09/21/2022

Court ruling on ASIC civil proceedings

AMP took action to rectify the issue, self-reported it to ASIC, apologised to customers and subsequently completed the remediation of affected members.

09/15/2022

Bank of East Asia Executive Detained in Beijing

In response, a BEA statement said that the matter pertains solely to the personal actions of an individual employee, adding that the bank has stringent internal control mechanisms and protocols in place.