07/27/2017
HKMA to align its rules with SFC’s manager-incharge programme, lawyers say
I suspect there are some in the market who haven’t thought it all through.
Legal, Regulation & Compliance
07/27/2017
MAS urges banks to improve tech use in financial crime fight
This is where better use of technology can help.
07/27/2017
Swiss Re to set up Asian regional HQ in Singapore
The new entity, to be known as Swiss Re Asia, will have its own regional board of directors
07/26/2017
Banks to keep tabs on developers
An HKMA spokesman said that the agency will also monitor market developments, and refine and enhance its supervisory requirements, when appropriate, relating to banks' lending to developers.
07/25/2017
SFC’s new pact with FCA raises industry unease
The new arrangements came to light when the SFC posted the full text of its memorandum of understanding with the FCA on its website on July 21.
07/25/2017
651 Malaysians lose millions in alleged Ponzi scheme
Singapore police are looking into a property company linked to the scheme which allegedly swindled thousands of investors of RM373 million.
07/25/2017
DIFC a hit with Chinese, Indian financial firms
In new Asia approach, the centre is targeting more financial institutions from Japanese and Korean firms
07/25/2017
BLP introduces family asset protection practice in HK, London
Based in both in Hong Kong and London, the practice provides cross-border and corporate family law expertise to high net worth and ultra-high net worth clients
07/24/2017
BLP launches family law practice in Hong Kong and London
Hong Kong partner Marcus Dearle to lead the new practice
07/24/2017
Details Emerge on Singapore Central Bank's Blockchain R&D
The two-phase effort called "Project Ubin" would see global central banks settling cross-border transactions in real time via a blockchain.
07/24/2017
OCBC Bank taps design in CX makeover
After finding OCBC's customer experience lacking both in-branch and in its communications materials, Moller led the process to makeover the bank's customer experience.
07/24/2017
Singapore Reveals Plans for Central Bank-Issued Cryptocurrencies
Project Ubin could strongly affect how central banks process transaction amongst themselves.
07/23/2017
Taking the Philippines funds market to the next level
Educating the younger generation on the importance of savings and having investment goals is critical to the future growth of the asset management industry.
07/23/2017
Nawaz Sharif rejects JIT charge of hiding UAE employment
The JIT has recommended that the report's Volume-X should be treated as confidential as it contains details of correspondence with other countries.
07/23/2017
China's outbound M&A activities rebound in Q2
It is no surprise that the technology sector is attracting a significant portion of the inbound investment.
07/22/2017
Banks safer but still risky
But analysts and investors said the new standards were not as harsh as had been expected, and the banks would have more than two years to meet them.
07/21/2017
Antitrust concerns keep regional bank merger plan in limbo
Japan's Fukuoka Financial, Eighteenth Bank to extend timeline indefinitely
07/21/2017
Australian brokerage says staff being held against will in Shanghai office
We are in the middle of a very strange situation
07/21/2017
Wealthy turn to 'legitimate' trusts following super balance cap
Trusts are tax-neutral structures; all income is distributed to someone who then pays tax.
07/20/2017
Austrade and Commbank co-operate to envourage innovation exchange between Hong Kong and Australia
The new agreement complements the recent launch of The FinTech Association of Hong Kong