A group of senior representatives from Hong Kong and Australian banks met to review developments in the Renminbi (RMB) business and consider ways to strengthen RMB products and services, with a view to facilitating greater participation of corporates and other...
The Securities and Futures Commission (SFC) has reprimanded and fined Deutsche Bank HK$1.6 million for regulatory breaches and internal control failings.
South Korea needs to strengthen the independence of its financial authorities to ensure the safety and soundness of its financial sector, said the International Monetary Fund.
Japan’s ruling Liberal Democratic Party will urge government to establish “super regional banks” to help revitalize the economy during the nation's unorthodox bid to beat deflation.
Malaysia's Audit Oversight Board urged audit firms to ensure quality of audit procedures.
A survey by the Financial Markets Authority has found more people are confident in New Zealand's financial markets, but half are still unsatisfied with investment material companies give clients.
The country's weakening property market poses risks to the banking system, an official with the China Banking Regulatory Commission (CBRC) said.
India's 15 regional stock exchanges (RSEs) are opting to exit the business as the deadline to meet new net worth and trading norms nears.
The China Securities Regulatory Commission (CSRC) is planning about 100 initial public offerings (IPOs) from June to the end of 2014 as the government moves to revamp its IPO rules.
Bank Negara expressed concern that criminal activities in the money services business could adversely impact socio-economic development, after Malaysia recorded an illicit outflow worth RM174 billion based on a Global Financial Integrity (GFI) report last year.