All posts tagged "Ant Financial"
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1.4KBig PictureVirtual Banks Could Shake Up Funds Industry – Report
Successful virtual banks are likely to branch out into wealth management services, robo-advisory and fund distribution, says a new Calastone paper.
July 3, 2020 -
507ChinaMAS Seeks Cooperation with China on Green Finance
MAS managing director Ravi Menon suggests that China and Singapore work together to create frameworks for green and sustainability-linked loans, customised for Chinese and Singaporean SMEs.
June 23, 2020 -
1.3KAML / KYCIndia to Tighten KYC Rules for Hong Kong, China FPIs
Alongside stricter KYC procedures during FPI registration, India may set a 10% beneficial ownership cap on foreign investment from China including Hong Kong.
May 27, 2020 -
1.3KChinaFund Houses Plot China Growth Plans After Rules Relaxed
With full ownership now on the table and various alternatives also open, foreign fund groups in China are weighing how to expand into a fast-changing market with lots of potential.
April 22, 2020 -
1.1KChinaGoldman, Morgan Stanley Approved to Control China Securities JVs
The two US banks have approval to raise their stakes in their securities joint ventures to 51%. On 1 April, foreign ownership caps for securities firms and fund managers will be scrapped entirely.
March 30, 2020 -
464MalaysiaMalaysia to Boost Digital Payments with $110m Giveaway
Every Malaysian aged 18 years and above, and earning less than 100,000 ringgit a year, is eligible to receive a one-off 30 ringgit through one of three e-wallet companies.
January 15, 2020 -
1.4KChinaQME to Leverage Blockchain to Standardise Warehouse Receipts
HKEX's Qianhai Mercantile Exchange will use blockchain tech from Ant Financial to provide verifiable warehouse receipts which will help commodities businesses to obtain financing.
January 13, 2020 -
341ChinaPBOC Reverses No Interest Policy for Payments Companies – Report
The PBOC will pay just 0.35% annually on customer money that payments firms hold with the central bank, but the move marks a reversal of an earlier decision to pay no interest.
January 10, 2020 -
1.7KMarket InfrastructureUPDATED – 21 Digital Bank Licence Applications Received: MAS
MAS will announce the successful applicants in June 2020. The new digital bank licencees will be expected to commence business by mid-2021.
January 7, 2020 -
3.5KMarket InfrastructureUPDATED – Known Applicants for Singapore Digital Bank Licences
Grab, Singtel, Razer, Ant Financial, V3 Group, EZ-Link, iFast Corporation, ByteDance, AMTD, Xiaomi, PhillipCapital, Temasek, Enigma Group and Singapura Finance are among applicants.
January 6, 2020
