03/23/2017
ASIC Accepts Enforceable Undertaking From Former Macquarie Equities Limited
ASIC has accepted the EU as an alternative to taking administrative action against Mr Wilson.
Legal, Regulation & Compliance
03/23/2017
Barclays Penalized by Australian Regulator for Disclosure Lapses
The Australian Securities & Investments Commission said in a statement Thursday that the units -- Barclays Capital Inc., Barclays Capital Asia Ltd., and Barclays Capital Securities Ltd. -- failed to disclose the information to clients or inform ASIC o
03/22/2017
New Zealand central bank role under scrutiny
Departure of governor and deputy comes as critics call for revamp
03/22/2017
OCBC Wing Hang Bank sells stake in Hong Kong Life for S$425.8m
First Origin is an investment holding company with a focus on investment in the financial and technology sectors in Asia.
03/22/2017
Mizuho, Sumitomo Mitsui Trust seen merging custody service units
Low interest rates drive cross-group integration
03/21/2017
China regulates fund outsourcing business in fresh move to curb shadow banking - Sec Times
Regulators are worried that such funds are used as a shadow banking channel by lenders to make risky bets in corporate bonds or equities, without effective management by the external fund house.
03/21/2017
Secrecy on land titles registry sale helps keep bidders’ tax haven links quiet
It is reasonable that voters demand of their elected officials to know where their assets may end up and who might own them.
03/21/2017
Bank of Singapore in Indonesian Move?
The move comes as demand for more wealth management products rises on the back of the much heralded tax amnesty.
03/21/2017
China central bank should clarify rate policy, improve communication - working paper
The PBOC should increase the frequency, clarity, accuracy and consistency of information disclosures, and explore multiple channels to express its economic and financial views and policy intentions
03/21/2017
Philippines eyes 2 more deals to open up ASEAN banking
One of the first bilateral agreements to be signed under the Asean Banking Integration Framework.
03/20/2017
Would you bank with Apple, Google or Amazon?
There could be scope within current regulations for the Cupertino-based giant to issue credit cards.
03/20/2017
Shadow Lending Threatens China’s Economy, Officials Warn
But experts worry that untrammeled shadow lending could lead to ticking time bombs that could threaten the financial system of the world’s second-largest economy.
03/20/2017
The London-France connect that led to Moin Qureshi’s dirty money
Painstakingly combining information from all six locations, investigators had been gathering documents since the summer of 2014 to expose Qureshi, who is being investigated by multiple agencies for money-laundering.
03/19/2017
Australian Banks Need to Improve Financial Advisers Competence
It arose out of serious concerns about past adviser misconduct, and had the broad objective of lifting standards in major financial advice providers.
03/19/2017
Australia and New Zealand Bank to fork out A$3m forex rigging fine
The fine may bolster the Competition Commission’s case in SA
03/19/2017
Sri Lanka's SEC outlines future plans
In this context, the Capital Market Strategy 2020 reflects the SEC’s definitive force of continuity in engendering competitiveness and effective regulation in our capital market.
03/19/2017
Solution to Duterte’s luxury car gift dilemma simple — transparency advocate
A day after revealing this information, Duterte told Malacañang reporters that the car is in a private garage.
03/17/2017
SFC reprimands and fines BOCOM International Limited $15 million for sponsor failures
A majority of the loans were not secured by collateral but guaranteed by individuals or companies.
03/17/2017
EFG completes BSI integration in Asia, seeks lower price
The integration of BSI’s Swiss business is expected to take place in April, and the remaining BSI entities are also expected to be integrated in the second quarter of 2017, earlier than anticipated.
03/17/2017
Emirates NBD Asset Management launches India Equity Fund with UTI International
The Fund will look to invest primarily in large and midcap stocks to generate excess returns for its clients.