Thailand: BOT to Revamp Banks’ Reporting Requirements

The reforms will seek to adjust the reporting format to align with international standards, thereby reduce data processing steps for financial institutions and the costs associated with reporting, while increasing reporting efficiency.


Japanese bank makes major voting blunder

The company uses a tallying system dubbed forward processing, in which a postal office will issue a "certificate of delivery" on the date that votes are delivered, with JaSt tallying votes with respect to the date indicated on the certificate.


ASIC Tells Fund Managers To Be True To Label

ASIC examined the appropriateness of the product labels used by the 37 managed funds and assessed whether the funds were described and promoted in a manner that reflects the underlying assets in terms of risk and liquidity.