08/17/2017
No immediate parliamentary grilling planned for Australia's CBA chief
The committee said Narev will appear before it on Oct. 20 as part of a regular set of hearings that the heads of Australia's "Big Four" banks
Legal, Regulation & Compliance
08/17/2017
Aussie Laundering in Hong Kong?
The Sydney-based bank has maintained that an algorithm is to blame for the lapse.
08/17/2017
MAS slaps two prohibition orders on former OCBC trader
MAS expects all finance professionals to act honestly and with integrity.
08/17/2017
Growth, inflation to trend higher in next 6-12 months
Most MPC members voted for a rate cut in August owing to low inflation momentum and signs of weaker growth.
08/17/2017
China's Anbang Hits a Wall in South Korea
Anbang is among a handful of big private conglomerates Chinese regulators have targeted over their overseas acquisitions.
08/17/2017
Captive insurance industry at turning point, says Bank Negara governor
Prudential and market conduct regulations intended for the protection of the general public were applied equally to traditional and captive insurers.
08/17/2017
Appleby Mauritius advises on the issue of USD 500m 5.50% Senior Notes to be listed on the Singapore Exchange Securities Trading Limited
Azure Global holds the whole structure of the Azure Group.
08/16/2017
Hong Kong under the spotlight in Australian money laundering case
Case filed against Commonwealth Bank of Australia claims laundered cash was transferred to Hong Kong accounts and that three arrests have already been made in the city
08/14/2017
China asset managers reactivate QDII products to meet demand
The ensuing quota drought resulted in a number of QDII funds.
08/13/2017
PBOC to boost coordinated oversight of key financial firms
The report is mainly a review of monetary policy conducted in the second quarter.
08/13/2017
Reserve Bank raises money-laundering questions over ATMs
It is up to individual banks to decide how much money they will allow to be deposited via their ATMs.
08/13/2017
Chinese accountants see rising demand for ‘green’ certification work in wake of food scandals
Another driving force behind the trend is the issuance of green bonds.
08/12/2017
Legal action against Australian bank could affect NZ
It could put more pressure on local banks and other companies to address the risks of climate change to their business.
08/12/2017
United Bank of India slips into red with Rs 211 crore net loss in Q1
It stood at Rs 12,164.90 crore against Rs 10,116.13 crore during the two periods compared.
08/11/2017
Taiwan:Regulator urged to act boldly to promote insurance access
The Amcham Taipei Insurance Committee says that its main theme is the need for increased insurance protection for individuals and families in Taiwan.
08/11/2017
HK Banks better regulated
Meanwhile, OCBC Wing Hang Bank reportedly plans to expand its presence in the Greater Bay Area
08/10/2017
MAS, CAD warn about investment schemes based on digital coins and tokens
The CAD and the MAS advise consumers to be mindful of potential risks of digital token and virtual currency-related investment schemes.
08/09/2017
SEBI bans trading on 331 'shell' cos
The government has been taking on shell companies suspecting irregular transactions after a ban on high-value currency bills late last year
08/08/2017
MAS Takes Heat for Noble Crisis
MAS is now being panned for its slow, hesitant handling of a Singapore commodities firm which is sinking, in the words of a critic.
08/08/2017
High-Profile Spanish Money Laundering Investigation of Chinese Bank Raises Questions About Future of Similar U.S. Enforcement - Ballard Spahr
In the nearly 18 months following that raid and the numerous arrests made at that time, very little information about this money laundering investigation became known publically.