09/13/2016
Major banks that fell into the BUKU IV category were allowed to offer such services by utilizing cell phones, smartphones and internet to provide basic banking products and services, such as savings and cash transfers.
09/12/2016
The bank argues that is because deposits on platforms are treated differently by regulators, and this means they often pay a lower interest rate.
09/12/2016
Their employees have reason to be hopeful that their jobs, at least for the time being, are secure.
09/12/2016
International lawyers have welcomed Myanmar’s new investment law
09/12/2016
Discussions are still ongoing as to whether to fold the banking and insurance regulators under the purview of the People’s Bank of China, officials said
09/11/2016
Tough on money laundering and tough to get basic services
09/11/2016
In an annual report to creditors published yesterday KPMG said there may be grounds to pursue directors for trading while insolvent, a state they believe the company was in 2011, four years before its ultimate collapse.
09/09/2016
Moves to loosen restrictions on banking services to SMEs in Hong Kong are "a welcome step"
The HKMA statement underlined the importance of anti-money laundering and counter-terrorism controls, but said that a risk-based approach should be adopted by banks to stop small firms from being effectively excluded from banking services.
09/08/2016
Before the start of Indonesia's tax amnesty program in July 2016, Bank Indonesia estimated that the amnesty program would bring home about IDR 560 trillion
09/08/2016
The firm’s founding partner Piet Jarman said that the merger will equally benefit the law firm’s current clients.
09/08/2016
“This week of action is the result of months of collaboration with domestic Agencies to share intelligence and information,” Ms O'Dwyer said.
09/07/2016
In a changing landscape driven by factors such as regulation, client appetite and the investment environment, it is all about staying relevant.
09/07/2016
The news release said JPMAM becomes the first foreign player to garner an asset management wholly foreign-owned enterprise license.
09/07/2016
The compliance with the infringement notice is not an admission of guilt or liability.
09/07/2016
The District Court also found that Chau referred her customers to Chow so that he could obtain more sales commission
09/07/2016
CIMB's move into Vietnam reinforces its presence in the region.
09/07/2016
Hua Nan Bank has become the first Taiwan bank to set up a branch in Southeast Asia
09/07/2016
SOFGEN has market leading domain expertise in various banking systems and has been retained by Barclays Wealth for in excess of 10 years.
09/06/2016
The alliance through the MoU sets out a conceptual framework and guiding principles for the two banks through which ICBC would benefit from Standard Chartered’s presence and banking experience in Pakistan.
09/06/2016
Ministers say analysis of papers by crimes taskforce also resulted in 15 unannounced visits and three search warrants