12/28/2015
As part of capital calculations, the OJK will require conglomerates to measure net equity as the total capital of the parent company and its units, minus the injection or fund placement from parent companies to the units.
12/24/2015
Instead, they have to set up subsidiary companies to engage in the business, but only after undergoing close government examination and approval.
12/22/2015
The first was headlined "Bad for the budget, good for the state". In the second, issued four hours later, the headline was more upbeat "Good for the state".
12/21/2015
ASIC was concerned that UBS Securities' control framework relating to its research function, and its compliance with that framework, at the relevant times was not adequate for an investment bank of UBS' size and complexity
12/16/2015
Emerging opportunities in e-commerce, finance and new ways to appeal to China’s increasingly sophisticated consumer base, are transforming the commercial landscape for investors.