12/22/2014
The result will be that all customers who have ever been charged late fees by these organisations will be eligible to share in an eventual successful outcome, should the class actions prevail
12/22/2014
The Chinese cabinet unveiled rules to ease market access for foreign banks in order to open up the domestic financial sector.
12/22/2014
As OCBC finds out, global players operating in China need to go through a long and opaque regulatory process of rebranding after a tie-up
12/21/2014
Starting next week the Australian Tax Office will be working with the Swiss Government to catch Australians who failed to declare assets hidden offshore during a recent amnesty period.
12/21/2014
HDFC Bank had applied for FIPB approval for expanding its equity base by up to Rs 10,000 crore and Ratnakar Bank for capital raising
12/21/2014
Thomas Kwok, the billionaire co-chairman of Sun Hung Kai Properties Ltd. (16), was convicted of conspiring with Hong Kong’s former No. 2 official to commit misconduct in public office. His younger brother, Raymond Kwok, was cleared of all charges.
12/20/2014
Kuwait News Agency Japan's central bank decided on Friday to maintain its current monetary easing measures and left unchanged its assessment of the country's economy.
12/19/2014
Anti-graft officials in Hong Kong raided a residential property belonging to a senior executive at financial services firm Guotai Junan International Holdings.
12/19/2014
Clive Palmer's media adviser and confidant Andrew Crook has been granted bail after being charged over the alleged unlawful detention and coercion of a National Australia Bank executive on an Indonesian island.
12/19/2014
While it found no evidence of benchmark rigging or collusion by banks, the HKMA did point to two failed attempts by Hong Kong-based traders to manipulate the benchmark.
12/18/2014
Withers enters a competitive and growing legal market of serving private clients
12/18/2014
FMC had in Sept commissioned KPMG to conduct the audit after it found that Sheth was allegedly siphoning money from the exchange
12/17/2014
Asian central banks have ramped up their intervention in currency markets to stem the sell-off roiling emerging markets, testing the notion that the region is better placed to handle a market rout than during its 1997-1998 financial crisis.
12/17/2014
The chairman of listed investment company CVC, Vanda Gould, set up a bank in the secretive financial centre of Samoa structured to get around Australian tax law
12/16/2014
A surprise interest rate hike by the Russian central bank late Monday night left analysts debating whether such "panicked" moves by officials have any genuine impact.
12/15/2014
The capital market regulator has plugged the loophole that allowed savvy mutual fund investors to lower tax by bonus stripping.
12/15/2014
Regulatory Analysis Team Wins “Best Editorial Team” at 11th Annual Compliance Register Platinum Awards
12/15/2014
Burgeoning bad debts in public sector banks has prompted an employees union to file a public interest litigation seeking the Bombay High Court’s ‘interference and directions’ for effecting loan recoveries.
12/14/2014
After a year of turmoil in financial advice, big banks are supporting the creation of a public adviser register, more disclosure of licence ownership, and tighter rules on who can call themselves an adviser.
12/12/2014
Regulators in China are considering restricting individual investors from buying corporate bonds rated below the top grade as policy makers seek to shift away from a “too small to fail” mentality