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
Legal, Regulation & Compliance
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”.
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.