02/19/2019
MAS Enhances Supervisory Toolkit Governing Fund Managers
The ongoing push for more transparency and disclosures across fund managers and funds have exerted a downward pressure on fees
02/19/2019
The ongoing push for more transparency and disclosures across fund managers and funds have exerted a downward pressure on fees
02/19/2019
Hong Kong has gazetted an Amendment Ordinance empowering the Financial Reporting Council as an independent oversight body for the HKICPA and auditors of listed companies.
02/19/2019
Solomon says bank will use 'different lens' when doing business in emerging markets
02/19/2019
Merchants Bank issued WMP to funnel money to MP & Silva deal
02/19/2019
The SFC’s investigation revealed that between November 2014 and December 2015, Guosen had processed 10,000 third party deposits totalling approximately $5 billion for more than 3,500 clients.
02/18/2019
The bill increases the maximum prison penalties ASIC can pursue to 15 years, for serious offences including breaches of director’s duties, false or misleading disclosure and dishonest conduct.
02/18/2019
The risk here, of course, is that the big four audit firms now fail to fearlessly scrutinise the accounts and risks of the corporations that they audit
02/18/2019
Several foreign banks have shown interest to open either a branch or subsidiary in the Philippines
02/18/2019
The move would result in about $10 million of lost earnings to AMP's wealth management business in the 2019 financial year
02/17/2019
Educate, prepare and consolidate.
02/17/2019
Perpetual bond issuance “is only one breakthrough” in reducing capital constraints
02/17/2019
The central bank began offering sovereign sukuk-backed securities, known as Sukbi, to conventional and sharia banks from last year and the instrument has found favour with the banks.
02/15/2019
Based on a survey of more than 100 senior legal and compliance professionals across the region, many organisations in Asia Pacific were found to be struggling to keep up with new compliance rules.
02/15/2019
The multi-billion corruption and money-laundering investigation was spearheaded by the U.S. and also involved Switzerland and Singapore.
02/15/2019
At the same time, regulatory and compliance costs were mounting and would affect earnings this year, AMP said, as it confirmed a pre-announced 35 percent fall in 2018 underlying net profit to A$680 million.
02/15/2019
ASIC is also considering whether to provide an opportunity for key stakeholders to speak to the Commission at public hearings in addition to making written submissions.
02/15/2019
In a statment Praemium CEO Michael Ohanessian said: "This compares dramatically to traditional wrap platforms that have tried to overlay SMAs into their technical and regulatory architecture."
02/15/2019
Once enforced, EU-based firms and their non-EU-based branches, as well as non-EU-based firms where the transaction is executed by an EU-based branch of the firm, will be obligated to report their securities financing transactions (SFT) to an authorised trad
02/15/2019
Once enforced, EU-based firms and their non-EU-based branches, as well as non-EU-based firms where the transaction is executed by an EU-based branch of the firm
02/15/2019
The final decision on the new ABC chairman rests with Prime Minister Scott Morrison, on the advice of Communications Minister Mitch Fifield.