07/18/2017
Malaysian regulator develops SRI framework for funds
The internationally benchmarked FTSE4Good Bursa Malaysia Index currently has 43 constituents, up from 24 initially.
Legal, Regulation & Compliance
07/18/2017
China is said to tell banks to lower returns on wealth products
The requirement applies to on-balance sheet wealth-management products, known as WMPs, according to one of the people.
07/18/2017
Australia’s banks face tougher capital requirements
Shares rise as banks assure they can meet 2020 deadline without raising fresh funds
07/17/2017
AFL keeps sponsors in loop as sex scandal details go public
Among the other top-tier corporate partners is National Australia Bank, whose 15-year partnership with the AFL continued in 2016 with NAB becoming the naming right’s partner of the AFL Women’s competition. Others include Gatorade, and Coca-Col
07/17/2017
Singapore company linked to N. Korea luxury goods trade: investigation
NK Pro report links OCN (S) Pte Ltd with secret high-end stores in Pyongyang
07/16/2017
China central bank told by Xi to play bigger role in managing financial risk
President Xi calls for greater accountability for regulators
07/16/2017
Singapore regulators apply 'sandbox' to support local fintech start-up
Monetary authority suspends rules to allow PolicyPal to grow
07/16/2017
Arresting the painful decline of Hong Kong’s financial centre status
Signs that Hong Kong’s financial sector is in desperate need for reform have been there for a while.
07/14/2017
APRA could get powers to fire bankers without court process
The regime will give APRA stronger powers to remove directors and executives from the institutions it regulates.
07/14/2017
Ten Taiwanese foreign managers apply for offshore fund incentive scheme
The incentive scheme is reviewed on an annual basis and fund managers can only qualify for a 12-month inclusion period to the scheme on applying.
07/14/2017
BSP allows trust entities more leeway in fund management
The revised policy is consistent with the thrust of the BSP to adopt a differentiated regulatory approach based on the major business activities and investment mandate of trust entities particularly trust, advisory, advisory with execution, and execution
07/14/2017
BSP allows trust entities more leeway in fund management
The revised policy is consistent with the thrust of the BSP to adopt a differentiated regulatory approach based on the major business activities and investment mandate of trust entities particularly trust, advisory, advisory with execution, and execution
07/13/2017
ENSafrica recognised as a leading international firm for India-related work
The announcement was made in an intelligence report titled “Global Stars”, which was published in a recently released edition of the India Business Law Journal.
07/13/2017
Introducing Singapore’s new draft Cybersecurity Bill
The intention behind the draft Cybersecurity Bill is to have a coordinated national approach to cybersecurity, and ensure that CIIs across all sectors are protected consistently.
07/13/2017
Legal Pros Prepare For Tech Disruption
Technology is revolutionising the practice of law through machine learning and automation.
07/12/2017
Bank of Thailand and Monetary Authority of Singapore sign FinTech Cooperation Agreement
Since 2016, MAS has signed FinTech cooperation agreements with the IFC and ASBA and regulators from UK, Australia, Switzerland, South Korea, France, Japan and Denmark.
07/12/2017
CRS remains the hot topic for Chinese private client sector
“Guernsey has always been at the forefront of adopting and implementing international legislation, and CRS is no exception,” said Miss Clouston.
07/12/2017
Bloggers are Japan regulator's new weapon in fund fight
But that is less likely to happen so long as investors receive poor service and low returns from fund managers. Read more: http://www.dailymail.co.uk/wires/reuters/article-4687296/Bloggers-Japan-regulators-new-weapon-fund-fight.html#ixzz4mawygr4D Follow
07/12/2017
Banks drafting submissions for Productivity Commission on competition
The commission is expecting to receive submissions from not only industry groups but institutions themselves, including smaller players.
07/12/2017
Hong Kong and France strike deal on mutual recognition of funds
Hong Kong's Securities and Futures Commission and France's Autorité des Marchés Financiers have signed a memorandum of understanding linking their mutual fund markets.