04/26/2017
Wealth products under scrutiny in China
The growth rate slumped from 53% during the same period last year, the report cited the regulator as saying.
Legal, Regulation & Compliance
04/26/2017
Hawsford can now provide trust services in Singapore, having secured a trust licence.
Generations of clients take confidence in our technical expertise and personalised approach.
04/25/2017
Linklaters readies long-awaited China spinoff
It is understood three partners and 16 lawyers are leaving Linklaters’ China offices to set up the new independent firm.
04/25/2017
Hong Kong free-trade agreement opens another Asian trade door
He described Hong Kong as “Australia’s leading business base in Asia,” with more than 600 firms having a major presence there.
04/25/2017
HK Judge Awards Costs Over Tossed Arbitral Award
Hong Kong High Court Judge Simon Leung awarded China Property Development Ltd. costs related to a suit that defeated an arbitration tribunal’s finding that it was liable for RMB 10 million
04/25/2017
‘Lift bank secrecy before tax amnesty’
Only the Philippines, Lebanon and Switzerland still have restrictive banking laws that make it difficult for authorities to go after tax evaders and money launderers, the NTRC said in a report.
04/25/2017
China bails out Pakistan with $1.2bn loans
Rising imports and falling exports and remittances revive threat of forex crisis
04/24/2017
Vietnam’s drivers trade up from two wheels to four
Economic growth and tariff cuts spark new-car boom but sustainability doubts linger
04/24/2017
ASIC signs fintech agreement with Indonesia
Fintech cooperation agreements have been signed with a number of other regulators, including the Monetary Authority of Singapore
04/24/2017
Pakistani regulator orders stockbrokers investigated for market manipulation
Securities and Exchange Commission issues statement describing stockbrokers tactics to manipulate prices on the Pakistan Stock Exchange over several years
04/24/2017
Malaysia to Pay $1.2 Billion to Abu Dhabi Fund Over 1MDB Scandal
On Monday, Malaysia and Abu Dhabi moved to clean up one part of the scandal: who would pay back investors who bought the bonds.
04/24/2017
MAS, CAD partner industry stakeholders to fight financial crimes
Money laundering and terrorism financing have increasingly come under the international spotlight in recent years and Singapore, as a leading financial hub, has been raising vigilance and stepping up efforts to combat the scourge.
04/24/2017
Will China-led development banks get the coveted boost to shape a new financial world order?
AIIB and BRICS Bank aiming for same recognition as World Bank, ADB from global credit rating agencies
04/23/2017
Tighter regulation has impacted banks' profitability: MAS
In fine-tuning regulations, regulators must avoid pendulum swings that could undermine financial stability
04/22/2017
ASIC signs fintech Cooperation Agreement with OJK to promote innovation in financial services
The framework for cooperation under this Agreement is a positive confirmation of the strong and longstanding relationship between the two regulators.
04/22/2017
Central banks urged to embrace tech challenges
New phase calls for review, fine-tuning of policies to ensure stability, says MAS chief
04/21/2017
Life Ban For Hong Kong Banker
The court found that Chen, who was then a bank manager at a branch of BOCHK, had stolen a total of $40,000 from a teller cash box assigned to him
04/21/2017
ASIC bans former director of AFS Capital
Dr Hu has a right to apply to the Administrative Appeals Tribunal for review of ASIC’s banning order.
04/21/2017
Hong Kong: Update on automatic exchange of financial information
Update on automatic exchange of financial information (AEOI) partners
04/20/2017
Singapore regulator and UN team up for ASEAN financial inclusion
As the first initiative, MAS is supporting UNCDF Shift’s latest “challenge fund window”.