02/24/2017
Supreme Court reserves decision in Panama Leaks case
We will take some time and look at the case in depth.
Legal, Regulation & Compliance
02/24/2017
Private placement boom on borrowed time
The biggest problem is that some listed companies raise funds excessively.
02/24/2017
Hong Kong, a hub for corporate offshore schemes, must ensure disclosure rules are truly effective
Companies would have to reveal any offshore shareholders with 25 per cent of shares or more.
02/24/2017
KOREA: Real estate investment cap could increase for investment banking
The brokerage industry has argued that the regulatory cap on investment in real estate and corporate bonds would hinder securities companies from earning higher returns.
02/23/2017
China cbank to make "dynamic changes" to banks' targeted RRR rates
The People's Bank of China recently completed an assessment of banks' adherence to RRR regulations based on lending to rural sector and small firms in 2016
02/23/2017
After denying merger rumour, Kotak seeks government stake in Axis Bank; others also interested
Others including ICICI Bank and HDFC Bank have also showed interest, asking the government to plan any stake sale in it through competitive bidding.
02/23/2017
RBI deputy guv Viral seeks 2 asset management companies to tackle bad debt
According to Acharya's plans, govt should not bear full cost of restructuring losses
02/23/2017
China regulators set new rules for asset managers as debt fears grow
The proposed new rules aim to unify the regulation of the asset management industry under leadership of the central bank in order to improve oversight of the sector.
02/23/2017
NAB throws full support behind broker commissions
We welcome that regulatory oversight as it legitimises even further the role that brokers play in the marketplace.
02/23/2017
India’s Central Bank Tells Banks: Go Digital or Become Obsolete in the FinTech Age
The banning of India’s largest banknotes, the Rs 500 and Rs 1,000 notes in November, to help tackle corruption, black money, and terrorism, could make the digital move simpler
02/23/2017
Former Deutsche Bank, HSBC traders in Singapore jailed for cheating employers
Justice See Kee Oon said that deterrent sentences were justified
02/23/2017
Private placements up next for China’s whack-a-mole regulators
Share sales to be cut or cancelled after curb on ‘excessive and frequent’ fundraising
02/23/2017
Singapore's 25 largest law firms 2017
Falling commodity prices and China’s economic slowdown further dampened the outlook in 2016, but clients continued to see opportunities in the region and call for legal and professional services.
02/22/2017
China to Draft Rules to Rein in Asset Management Risks
Households and companies have poured into asset management products, seeking higher returns than bank deposits can offer.
02/22/2017
China offers banks lure of lower reserves to get more money to ailing sectors
The statement confirmed a Reuters report on Monday that the central bank is extending a programme that allows financial institutions that support rural finance and small enterprises to apply for a lower required level of cash reserves.
02/22/2017
China regulators set new rules for asset managers as debt fears grow
The proposed new rules aim to unify the regulation of the asset management industry under leadership of the central bank in order to improve oversight of the sector.
02/21/2017
HSBC Boosts CEO Gulliver's Pay as Bank's Bonus Pool Drops 12%
He received 64 percent of his potential bonus, while he will also get a new long-term incentive that could be worth 4 million pounds for 2016 if all targets are met by 2019.
02/20/2017
Islamic finance has alot to offer today’s financial systems
Importing principles of Islamic finance into the global economic market would strengthen the system’s overall transparency, ethics, and real asset base.
02/20/2017
Insurers braced for ruling in Hong Kong directors’ case
The SFC pressed market misconduct charges against Citic in 2014 for failing in 2008, when it was called Citic Pacific, to disclose immediately billions of dollars in losses on a currency hedge gone wrong.
02/20/2017
AIA forms new asset management entity to serve group businesses (Amended)
AIA Singapore's former chief investment officer Cheong Poh Kin has been appointed chief executive of AIAIM and will lead the team of investment professionals.