Legal, Regulation & Compliance
-
Indonesian DGT issues guidance on tax treaty benefits
08/18/2017A regulation (PER-08) dated 12 May 2017 sets out rules for Indonesian resident taxpayers to obtain a certificate of domicile (COD) to apply for treaty benefits
-
China regulator says shadow banking crackdown reaches initial targets
08/18/2017Interbank, wealth management products, and off-balance sheet businesses are core problems for the banking sector
-
Changing the cyber game in Singapore
08/17/2017Awareness of cyber insurance is already prevalent in the market.
-
No immediate parliamentary grilling planned for Australia's CBA chief
08/17/2017The committee said Narev will appear before it on Oct. 20 as part of a regular set of hearings that the heads of Australia's "Big Four" banks
-
Aussie Laundering in Hong Kong?
08/17/2017The Sydney-based bank has maintained that an algorithm is to blame for the lapse.
-
MAS slaps two prohibition orders on former OCBC trader
08/17/2017MAS expects all finance professionals to act honestly and with integrity.
-
Growth, inflation to trend higher in next 6-12 months
08/17/2017Most MPC members voted for a rate cut in August owing to low inflation momentum and signs of weaker growth.
-
China's Anbang Hits a Wall in South Korea
08/17/2017Anbang is among a handful of big private conglomerates Chinese regulators have targeted over their overseas acquisitions.
-
Captive insurance industry at turning point, says Bank Negara governor
08/17/2017Prudential and market conduct regulations intended for the protection of the general public were applied equally to traditional and captive insurers.
-
Hong Kong under the spotlight in Australian money laundering case
08/16/2017Case filed against Commonwealth Bank of Australia claims laundered cash was transferred to Hong Kong accounts and that three arrests have already been made in the city
-
China asset managers reactivate QDII products to meet demand
08/14/2017The ensuing quota drought resulted in a number of QDII funds.
-
PBOC to boost coordinated oversight of key financial firms
08/13/2017The report is mainly a review of monetary policy conducted in the second quarter.
-
Reserve Bank raises money-laundering questions over ATMs
08/13/2017It is up to individual banks to decide how much money they will allow to be deposited via their ATMs.
-
Chinese accountants see rising demand for ‘green’ certification work in wake of food scandals
08/13/2017Another driving force behind the trend is the issuance of green bonds.
-
Legal action against Australian bank could affect NZ
08/12/2017It could put more pressure on local banks and other companies to address the risks of climate change to their business.
-
United Bank of India slips into red with Rs 211 crore net loss in Q1
08/12/2017It stood at Rs 12,164.90 crore against Rs 10,116.13 crore during the two periods compared.
-
Taiwan:Regulator urged to act boldly to promote insurance access
08/11/2017The Amcham Taipei Insurance Committee says that its main theme is the need for increased insurance protection for individuals and families in Taiwan.
-
HK Banks better regulated
08/11/2017Meanwhile, OCBC Wing Hang Bank reportedly plans to expand its presence in the Greater Bay Area
-
MAS, CAD warn about investment schemes based on digital coins and tokens
08/10/2017The CAD and the MAS advise consumers to be mindful of potential risks of digital token and virtual currency-related investment schemes.
-
SEBI bans trading on 331 'shell' cos
08/09/2017The government has been taking on shell companies suspecting irregular transactions after a ban on high-value currency bills late last year