05/17/2016
Companies should no longer be accepted as being from the British Virgin Islands without having a significant share of their revenue and assets actually produced there
05/17/2016
“Panama is committed to cooperate and exchange of information but these can be only on bilateral terms,” Navarro said during an interaction here adding “the country which takes the information should be prepared to take it and use it acc
05/17/2016
A French banker who lives in the house at 22 Barker Road reported to police on Sunday that a safe box was missing when he returned to the four-story dwelling, which police said had been ransacked.
05/17/2016
BSI’s ongoing inquiry reportedly comes as authorities across the globe examine claims that 1MDB was used to funnel money to politically-connected individuals.
05/17/2016
The two attacks through SWIFT, used by about 11,000 banks and institutions around the world, have sent tremors through the global financial industry.
05/17/2016
A report by a Malaysian parliamentary committee last month identified at least $4.2 billion of questionable transactions by 1MDB
05/16/2016
Structural fundamentals will be good as the government is trying to weed out the twists in tax structures.
05/16/2016
The Securities and Exchange Commission and the Department of Justice began investigating the recruitment programs of major investment banks three years ago, to see whether they violated the Foreign Corrupt Practices Act by hiring the friends and relatives
05/16/2016
The governor did not provide a time frame for 1Malaysia Development Berhad (1MDB) to return the money.
05/16/2016
Yousaf Islam Associates, the firm handling financial issues of Chairman Pakistan Tehreek-e-Insaf Imran Khan, on Sunday said the chairman PTI had clear record for paying taxes regularly, ARY News reported.
05/16/2016
It owes more than half its 25,000 investors a total of 5.2 billion yuan (S$1 billion) said the broadcaster, which is based in the commercial hub.
05/16/2016
The UK Treasury has lobbied hard to become China's partner of choice on a range of financial issue
05/16/2016
Proskauer Rose has made a strategic play to capture work in London's burgeoning real estate market with the hire of DLA Piper's global co-chair of hospitality and leisure, Joanne Owen.
05/16/2016
As Sebi readies to tighten its rules for controversy-ridden P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the regulator and filing of suspic
05/13/2016
Singapore authorities are conducting a wide-ranging money-laundering probe into bank accounts linked to 1MDB, whose activities have triggered investigations across three continents.
05/13/2016
Acknowledging that financial technology is challenging the status quo in the financial industry, Malaysia’s central bank Bank Negara Malaysia recently announced the commencement of a review on the regulatory framework for the adoption of Fintech, in
05/13/2016
Former chairman of Wickham Securities and founder of Sherwin Financial Planners Bradley Thomas Sherwin was also permanently banned from providing financial services.
05/12/2016
It will help ensure that tax administrations obtain a complete understanding of how MNEs structure their operations
05/12/2016
It will also look at new risks arising from fintech startups as a result of regulatory arbitrage and the impact on consumers.
05/12/2016
China regulator tells some banks not to issue certain asset management products
Typically, classified asset management products are very risky products, particularly when the market is volatile.