07/06/2020

The Hong Kong Autonomy Act

The HKAA was passed by unanimous consent, and therefore with veto-proof support, by the Senate and House of Representatives.

07/03/2020

HKSAR National Security Law

Penalties for Secession include life imprisonment, fixed-term imprisonment, short-term detention or restriction, depending on the level of involvement.

07/03/2020

Singapore Banks Join Forces to Reduce Commodity Lending Risk

The statement follows a Reuters report claiming that some 20 banks in Singapore including HSBC, DBS and OCBC had set up a working group to propose new guidelines to improve lending practices and transparency for the commodity sector.

07/02/2020

AFCA sees 14% rise in complaints

About 73% of complaints were settled by agreement or in favour of the complainant, with banks being the most complained about financial institution.