05/06/2016
China Regulator Tries Again To Rein In Banks’ Shadow Assets
The watchdog has tried cracking down on similar arrangements in the past.
Legal, Regulation & Compliance
05/06/2016
China Warns Asset Managers About 'Ponzi Scheme' Risks
The risk from pooling money is that cash from new investors can be used to repay existing investors, as occurs in the scams named after Charles Ponzi.
05/05/2016
Chinese asset management industry cleaning house
More than 2,000 private fundraising and management firms will be forced out of the Chinese market, according to the China Securities Regulatory Commission and the Asset Management Industry Association of China.
05/05/2016
S'pore may now focus on 1MDB's Cayman investments
The authorities are probing "complex and layered transactions" with "cross-border elements" involving many shell companies in their investigations into 1MDB, said Singapore's chief prosecutor Tan Ken Hwee.
05/05/2016
MBSB continues to eye merger opportunities
Earlier at the EGM, MBSB shareholders approved the resolution for a rights issue to raise RM2 billion to beef up the group's capital position.
05/05/2016
HSBC Private Bank appeals against record HK$605 million fine by SFC
Record-high penalty was for alleged misselling of Lehman Brothers products
05/05/2016
Cayman Islands: Maples and Calder Recognised for Seven Airfinance Deal of the Year Awards
A leading financial resource on the aviation industry and market leader for aircraft finance news
05/05/2016
RBI, UAE central bank sign MoU on currency swap cooperation
The MoU will further strengthen the close economic relationship and cooperation between India and the United Arab Emirates.
05/05/2016
JPMorgan Securities on Hong Kong ‘name and shame’ list
The incident could hurt the bank’s IPO sponsorship business as it faces other reputational challenges in Asia, such as a US investigation into hiring practices in the region.
05/04/2016
Abu Dhabi Signs MoU With Chinese Bank Regulator
The regulatory body of the Abu Dhabi Global Market signed an MoU with the China Banking Regulatory Commission on 28 April 2016, its first such agreement with an Asian regulator.
05/04/2016
HSA raids Khaitan as it launches in Bangalore, names new MP
Amitabh has been recognised as a leading legal counsel for over two decades and joins HSA which too has been acknowledged as one of India’s leading full service law firms.
05/04/2016
Bank of China, 7th largest bank in world, receives permission to operate in Turkey
The BDDK's last meeting green-lighted the bank's entry into the Turkish market.
05/02/2016
The big banking fix Australia's regulators want
Hosted by CPA Australia chief executive Alex Malley, the trio stressed that regulation today was not about wielding the proverbial big stick but instead was more focused on a collaborative, technology-neutral approach that recognises one size does not fit
05/02/2016
JPMorgan Says Justice Dept, SEC Probing Hires In Asia
JPMorgan Chase & Co, the largest US lender by assets, said the Justice Department's criminal division is among regulators investigating its hiring practices in Asia.
05/02/2016
Standard Chartered Said To Probe Banker Expenses
Standard Chartered PLC has been conducting a probe into its bankers’ conduct, including cases of padding expense reports and improperly lending money to colleagues
05/02/2016
Soofi sees historic opportunity for Pakistan
He said after the scandal the UN convention against corruption enacted in 2003, might be strengthened further.
05/02/2016
CMA Oman's Sukuk Regulation Aims To Provide Transparency
Capital Market Authority of Oman recently issued new sukuk regulations that aim to provide clarity and transparency to market players, while providing protection to investors in sukuk transactions.
05/02/2016
China financial regulator clamps down on shadow banking
Shadow banking emerged as a force five years ago, ranging from interbank transactions through to wealth management products, which promise inflated returns often backed by loans to struggling companies.
04/29/2016
Moody's: Major Australian banks' capital metrics will come under pressure
Moody's sensitivity analysis suggests that the potential decline in the banks' capital metrics will be limited.
04/28/2016
Bank of Japan leaves monetary policy mostly unchanged
Japan's central bank has defied speculation it would act to boost growth by leaving its unprecedented monetary stimulus mostly unchanged.