08/05/2015
China’s central bank has moved to defend draft rules that would force online payment processors to channel large payments through traditional bank accounts
08/05/2015
Recent tax incentives introduced in Korea to encourage overseasinvesting funds have not been enough to please domestic managers, who are demanding greater clarity over the new rules.
08/04/2015
NAB was followed by ANZ, which recorded growth of 12% and CBA, which recorded growth just above APRA’s guidelines at 10.2%.
08/04/2015
Hong Kong securities regulator said on Monday it fined French bank BNP Paribas HK$15 million ($1.93 million) for failures related to "dark pool" trading.
08/04/2015
One of the Chicagobased hedge fund's jointventure managed accounts has been suspended by the Shenzhen Stock Exchange, making it the first foreign victim of China's crackdown on shortselling.
08/04/2015
Ogier Hong Kong practice partner Nicholas Plowman said: “Our Hong Kong team continues to make massive strides in the market
08/03/2015
The Australian Securities and Investments Commission has announced it will move in the Federal Court on Monday to remove the administrators of Midland HWY Pty Ltd, describing it as a "failed land-banking company".
08/03/2015
Demand for experienced compliance experts soars in city state as banks go on hiring spree amid the government crackdown on tax evasion
08/03/2015
It was not immediately clear if there would be more charges against Karpeles, who reportedly denied the allegations.
08/03/2015
Hedge fund managers domiciled in the Cayman Islands, the US, Hong Kong and Singapore face uncertainty over whether they can sell their funds across Europe following a ruling by a European regulator.
07/31/2015
Three sources at Chinese brokerages and two at foreign financial institutions said the China Securities Regulatory Commission had asked for trading records in order to identify investors who had taken net short positions against Chinese stock markets.
07/31/2015
The imminent opening of its booming commodity futures market is a major reform supporting Beijing's efforts to increase its sway on global commodity pricing. China is the top global consumerr of many raw materials.
07/30/2015
Ample Mark also agreed to subscribe and pay for the Convertible Bonds issued by Skyfame in an aggregate principal amount of HK$40 million.
07/29/2015
A group of New Zealand's leading institutional investors plan to flex their investment muscle over corporate governance through a newly set up forum.
07/29/2015
First published in STEP Journal July 2015
07/28/2015
The Appleby team was led by Frances Woo, group chairman and managing partner, and Associate Vincent Chan in Appleby’s Hong Kong office.
07/27/2015
The Federal Government wants to shake up the governance of super boards and legislate that a third of trustees are independent directors.
07/27/2015
Singapore's fight to stem illicit fund inflows has shoved private bankers into a new quandary - finding enough qualified compliance specialists to ensure the money passing through their accounts is clean.
07/27/2015
Hong Kong-based Wealth Management Firm Signs Up to use OneSumX for Anti-Money Laundering and Regulatory Reporting
07/26/2015
Bandhan Financial Services Private Ltd, the other entity, was granted a banking licence last month. Bandhan Bank is set to commence operations from August 23.