06/17/2021
NAB working with Accenture on massive compliance fix
The National Australia Bank has brought in professional services giant Accenture on a secret project to combat shortfalls in its financial crimes compliance
06/17/2021
MAS has maintained ample SGD and USD liquidity in the banking system through its daily market operations.
06/16/2021
The Singapore Courts might also have been expected to place more emphasis on the buyer’s refusal to comply with procedural directions, including the direction to submit written witness statements.
06/16/2021
ASIC found Mr Hutchison misled or deceived his clients by failing to disclose that they had been charged advice fees twice and failed to comply with the proper process for remitting and reporting the fees.
06/16/2021
The BSC and SCC seek to align the incentives of financial adviser (FA) firms, representatives and supervisors with their customers’ interests, to promote a culture of fair dealing.
06/15/2021
The transaction is a key step in FinClear's plan to enhance its service offering to larger stockbrokers, a key target market within its already diverse client base that includes financial planners, stockbrokers and wealth managers, wealth platforms,
06/15/2021
“So, I just can’t see how that [career break] option applies. Ultimately, we need clarification from FASEA.”
06/15/2021
INFO 256 answers frequently asked questions about the obligations that apply to fee recipients in relation to ongoing fee arrangements, fee disclosure statements (FDSs), and ongoing fee consents.
06/15/2021
As part of the effort to tackle cross-border financial crime, the member nations collaborate internationally to reduce the growing threat to tax administrations posed by cryptocurrencies and cybercrime and to make the most of data and technology.
06/15/2021
The Baker McKenzie team worked closely with Equinix's internal legal team led by Andrew Sterneberg, supported by Truda Agostino for real estate.
06/14/2021
The principles applied by Justice Kawaley in granting the application included that the request must not be a fishing expedition and that the documents sought must be directly material to matters in issue in the proceedings.
06/11/2021
This gives those FFSPs additional time to consider their options and to make a decision about next steps once Treasury’s upcoming consultation is complete.
06/11/2021
The obiter dicta in both cases is consistent with well-established Drax point.
06/11/2021
Group 1 cryptoassets are those that fulfil a set of classification conditions and as such are eligible for treatment under the existing Basel Framework, with some modifications and additional guidance.
06/11/2021
This successful debut issue in the European debt capital markets aligns Worley’s financing with our sustainability strategy and achieves an extension of our long-term debt maturity profile.
06/11/2021
ASIC alleges that Mr Dunkley dishonestly used his position as a director with the intention of directly or indirectly gaining an advantage for himself or someone else.
06/11/2021
The three instruments currently apply to a range of FFSPs until 31 March 2022.
06/11/2021
Mr Hanson has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC’s decision.
06/11/2021
The products regulated are those investing in monetary market instruments only and open for purchases and redemption on every trading day, the statement said.
06/10/2021
The Appleby team was led by Partner Judy Lee, supported by Legal Manager Minnie Choi.