03/17/2022
The SFC is of the view that Emperor’s conduct was in breach of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, the Guideline on Anti-Money Laundering and Counter-Terrorist Financing and the Code of Conduct (Notes 3 & 4).
03/16/2022
Asian economies that didn’t endorse sanctions, China and India being the largest ones, will still need to comply with sanctions, or they may risk jeopardising their own access to the USD denominated international financial system.
03/16/2022
ASIC Regulatory Guide 270, Whistleblower policies contains guidance and good practice tips on establishing and implementing a whistleblower policy and program.
03/15/2022
Residential mortgage lending remained strong, with both the stock of outstanding loans and new loans funded increasing over the December 2021 quarter.
03/15/2022
Banking
03/15/2022
The transaction was led by Singapore-based private equity partner Robert Elliot.
03/14/2022
Reserve Bank governor Philip Lowe said three months ago he expected banks to hit PayTo deadlines.
03/13/2022
Global Update
03/11/2022
Hong Kong approved the first application for a SPAC listing in January
03/11/2022
ASIC is concerned to ensure members of the relevant funeral funds and their representatives have up to date information to make informed decisions.
03/11/2022
Indonesian taxpayers that are subject to CFC rules should refer to SE-55 for guidance on implementing those rules and assess whether they should revise previous annual income tax returns to align with SE-55.
03/10/2022
The FAQs page published today provides information to assist ADIs to interpret APS 220 and associated reporting standards.
03/10/2022
Under the new rules Chinese NPOs holding more than 1 million individuals’ personal information must apply for a cybersecurity review prior to listing abroad.
03/10/2022
China Issues New Rules on Cybersecurity Review for Network Platform Operators Listing Abroad
Under the new rules Chinese NPOs holding more than 1 million individuals’ personal information must apply for a cybersecurity review prior to listing abroad.
03/09/2022
A team based in the international law firm's Hong Kong practice acted as Cayman Islands counsel to Amber Group, led by Partner, Everton Robertson and assisted by Associate, Jessica Zhan.
03/09/2022
Ms. Birgit Hansl, World Bank Country Manager for Thailand, said: “We are pleased to work with the Securities and Exchange Commission (SEC) on this exciting engagement on the topic of assessing the landscape of Thai securities businesses after COVID-
03/08/2022
Deputy Chair Helen Rowell said the finalisation of LPS 117 was a significant milestone that would strengthen APRA’s oversight of the life insurance industry.
03/08/2022
The FATF also evaluates and monitors member jurisdictions to ensure they implement the FATF Standards fully and effectively.
03/08/2022
Singapore continues to be a welcoming destination for trusted financial institutions seeking to meet the growing demand for regulated digital asset financial services
03/07/2022
The judge also granted a worldwide mareva injunction that freezes up to US$7.09 million of the defendants' assets.