The new framework will impose higher capital charges by applying higher risk weights on mortgage loans that are seen as more risky, especially interest-only or investor loans.
Grace Chong at global law firm Simmons & Simmons analyses the implications of MAS' Individual Accountability and Conduct Guidelines, and sets out the practical steps to be taken.
An FSA report which highlighted the insufficiency of Japan's pension system has been withdrawn by the government ahead of a national election.
The FSC has approved six more fintech services for the regulatory sandbox, bringing the total number of approved companies to 32.
GDRs issued by Huatai Securities will be admitted to the Shanghai-London Stock Connect segment of the LSE on 20 June, when trading will commence.
The proposed plan will allow Hong Kong insurers to set up offices in Guangdong and Macau, part of a large integration plan for the Greater Bay Area.
'Bursa Anywhere' allows individual investors to manage their share depository account on their cellphones.
ASIC is satisfied that Commonwealth Financial Planning has completed the necessary steps to address a service model that charged fees for no service.
Remittance firms will be prohibited from issuing advances to individuals starting September this year, ahead of the Payment Services Act entering into force.
New data from the OECD indicates that Hong Kong and Singapore are adhering to tighter global standards on tax transparency.