10/17/2016
20 say they lost $1m in investment scam
He claims to have fallen victim to a sports betting syndicate run by 33-year-old Singaporean Alvin Ang Jun Bin
Legal, Regulation & Compliance
10/14/2016
Leading global law firm Strikes Alliance in Shanghai
This move reflects the firm's growth strategy in Asia and the importance of the region to many of the firm's global clients.
10/14/2016
BB will send team to look into Sonali Bank UK affairs
The Financial Conduct Authority has fined the bank £3.25 million and banned from accepting deposits from new customers
10/13/2016
Hedge fund Tillage Commodities sues SS&C who wired millions to Chinese hackers just minutes after receipt of routine phishing email
Since the theft, Tillage fund, which started operations in 2012, has ceased operations.
10/13/2016
Simplified MiFID-II Compliance with Endace DAG Provenance
Provenance provides a way for traders to capture contextual information at the source, helping them to comply with regulations easily.
10/12/2016
ASIC finds life claim rates wildly inconsistent
This will give ASIC much greater regulatory oversight in the industry.
10/11/2016
Strong laws will fix banks
The Future of Financial Advice legislation came into effect on July 1, 2013.
10/11/2016
Myanmar investment law to be enacted
The law was approved by the Lower House on September 28.
10/11/2016
Two more former BSI senior bankers charged in Singapore court in 1MDB probe
The probes centre on how more than US$3.5 billion (S$4.81 billion) in funds intended to finance development projects across Malaysia were misappropriated.
10/11/2016
Findex fined by ASIC
The Findex website indicates the business advises 250,000 clients nationally and has $17 billion in funds under advice.
10/11/2016
New mandate proposed to WB for development
To finance the new mandate, in addition to possible member capital and cash contributions.
10/11/2016
Life Insurance Code targets self-regulation
FSC members to sanction insurers who do not comply with a new set of standards laid out
10/11/2016
Hong Kong securities watchdog continues crackdown
Chen also did not make it clear to the customer that the insurance policy was not a product of HSBC
10/11/2016
CSL investors to lodge a protest against executive pay
The firm, which provides advice on governance issues to institutional investors, said increases to Mr Perreault's indicative pay package for 2016-17
10/11/2016
Banks behaving badly in Singapore
The actions on the three banks follow supervisory examinations by MAS into 1MDB-related fund flows that took place through these banks from March 2013 to May 2015.
10/10/2016
Indonesia and Japan extend currency swap agreement
The previous agreement was signed in 2013.
10/07/2016
National Australia Bank boss banned political donations 'to be clean'
NAB boss feels that the donations was being misconstrued
10/07/2016
Barbados, China Sign New Agreement
The senator further stated that the objective of this inter-governmental agreement is to enhance clinical and technical skills and to explore best practices in health-care delivery.
10/07/2016
Hong Kong masterclass to consider corporate risk management opportunities across Asia
The masterclass follows the signing of Memoranda of Understanding with both the China Captive Alliance and the Kashgar Government by Guernsey representatives in June this year.
10/06/2016
Swiss prosecutors probe suspected $800 million misappropriation from Malaysia's 1MDB
Ponzi scheme may have been set up to conceal the alleged fraud