03/25/2021
ASIC considers that the legislative instruments strike an appropriate balance between minimising regulatory burden for the financial advice and superannuation industries and ensuring that consumers receive the information that is relevant to them.
03/25/2021
APRA Deputy Chair Helen Rowell said the completion of Phase 1 would be a major step in APRA’s efforts to lift industry standards and weed out underperformers.
03/24/2021
VASPs engaged in the purchase and sales, exchange and transfer, safekeeping and administration, intermediation and brokerage of virtual assets and virtual asset transactions would be required to comply with the new regulation.
03/24/2021
The report said it forsees FIs embracing remote working as part of their culture and tapping into different areas outside the CBD for workplace options near home.
03/24/2021
The Commercial Affairs Department has seized $100 million of assets from Ng.
03/24/2021
Indemnity types should also be clearly distinguished to reflect the difference in risk profile of the underlying exposures.
03/24/2021
While central banks are clearly not responsible for today’s investment decisions
03/23/2021
The details of the ‘no action’ position will be made available over the coming days and will include guidance around the appropriate approach to conducting virtual meetings.
03/23/2021
The central bank said the credit controls aim to stem property speculation by highly leveraged borrowers, and would not affect people with real demand or urban renewal projects.
03/23/2021
AmBank said it had received notification from the three senior officers on share sales, but did not reveal the receipt date.
03/22/2021
"These actions look quite reasonable."
03/22/2021
The comments were published by the PBOC on Sunday.
03/22/2021
The SC did not say why the new plan covers a much shorter duration
03/22/2021
ANZ also settled court action with ASIC in 2017 for a confidential and in-principle agreement and in 2018, Westpac was ordered to pay $3.3 million for contravening the ASIC Act in the BBSW saga.
03/22/2021
The MoUs could assist the partner banks in identifying infrastructure-related loan assets for the HKMC, and would further the mandates of the HKMC’s Infrastructure Financing and Securitisation business to fill the infrastructure financing market gap
03/22/2021
INFO 250 outlines ASIC’s approach to giving licensees information about a representative.
03/22/2021
JP Morgan Asset Management plans to take a 10% stake in CMB Wealth Management.
03/19/2021
Five development projects worth RM9.63 mln for Labuan in 2021
The new project for this year will be the new cell sanitary landfill and upgrading works on the leachate treatment plant worth RM2 million, revised from the estimated cost of over RM31.68 million.
03/19/2021
Hong Kong bankers work around the clock as IPOs, SPACs surge
Companies are trying to “get the deal done as soon as they can,” said Stephanie Tang
03/19/2021
Banks should pay advice exit levy: TAA
TAA chief executive Neil Macdonald said the ASIC levy is only being charged to those who are choosing to remain in the industry.