10/04/2016
Baha Mar In $6m Monthly Value Fall
And this figure could be even higher, were the months between the late June 2015 Chapter 11 bankruptcy protection filing and Deloitte & Touche’s appointment factored into the calculations.
Legal, Regulation & Compliance
10/03/2016
UNEP says greening of global financial system has accelerated
The report said that 60 countries across the globe have already enacted 217 policy and regulatory measures to promote sustainable finance.
10/03/2016
Former top managers at Italian bank to face trial
An examining magistrate in Milan set the date for the start of the trial as December 15, Ansa news agency reported.
10/03/2016
Australian bank CEOs set to face parliamentary scrutiny
The government introduced the annual committee hearings in August after the big banks' move to not fully pass on interest rate cuts to mortgage customers sparked renewed criticism that they were using their market power to hurt customers.
10/03/2016
Another scandal reported at HSBC; forex law violations under probe
Central Bank of Sri Lanka, was not informed of this alleged violation
09/30/2016
Indonesia's Tax Amnesty Program Breaks World Record
Taxpayers signed up to the program have already declared Rp 2,963 trillion, $229 billion of unreported assets since June
09/30/2016
Baker & McKenzie claims a world first
The firm’s involvement is in tune with clients who are increasingly facing greater pressures on environmental compliance.
09/30/2016
Sebi Cancels Registration Of Alliance Capital Mutual Fund
The Securities and Exchange Board of India Cancelled The Registration of Alliance Capital Mutual Fund
09/29/2016
ASIC bans Deutsche Bank trader
The trades were never executed in the market and as a result no external parties were affected.
09/29/2016
Appleby Acted on three HKEX Listings in September
The aggregate amount raised for the three listings was approximately HK$323 million.
09/29/2016
Taiwan's Mega Financial says its bank branches overseas coming under greater scrutiny
Mega Bank will "actively communicate" with regulators, said Chang, who is also the chairman of Mega Bank.
09/29/2016
Getting to grips with new super rules
The charge represents an investment return of 7 per cent above the 90 day bank bill rate.
09/28/2016
KWM slips on the global rankings list
To put together the index, Acritas conducted a global survey between January and August of this year.
09/28/2016
Singapore has strong framework to fight financial crimes: Report
Financial sector robustly supervised but Republic could improve in some areas, says inter-governmental body
09/27/2016
Bahamas Leaks Reveals Offshore Connections of Chui Family
The company was involved in several local real estate projects.
09/27/2016
Are central bankers killing the banking golden goose
He is reluctant to raise extra capital at a time when Deutsche's share price is so low.
09/27/2016
Former Westpac adviser banned
A spokesperson for BT said the insurer terminated Mahoney's employment after his activities were detected by internal controls which were voluntarily reported to ASIC.
09/27/2016
Global money laundering group urges Singapore to step up its efforts
The executive summary of the task force's report did not mention 1MDB.
09/27/2016
SFC notifies the industry of anti-money laundering concerns
Since licensees are vulnerable to being used to launder the proceeds of crime and to finance terrorism.
09/26/2016
India Court Issues Warrant for Malaysia Billionaire Krishnan
Investigators told the court they were seeking arrest warrants as the men couldn’t be served summons issued by the court.