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.
Legal, Regulation & Compliance
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.
04/28/2016
BOJ boxed in on additional easing
The business community feels that the BOJ's excessive monetary easing has inadvertently ended up destabilizing yields and exchange rates.
04/28/2016
Ex-BSI Singapore banker involved in 1MDB probe faces additional charges
The prosecution alleges that former private wealth banker Yeo Jiawei played a significant role in moving large amounts of money.
04/28/2016
Malaysia's central bank fines troubled state fund 1MDB
Central bank governor Zeti Akhtar Aziz said in March that it would pursue administrative action on 1MDB, after it missed a deadline to submit documents on its finances abroad.
04/27/2016
Is monetisation the only ammo left in the BoJ’s arsenal?
Are we approaching the point at which the BoJ will need to consider more drastic measures?
04/27/2016
IMF to test New Zealand's financial regulators
The IMF last conducted an FSAP review on New Zealand in 2004, when it found New Zealand's securities regulation performed relatively poorly
04/27/2016
Westpac withdraws from real estate lending to foreigners
Westpac's new rules are similar to the other banks.
04/26/2016
Billion dollar Bangladesh hack: SWIFT software hacked, no firewalls, $10 switches
The Bangladesh Bank's internal network security was sorely lacking.
04/26/2016
Super Thursday looms large for central banks
Many are touting the Fed as the main attraction, but no one expects the US central bank to announce a follow-up increase to its December rate rise, the first in almost 10 years of monetary easing.
04/26/2016
'Fugitive' wealth manager reassures investors
The case is the latest involving alleged financial fraud to emerge in China as the economy slows, sometimes leaving investment firms struggling to pay out promised returns.