11/02/2017
Westpac’s silk covers rough terrain
Any cash would be invested in liquid assets
Legal, Regulation & Compliance
11/02/2017
Harneys acts for Guangzhou R&F Properties Co. Ltd in US$800 million offering of Senior Notes
The listing was one of the largest debt listings on the Cayman Islands Stock Exchange this year and was obtained in a short timeframe.
11/02/2017
ARCA welcomes government's timetable for comprehensive credit reporting
To enable the mandatory regime, the Government has also announced that it will rely on the industry led and administered framework for the sharing of data.
11/02/2017
Court slaps higher penalties on couple for unauthorised trading
(MAS) Has Successfully Obtained Higher Civil Penalties Against Mr Wang Boon Heng (Wang) And Ms Foo Jee Chin (Foo) For Contravening section 201(b) Of The Securities And Futures Act (SFA)
11/02/2017
Investor Walks Over Abusing Clients' Money
Investment Adviser Who Used $1.59 Million Of His Clients
11/02/2017
1MDB saga: Singapore Issues Prohibition Orders Against Two Individuals
MAS Has Issued Prohibition Orders POs Against Two Individuals For Activities Related To The Ongoing 1MDB Saga
11/02/2017
Billionaire Accused Of Treating Assistant As Sex Slave Slapped With Slander Suit
The Chinese Billionaire Accused Of Treating His Personal Assistant As A Sex Slave
11/02/2017
Indian banks need reform, not just recapitalization
Government financial package will fail without further action
11/01/2017
AllianceBernstein slashes retail fees
Driscoll described AB as a global leader in the conversation about changing fee models in active management
11/01/2017
Swiss Banker Loses Appeal
The POs issued have ranged from six years to lifetime professional bans.
11/01/2017
Swiss Banker Loses Appeal
MAS made clear it will take a tough line on banker integrity and proper conduct.
10/31/2017
S&P hit with historic court decision
SPB is also pursuing similar class actions concerning SCDOs issued by Lehman Brothers Australia, ANZ and Oakvale Capital.
10/31/2017
Singapore Court Imposes Bigger Penalties in Share-Trading Case
Regulator Sees Policy Need To Deter Unauthorized Stock Trades
10/31/2017
BlackRock CEO Larry Fink on housing, banks and investing
But only in the context of what is best for the long-term interests of all shareholders.
10/31/2017
World-leading Australian RegTech Companies Named on the RegTech 100 list
Some of the most exciting companies on the list include CXi Software based in Melbourne.
10/30/2017
Marsh faces formal complaint over Asian operation
The lnsurance Commission has the authority to hear and decide cases for violation of the Philippines’ insurance code and impose penalties if warranted.
10/30/2017
Indonesia May Lift Curbs on JPMorgan's Government Business
President Joko Widodo’s government stopped doing business with the largest U.S. bank after it downgraded the Southeast Asian nation’s equities by two notches
10/30/2017
Philippines Boosts Liquidity Risk-Management Rules for Banks
Banks will be given until Sept. 1, 2018, to develop or revise their policies and procedures in line with the new guidelines.
10/27/2017
Regulator Updates Funds Management Rules
The guidance that has been updated covers topics including establishing and registering a fund, fund constitutions, compliance and oversight, asset holding, discretionary powers, and foreign passport fund powers.
10/27/2017
Former NAB adviser sentenced for forging documents
As the matter was heard summarily, the maximum sentence available for each offence was two years imprisonment.