

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


New AI policy to attract family offices to Hong Kong
Hong Kong is introducing a policy framework to promote responsible AI adoption in financial services, a move expected to attract family...
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


Singapore’s digital economy grows 6.6% in 2023
Singapore’s digital economy expanded 6.6% in 2023, contributing SGD113bn, or 17.7% of GDP, according to the Infocomm Media Development...
Oct 29, 2024


Hong Kong eyes AI in finance, extends crypto tax breaks
Hong Kong introduced its first policy guidelines on AI in finance and floated a tax break for virtual assets, aiming to bolster its...
Oct 29, 2024


Global ETF market sets new record with 1,426 launches
The global ETFs industry saw a record 1,426 new product listings in the first nine months of 2024, according to ETFGI. After accounting...
Oct 29, 2024


Citi’s family office head joins Goldman Sachs in Singapore
Goldman Sachs has appointed Jonathan Gan as an executive director in its alternatives capital markets group in Singapore, according to...
Oct 29, 2024


AIA prepares to open branch in China’s Anhui province
AIA Group has secured approval from China’s National Financial Regulatory Administration Anhui Bureau to prepare for the launch of a new...
Oct 28, 2024


Hong Kong, Thailand collaborate on tokenisation projects
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) have announced a collaboration to explore cross-border...
Oct 28, 2024


OCBC Malaysia pushes ‘double green’ investment banking strategy
OCBC Malaysia, encompassing OCBC Bank (Malaysia) Bhd and OCBC Al-Amin Bank Bhd, is embracing “double green” as its investment banking...
Oct 28, 2024


SK chief Chey Tae-won to lead 2025 APEC CEO summit
SK Group Chairman Chey Tae-won will preside over the 2025 APEC CEO Summit, held alongside the APEC leaders’ summit in South Korea, the...
Oct 28, 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


Global risks prompt calls for portfolio diversification
Global economic risks are mounting due to the US election, China’s uncertain economic recovery, and broad geopolitical tensions,...
Oct 25, 2024


Cybersecurity failures leave Hong Kong's financial system vulnerable
Hong Kong’s financial institutions are facing mounting challenges as investigations expose significant gaps in Anti-Money Laundering...
Oct 25, 2024


IMF projects 6.1% growth for Vietnam in 2025
The International Monetary Fund's (IMF) updated World Economic Outlook 2025 projects Vietnam's economy to grow by 6.1% next year,...
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


South Korea to maintain investor ties ahead of WGBI debut
South Korea will maintain close communication with global investors to ensure a smooth inclusion in the World Government Bond Index...
Oct 24, 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


Malaysia joins BRICS as alliance grows to 13 new partners
Malaysia has been recognized as one of 13 nations added as partner countries to the BRICS bloc, which now accounts for one-fifth of...
Oct 24, 2024

