

Singapore's life insurers maintain strong capital buffers
Singapore's nine key life insurers are maintaining healthy capital buffers, with almost all achieving capital adequacy ratios (CAR) of at...
Nov 5, 2024


Malaysia orders audit into Khazanah's loss-making investment
Malaysian Prime Minister Anwar Ibrahim has ordered sovereign wealth fund Khazanah Nasional Berhad to conduct an internal audit over...
Nov 4, 2024


Thailand directs digital asset operators to combat money laundering
Thailand’s Securities and Exchange Commission (SEC) has instructed digital asset operators to file suspicious transaction reports to...
Nov 1, 2024


Asia-Pacific tax officials meet in Seoul to boost cooperation
Top tax officials from 18 countries began a four-day meeting in Seoul for the 53rd annual gathering of the Study Group on Asia-Pacific...
Oct 31, 2024


MAS launches global finance, technology network to boost Singapore fintech
The Monetary Authority of Singapore (MAS) announced the creation of the Global Finance & Technology Network (GFTN) to enhance Singapore’s...
Oct 31, 2024


AS fines SG firm over suspicious transactions
The Monetary Authority of Singapore (MAS) fined Atrium Asia Investment Management (AAIM) SGD1.9m for violating anti-money laundering and...
Oct 30, 2024


Bangkok Bank eyes virtual licence with key partners
Bangkok Bank (BBL) is optimistic about securing a virtual bank licence, leveraging the capabilities of its consortium partners. The...
Oct 30, 2024


Hong Kong hosts three major regional finance events in last week of October
The final week of October sees Hong Kong attract regional and international asset managers and private wealth executives with three...
Oct 25, 2024


Taiwan FSC eyes rule revisions after banks, insurers complain
Taiwan’s Financial Supervisory Commission (FSC) is reviewing its regulations following criticism from local banks and insurers over...
Oct 25, 2024


Hong Kong targets unlicensed auditors in new crackdown
Hong Kong will introduce two new measures by March aimed at curbing unlicensed auditors and agents, Secretary for Financial Services and...
Oct 24, 2024


China conducts first SFISF operation worth CNY50bn
The People's Bank of China (PBOC) has executed the first operation of the Securities, Funds and Insurance Companies Swap Facility...
Oct 24, 2024


Thailand seeks Hong Kong partnership to develop financial hub
Thailand is pursuing a partnership with Hong Kong to collaborate on developing a financial hub serving as a gateway to ASEAN markets,...
Oct 21, 2024


HK’s Chief Executive 2024 Policy Address supported by Raffles Family Office
Hong Kong Chief Executive, John Lee Ka-chiu, has released The Chief Executive 2024 Policy Address on 16 October in which enhancements...
Oct 18, 2024


Chinese bankers exit finance amid tough regulations
Disillusioned Chinese bankers and fund managers are leaving the finance sector, where government regulations and campaigns like "common...
Oct 18, 2024


China enforces tax on ultrarich's overseas investment gains
China has begun enforcing a long-overlooked tax on overseas investment gains made by the country's ultra-wealthy individuals, according...
Oct 16, 2024


Singapore blocks Allianz's USD1.7bn acquisition of Income Insurance
Singapore's government has blocked Munich-based Allianz SE's proposed SGD2.2bn (USD1.7bn) deal to acquire a majority stake in Income...
Oct 15, 2024


HKEX chairman unveils financial literacy initiative
Hong Kong Exchanges and Clearing (HKEX) chairman Carlson Tong Ka-shing announced plans to boost financial literacy education to...
Oct 10, 2024


Singapore enhances anti-money laundering framework
Singapore’s Inter-Ministerial Committee (IMC) has released a report outlining enhanced strategies to strengthen the nation’s anti-money...
Oct 9, 2024


Thailand poised as SE Asia’s digital hub with major investments
Thailand is set to become a digital economic hub in Southeast Asia, driven by the expansion of domestic data centres and cloud services,...
Oct 4, 2024


Bursa Malaysia reviews listing rules
Following the launch of Malaysia’s National Sustainability Reporting Framework (NSRF), Bursa Malaysia Securities Berhad is revising its...
Oct 2, 2024

