04/23/2017
Tighter regulation has impacted banks' profitability: MAS
In fine-tuning regulations, regulators must avoid pendulum swings that could undermine financial stability
Legal, Regulation & Compliance
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”.
04/20/2017
Panama Papers: Pakistan PM Nawaz Sharif awaits ruling
The focus of the probe is on the funds used to purchase property in London using offshore companies.
04/19/2017
Swiss Re to set up regional headquarters in Singapore next year
It said that the Asian reinsurance network is expected to realign to the new structure by 2020, subject to regulatory approval.
04/19/2017
Shake-up at BOJ policy board to bolster easing camp
Banker, reflationist economist to replace monetary hawks at Japan central bank
04/19/2017
China bank overseer launches ‘regulatory windstorm’
Agency has issued flurry of directives to control risk since Guo Shuqing took office
04/19/2017
IRESS readies industry for super reforms
The superannuation laws, which were announced in the 2016-17 Budget, introduce new tax concessions
04/19/2017
AMP Capital awards historic $17bn passive mandate
The firm added that over the past decade, it has grown its global index investing capability by more than 400%.
04/18/2017
Overseas funders confident
The Reserve Bank said one in three home loan borrowers had little or no savings buffer on their monthly mortgage repayments.
04/18/2017
Cashless banking not for all
Customer service officer Estee Kho said banks should provide more ATMs or CDMs to encourage people to use them.
04/18/2017
SC Asks Centre If Separate SIT Be Set Up To Probe Into Panama Papers Case
The plea was filed by advocate M L Sharma seeking court probe in the case
04/17/2017
RegTech innovation and adoption- Impact, drivers, barriers
The rise of FinTech is accompanied by growth in the closely associated area of RegTech.
04/17/2017
Ogier advises Lenovo Group on US$1 Billion Capital Markets Issue
Anthony and associates Tiffany Yeung and Yuki Yan from Ogier's Hong Kong team specialising in Cayman and BVI law advised on the transaction.
04/17/2017
Wealth Managers to Reveal Fund Fees
The disclosure requirements could be bad timing
04/17/2017
Citi 'first' to clampdown on borrowers following regulatory broadside
The Australian Prudential Regulatory Authority, the Australian Securities and Investments Commission and the Reserve Bank of Australia are pressuring lenders to tighten lending criteria for borrowers