04/21/2017
ASIC bans former director of AFS Capital
Dr Hu has a right to apply to the Administrative Appeals Tribunal for review of ASIC’s banning order.
Legal, Regulation & Compliance
04/21/2017
Hong Kong: Update on automatic exchange of financial information
Update on automatic exchange of financial information (AEOI) partners
04/20/2017
Singapore regulator and UN team up for ASEAN financial inclusion
As the first initiative, MAS is supporting UNCDF Shift’s latest “challenge fund window”.
04/20/2017
Panama Papers: Pakistan PM Nawaz Sharif awaits ruling
The focus of the probe is on the funds used to purchase property in London using offshore companies.
04/19/2017
Swiss Re to set up regional headquarters in Singapore next year
It said that the Asian reinsurance network is expected to realign to the new structure by 2020, subject to regulatory approval.
04/19/2017
Shake-up at BOJ policy board to bolster easing camp
Banker, reflationist economist to replace monetary hawks at Japan central bank
04/19/2017
China bank overseer launches ‘regulatory windstorm’
Agency has issued flurry of directives to control risk since Guo Shuqing took office
04/19/2017
IRESS readies industry for super reforms
The superannuation laws, which were announced in the 2016-17 Budget, introduce new tax concessions
04/19/2017
AMP Capital awards historic $17bn passive mandate
The firm added that over the past decade, it has grown its global index investing capability by more than 400%.
04/18/2017
Overseas funders confident
The Reserve Bank said one in three home loan borrowers had little or no savings buffer on their monthly mortgage repayments.
04/18/2017
Cashless banking not for all
Customer service officer Estee Kho said banks should provide more ATMs or CDMs to encourage people to use them.
04/18/2017
SC Asks Centre If Separate SIT Be Set Up To Probe Into Panama Papers Case
The plea was filed by advocate M L Sharma seeking court probe in the case
04/17/2017
RegTech innovation and adoption- Impact, drivers, barriers
The rise of FinTech is accompanied by growth in the closely associated area of RegTech.
04/17/2017
Ogier advises Lenovo Group on US$1 Billion Capital Markets Issue
Anthony and associates Tiffany Yeung and Yuki Yan from Ogier's Hong Kong team specialising in Cayman and BVI law advised on the transaction.
04/17/2017
Wealth Managers to Reveal Fund Fees
The disclosure requirements could be bad timing
04/17/2017
Citi 'first' to clampdown on borrowers following regulatory broadside
The Australian Prudential Regulatory Authority, the Australian Securities and Investments Commission and the Reserve Bank of Australia are pressuring lenders to tighten lending criteria for borrowers
04/17/2017
JPMorgan raises target on Kotak Mahindra Bank, expects sharp earnings bounceback
JPMorgan has raised target price by 17 percent to Rs 875 on Kotak Mahindra Bank.
04/17/2017
Robo-advisor startup StashAway gets in-principle approval from MAS to manage investment portfolios
It received an in-principle approval for its Capital Market Services License for Retail Fund Management from the Monetary Authority of Singapore
04/13/2017
Singapore, Shanghai deepen ties amid fresh commitments by banks
UOB (China), OCBC, SPD Bank ink MOUs at the third Singapore-Shanghai Financial Forum
04/12/2017
Vietnam lucrative for foreign banks
United Overseas Bank, one of Asia’s leading financial institutions with 500 offices in 19 countries and territories, already had a branch in Ho Chi Minh City.