02/14/2022
AMP, ANZ, CBA, Macquarie, NAB and Westpac (the institutions) undertook the review and remediation programs to compensate affected customers as a result of two major ASIC reviews
02/13/2022
A favourable ruling by the Supreme Court of Bahamas on February 11, 2022, unlocks trust funds, means that UBS can redeem the mortgage on the house and any associated interest.
02/11/2022
Given this, the recent development whereby the regulatory authorities in Singapore are stepping in to commence a review of the practices which the financial industry can put in place to better protect consumers.
02/11/2022
Opening statement by ASIC Chair Joseph Longo
02/11/2022
Representative actions remain a developing area of the law in Singapore.
02/10/2022
The PE Capital Monthly Yield Fund and its three sub-funds and the PE Capital Master Fund were all registered, while the remaining schemes were unregistered.
02/10/2022
The new Hong Kong SPAC listing regime seeks a balance, introducing relatively stringent requirements for the quality of both listing candidates and also de-SPAC targets, addressing the commercial needs of SPAC sponsors whilst also raising the bar in terms
02/09/2022
Thematic topics include climate change policy developments, natural capital, green taxonomies, carbon markets and decarbonisation strategies.
02/09/2022
Mercator by Citco continues to provide updates from across the entire set of jurisdictions that Mercator operates in to help keep our multinational clients informed and remain compliant.
02/08/2022
The police officer later said he drew his baton in an attempt to apprehend a teenager who had jumped a turnstile.
02/07/2022
Only Goldman Banker Standing Trial for 1MDB Finally Headed to Court
Malaysia did not allow the film to be shown in the country, deeming it too risqué.
02/07/2022
Singapore: Combating dilatory conduct and non-participation in arbitration proceedings - The delicate balance
The use of dilatory tactics by recalcitrant parties is a common, if not expected, problem in arbitral proceedings.
02/06/2022
Philippine banks want more laws as cyber-crime losses mount
The bankers’ group is pushing to update a decade-old cybercrime law
02/04/2022
The Consortium also released an open-source toolkit [1] to help FIs adopt the Fairness Assessment Methodology.
02/04/2022
ASIC also focused on raising awareness of new and continuing regulatory obligations.
02/04/2022
MAS is working with the industry to evaluate longer-term measures to be implemented in the coming months, as well as to develop a framework for equitable sharing of losses arising from scams.
02/03/2022
Both sides discussed the implementation of the capital markets collaboration initiatives announced at the recent 17th Joint Council for Bilateral Cooperation between Singapore and China held in December 2021.
02/03/2022
Managers of ESG funds in particular should consider implementing mechanisms to monitor compliance with stated investment objectives, including exposure limits for the funds sold.
02/02/2022
AIRA said this negatively impacted listed companies, limited their ability to communicate which affected long-term relationships and divided the level of information and reward across shareholders.
02/02/2022
It would also consider recommending a vote against the re-election of a board chair if the company had an all-male executive team.