12/29/2016
The law, an amended version of an earlier law passed by Parliament in August, metes out up to seven years' jail for those guilty of buying property in another person's name and not being able to explain the source of their money.
12/28/2016
The central bank said it viewed such reporting breaches seriously
12/28/2016
The sanctioned amount under PMYBL increased from Rs 17.219 billion at the end of June, 2016 to Rs 18.315 billion at the end of September, 2016, registering a growth of 6 percent.
12/28/2016
The proposed changes were first mooted back in Sept 30 by senior minister of state for finance Indranee Rajah
12/27/2016
Insiders say that the level of scrutiny private banks in Singapore receive from MAS, already high, is escalating, and that this is far more relevant than the fines.
12/27/2016
They had used credit cards to book their tickets, which had since been blocked.
12/27/2016
This includes breaches of the 'best interest duty' and unlawfully providing personal financial advice - a claim that BT Financial Group rejects.
12/27/2016
In Memorandum No. M-2016-023, the central bank said the offer aims to further strengthen the financial capabilities and enhance the overall competitiveness of the industry.
12/27/2016
KBS Local Area Bank Ltd CEO Manmath Dalai was shot
12/27/2016
At the center of the latest dispute are 312 million yuan ($45 million) worth of high-yielding bonds issued by southern Chinese phone maker Cosun Group that defaulted this month.
12/27/2016
The Thai and Malaysian central banks this year implemented a similar arrangement they signed in August 2015.
12/27/2016
2016’s black swan events, such as demonetisation and Donald Trump’s rise, are certain to impact India’s banking sector in 2017
12/27/2016
The National Pension Scheme withdrawal rules are age based
12/26/2016
The country's leaders have called for a "prudent and neutral" monetary policy in 2017 and for prevention of financial risk, while keeping the economy on a path of stable and healthy growth, according to statements following a key economic m
12/23/2016
ASIC Commissioner Cathie Armour said, ‘A well-functioning foreign exchange market depends on all participants acting with integrity and fairness.
12/23/2016
The money allegedly moved through Singapore, Switzerland and other wealth centers before being used to buy real estate, art, and other assets in New York, Beverly Hills and elsewhere.
12/23/2016
MBSB has a goal to become an Islamic financial institution by 2020 through merger with an Islamic lender
12/22/2016
The stock markets between Hong Kong and China have been closely connected after the launch of the Shenzhen-Hong Kong stock connect scheme earlier this month
12/22/2016
A penalty of Rs 10,000 each has been imposed on Bank of America, Bank of Tokyo Mitsubishi, The Royal Bank of Scotland, Standard Chartered Bank.
12/22/2016
The central bank requires that the negotiations be completed within six months, MBSB said.