencies from their platforms.
02/08/2018
ANZ shuts Laos retail products, services in Asia strategy push
Last day for ANZ’s Laos retail products, services is March 30
02/08/2018
Japan's top reflationist sees his central banking career as over
Deflation proves a tougher foe than deputy governor anticipated
02/08/2018
China's private funds face employee exodus, business scramble as rules bite
The result, according to employees, head-hunters and analysts, was a rush for the exits.
02/07/2018
Compliance in the new era of regulatory proliferation
There are clearly immense challenges to integrating these new – or revamped - global regulations into the wealth management businesses.
02/07/2018
Australia gives regulator sweeping powers over bank bosses' pay
The series of scandals has cost Australian banks, among the most profitable in the world, hundreds of millions of dollars in fines
02/07/2018
Monetary Authority of Singapore introduces new guidance for remote customer onboarding
MAS requires FIs operating in Singapore to implement robust controls when onboarding new customers
02/07/2018
Tharman: No strong case yet to ban cryptocurrency trading in Singapore
DPM says it is too early to tell if cryptocurrencies will succeed, but MAS studying potential risks
02/07/2018
Warning Credit Suisse and Nomura could face mis-selling claims on short volatility funds
Access to non-sophisticated investors