The deal was brokered through a Morgan Stanley money manager and voila, Yusi became a sailing recruit guaranteeing her acceptance, according to accusations.
Before the circular was issued, BSP Deputy Governor Chuchi Fonacier said in a text message non-Filipino citizens were only allowed to be directors of financial institutions to the extent of their foreign equity.
Under the new MOU, more than 180,000 Chinese enterprises under CCOIC can benefit from UOB’s banking expertise and integrated ASEAN network, as well as from SGX’s trusted capital market infrastructure and deep liquidity to venture into Singapor
The industry heaved a sigh of relief at the decision, according to Mazura Mohamed Jamil, a director of the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM).
Eighty percent of the new licences went to non-institutional financial advisers, bringing the total number of registered advisers to 27,211, Rainmaker's Advantage report read