07/04/2017
Insurers eye impact of accounting and tech changes
At an event focusing on the changing investment environment for insurance firms in Asia, industry experts discussed accounting and technology developments.
Legal, Regulation & Compliance
07/04/2017
'Regulator's dilemma' as interest-only mortgage returns hit 42 per cent
The finding comes as the market keenly awaits an update from the Australian Prudential Regulation Authority (APRA) in the coming weeks.
07/03/2017
Fastest-growing law firm brand in Asia Pacific named
She paid tribute to the firm’s people for their hard work in the region.
07/03/2017
ED to approach six countries for details on Vijay Mallya’s properties
The agency alleged that Mallya owns several properties in the UAE and the US and has also incorporated several companies in the US, where the funds also have been suspected to have been diverted.
07/02/2017
Jho Low mulled buying Barbados bank to stow money
Wall Street Journal says leaked email describes how Low wanted to purchase bank in the Caribbean Island as a 'parking spot' for his own funds as well as friends and family.
07/01/2017
China’s M&A scrutiny to cast shadow on Asia deals volume
M&A is among the few areas where Chinese banks haven’t already gained a strong foothold.
06/30/2017
Chinese billionaire portrayed as criminal and hero at trial
"Mr. Ng acted in good faith at all times," Park said.
06/30/2017
Jho Low, Caribbean Citizen?
Low reportedly has one more trick up his sleeve: a Caribbean passport
06/29/2017
Hong Kong’s new insurance regulator takes charge
The IA was established in December 2015 and had been preparing for the takeover of the OCI’s regulatory functions in phases.
06/29/2017
Abolition Of Reverse Discrimination Korean Government to Take Stern Action on Global IT Giants
The targets of the bill include global IT giants as well as their South Korean counterparts like Naver.
06/29/2017
FoFA should also protect retail banking customers: FSU
The stress of it all led him to help expose the bank opening more than two million fraudulent accounts without customers' consent over 15 years.
06/29/2017
Singapore's central bank posts record net profit in year ending March 2017
The Monetary Authority of Singapore (MAS) posted a record 24.3 billion Singapore dollars ($18.6 billion) net profit in the year ended March 2017.
06/29/2017
MAS on 1MDB scandal: 'naming and shaming' a better deterrent than big fines
Monetary Authority of Singapore believes that "naming and shaming" individual offenders in the 1MDB case is a better deterrent than imposing big fines on banks.
06/29/2017
Singapore MAS, Danish FSA sign fintech cooperation deal
MAS and the Danish FSA have also committed to exploring joint innovation projects together, and to share information on emerging market trends and their impact on regulation.
06/28/2017
Keynote Speech by Mr Heng Swee Keat Minister for Finance, Minister for Finance, at the 44th Annual Dinner of The Association of Banks in Singapore, at The Fairmont Ballroom, Raffles City Convention Centre on 27 June 2017
The government will do our best to facilitate and support the industry in making these changes.
06/28/2017
SEBI reviewing equity derivatives rules; wants to deter retail investors in F&O
SEBI is set to come out with a discussion paper on revising regulations for the equity derivatives segment.
06/28/2017
Australia and Malaysia build fintech bridge
Ranjit said that the cooperation agreement is an important milestone for Malaysia’s digital finance sector
06/28/2017
Combining this year's promotions and new lateral talent, the Firm added 139 partners
Nearly 40% or 31 of the new promotions are women; a market-leading number for any law firm.
06/28/2017
Monetary Authority of Singapore and the Danish Financial Supervisory Authority Signs FinTech Agreement
The Monetary Authority of Singapore and the Danish Financial Supervisory Authority today signed a FinTech Co-operation Agreement which aims to help FinTech companies in Singapore and Denmark to expand into each other’s markets.
06/27/2017
Supermodel Kerr hands over $8m in jewellery linked to 1MDB
Australian supermodel Miranda Kerr has handed over $8.1m (£6.4m, €7.2m) worth of jewellery to US authorities that she allegedly received from former boyfriend Jho Low, a person of interest in the 1MDB scandal.