08/01/2022
"The proposed CPS 230 will also help ensure APRA-regulated entities meet the challenges posed by ongoing innovation and technological change in the financial services industry,”
07/29/2022
This second sustainability report by MAS is aligned with the TCFD recommendations - one of the few central bank reports in the world to do so.
07/29/2022
This webinar will be followed up with a BDA mission to Singapore this fall, as part of our broader Asia strategy.
07/29/2022
Four days later, Grant Thornton said in another call that up to 460 employees were to be laid off with immediate effect.
07/29/2022
The firm’s licence has been suspended for six months.
07/28/2022
In an Australian first, ASIC successfully took action in the Federal Court against an entity for failing to adequately manage cyber risk.
07/26/2022
The first of the new publications will be issued in September and will cover aggregate quarterly data on the industry’s structure and profile, member demographics and investments.
07/26/2022
Volt has now completed the process by voluntarily transferring the remaining 441 accounts, with a total deposit value of $113,073, to the National Australia Bank.
07/25/2022
New Mexico-headquartered Thornburg had US$42 billion of assets under management as of June 2022.
07/21/2022
Under the newly added payment arrangement for property transactions (PAPT), bank customers may choose to adopt direct transfer via the interbank payment system for a mortgage refinancing transaction
07/21/2022
The SFC also found that between 3 December 2012 and 26 March 2020, RBC had breached the Securities and Futures (Client Securities) Rules
07/20/2022
This figure is far behind the global trend where markets in Europe and North America have recovered to around 60% of pre-crisis travel mobility levels.
07/20/2022
The company mishandled client assets on several occasions.
07/19/2022
Banque de France’s office in Singapore is its second overseas office, following the opening of a Representative Office in New York office in 2010.
07/19/2022
S is keenly aware of the importance of this framework and will publish the consultation paper as soon as possible.
07/18/2022
Sirius Financial will surrender its licence and wind down retail and wholesale operations and will cease providing financial services on 29 July 2022.
07/18/2022
Islamic banks are growing rapidly all over the world and offer fundamentally different banking products without interest - such as home finance with co-ownership, and savings accounts that pay profit-share.
07/18/2022
When asked if the central bank was still looking at further raising rates at its meeting on Aug. 18, Bangko Sentral ng Pilipinas Governor Felipe Medalla said in a phone message "may or may not"
07/18/2022
The Asia Legal Awards honor the best work in the region and identify the most important transactions and cases with the most complex and outstanding legal work in Asia.
07/15/2022
Satisfied that Allianz has now completed the transformation programs in accordance with the commitments and timeframes set out in the CEU