04/10/2015
Trust comes with GIPS compliance
Taikang Asset Management Co Ltd became the first insurance-owned asset management firm to claim compliance with the Global Investment Performance Standards in China
Legal, Regulation & Compliance
04/10/2015
IndusInd Bank agrees to buy jewellery financing biz from RBS
IndusInd said this strategic relationship will facilitate deeper industry and client insights and in turn lead to improved client servicing, enhanced revenue opportunities and better risk management.
04/09/2015
Taiwan’s FSC to introduce new regulation for offshore managers
The new directive will come into force in April 2017
04/09/2015
Singapore central bank may ease policy further to counter slowing growth
Singapore's central bank could loosen monetary policy for a second time this year
04/09/2015
Trust comes with GIPS compliance
A common language for firms to communicate with investors
04/08/2015
Another foreign bank all set to open branch in PH
We are going to make an announcement this week after the bank makes its own official announcement
04/08/2015
Australian Central Bank Rules On Bitcoin Regulation Stance
Bitcoin has been quite the hot property in Australia over the past eighteen months, and it has caught the attention of the nation’s financial regulators, as it has in nations worldwide.
04/08/2015
Australia's ANZ Bank wins appeal on landmark unfair fees class action
The ANZ case is the first of a series of class actions brought by law firm Maurice Blackburn against Australian lenders seeking repayment of allegedly excessive and unfair fees
04/08/2015
Banks suffer executive loss after salary limit
BOC's Zhu has been placed in China Everbright Group, a joint-stock enterprise, and Ling Tao, former deputy director of the central bank's Shanghai branch, has been taken the position of president of Shanghai Huarui Bank, a private bank.
04/08/2015
International law firm promotes five lawyers across the Firm
Has announced the promotion of five lawyers to the role of Partner and Counsel
04/06/2015
Swiss ups vigil as India threatens criminal action
Switzerland has been making efforts to strengthen its bilateral cooperation with India and some other countries on tax matters, as many Swiss banks are finding themselves in regulatory crosshairs in multiple jurisdictions.
04/06/2015
Capital buffer pressures build for Asia banks
Asian banks are bracing for the impact of new capital adequacy rules, even if the region's regulators choose not to follow global proposals on total loss-absorbing capacity, or TLAC.
04/06/2015
Banks, insurers asked to create common IT platform for new schemes
To roll out three new social security schemes announced in the Budget, the government has asked banks and insurers to develop a common infotech module by June.
04/06/2015
The DFSA Strengthens Ties With Indonesian Regulator
This signing followed a meeting a few days earlier in Bangkok between Mr Johnston and Khun Tipsuda Thavaramara, Deputy Secretary General of the Securities and Exchange Commission, Thailand.
04/06/2015
Funds marketed in Hong Kong linked to Belvedere fraud probe
Questions are mounting over several funds promoted in Hong Kong that are now dogged by fraud allegations, director resignations and the arrest of 13 traders at a London-based foreign exchange brokerage
04/02/2015
Milford Asset Management suspended from Super Fund
The New Zealand Superannuation Fund has suspended Milford Asset Management's $281 million active equities mandate until a Financial Markets Authority investigation
04/02/2015
China official warns over implied product guarantees
The only way to sustain China’s booming asset management industry is to ensure new product sales avoid implying returns are risk-free
04/02/2015
Japan banks oppose toughen rules for interest rate risk
Japanese banks will oppose a push by global regulators to toughen rules on the capital lenders to withstand an increase in interest rates
04/01/2015
Global law firm Hogan Lovells the latest on Australian soil in pursuit of Asian growth
The firm has watched the Australian market, waiting for the right opportunity
04/01/2015
FSC hails register a step towards profession status
The Financial Services Council welcomed the ASIC national register of advisers.