03/10/2017
3 N. Korean banks banned from key international financial network
The latest ban had completely isolated North Korea from the international financial system.
Legal, Regulation & Compliance
03/10/2017
OECD invites BD to join combat against fund flight
Says signing convention can help check base erosion, profit shifting to tax havens
03/10/2017
Pakistan to sign agreement regarding bank accounts with Switzerland: Ishaq Dar
The situation demanded that Pakistan approach the Swiss government for a treaty surrounding the exchange of information, Dar added.
03/10/2017
PwC Launches Hong Kong Law Firm With KWM, O'Melveny Hires
Former King & Wood Mallesons partner David Tiang formed the auditor's associated firm with former O'Melveny & Myers Hong Kong partner Gigi Woo.
03/10/2017
Pacific 'leads' in law reforms, registries
The online registry we put in the Pacific are more sophisticated than in most of the 50 states in the US.
03/10/2017
Myanmar starts first audit of state-owned banks in decades
These banks are under-capitalised
03/10/2017
China to strengthen financial asset management
The level of regulation may be further raised if necessary
03/10/2017
Monetary Authority of Singapore Works to Boost Blockchain Utilization: Looks to Central Bank Digital Currency
MAS said the project has achieved the objectives of producing a digital representation of the Singapore
03/10/2017
Financial regulators of Japan and UK announce Exchange of Letters on Co-operation Framework to support innovative FinTech companies
The Financial Services Agency of Japan and the UK’s Financial Conduct Authority have exchanged letters on a Co-operation Framework to support innovative FinTech companies.
03/09/2017
ANZ says four executive resignations in wake of BBSW allegations not linked to case
The revelation came as ANZ also defended its treatment of small business customers
03/09/2017
Amundi’s Fund Channel expands into Asia
These services consist of regulatory monitoring, monitoring and commission payments for the distribution of funds.
03/09/2017
ASIC compensation skyrockets
In the first half of 2016 there were 96 infringement notices issued and 75 criminal charges pressed.
03/09/2017
ANZ shuts down broking business
CMC Markets has also committed to working with ANZ to bring new and innovative features to our customers.
03/09/2017
Dubai Regulator Signs FinTech Pact with Singapore’s Central Bank
Dubai looks to make a FinTech splash with Singaporean partnership.
03/08/2017
Hong Kong watchdog fines Guangdong Securities for AML breach
It is of the view that GSL’s conduct was in breach of the Prevention of Money Laundering and Terrorist Financing Guidance Note.
03/08/2017
Yu-Ming Wang of Nikko Asset Management says the real trade war is for IP
We can draw a number of conclusions that might explain America’s new thinking on trade.
03/08/2017
Nomura Announces Changes to Board of Directors
Dame Clara will step down from the board upon the conclusion of Nomura’s current fiscal year ending March 2017.
03/08/2017
Mah Sing to establish securities programme of up to RM1b
This year will see the expected final stage billings on delivery of vacant possession of properties amounting to RM607 million which will enhance the group's cash position.
03/08/2017
Petition on Panama Papers to be Heard Today by Supreme Court
The Union Government has meanwhile informed the court that it has set up a multi-agency group to investigate the Indian accounts mentioned in the papers.
03/08/2017
Bahrain buys Korea health system
HIRA invited international organizations such as the World Bank, the World Health Organization (WHO) and 21 countries