03/17/2017
The SFC found that DBS Vickers failed to have adequate internal controls and management supervision in place to prevent under-segregation of client money and to ensure that client assets were appropriately safeguarded.
03/17/2017
It is also assisting its developing country members to ensure that they can also receive the benefits of the ongoing global move to automatic exchange of financial account information.
03/16/2017
A Manulife spokesperson tells Asia Asset Management (AAM) that the new subsidiary will not have any overlapping business with the other joint venture companies.
03/16/2017
The bank is considering only those vendors that have direct local support and have implemented MAS reg reporting software at least in two banks in Singapore.
03/15/2017
Siemens Bank’s clients primarily include companies, special purpose entities and public-sector debtors.
03/15/2017
Indonesian private lender closing gap with state-owned players
03/15/2017
The banker was convicted in December and is currently serving 30 months.
03/15/2017
The platform will service more than 500,000 ANZ retail stockbroking clients.
03/15/2017
The platform clocks one million transactions per day and is a clearing member on equity exchange traded derivatives.
03/15/2017
The warning is the first issued by the commission to financial institutions in Japan over trades of European sovereign bonds
03/15/2017
The wholesale equity scheme is effectively operated by the manager that holds an AFS licence and that takes responsibility for the operation of the scheme.
03/15/2017
The Hub in Malaysia will foster greater connectivity and inclusiveness within the Asia Pacific region
03/14/2017
Both authorities will also undertake and explore joint innovation projects on the application of key technologies including digital and mobile payments, blockchain and distributed ledgers.
03/14/2017
The importance of regulatory clarity in encouraging the growth of the family office industry.
03/14/2017
Mr Leissner will be prohibited for a period of 10 years from: (i) performing any regulated activity under the Securities and Futures Act
03/14/2017
One of the early adopters of the Common Reporting Standard, Guernsey has a reputation for working in tandem with its finance industry
03/13/2017
Under the current IPO system, new shares are subject to approval from the CSRC, which controls both the timing and pricing.
03/13/2017
Currently, the encumbrance limit for Singapore is 4 per cent, on par with Canada
03/13/2017
Ethical fund manager Hunter Hall Limited has entered a merger agreement with Pengana Capital, which will result in a business with combined funds under management of $3.1 billion.
03/13/2017
The emphasis on curbing financial risks also reflects the government's concerns about the rising trend of "exit the real, enter the fake"