In 2024, the interbank FX market will be opened to offshore financial firms that become certified as 'registered foreign institutions'.
February 8, 2023The SEC has asked firms including Point72 Asset Management and Citadel to search employees' personal devices for evidence of business dealings via unapproved channels.
February 8, 2023The ECB identified "material shortcomings" in how banks manage counterparty credit risks. Banks should "promptly address weaknesses".
January 19, 2023Taxes will be raised on those who earn over JPY 3 billion through stocks and real estate. A corporate surtax of 4 to 4.5 percent will also be adopted.
December 19, 2022Up to 500 Chinese companies are estimated to have set up in Singapore this year. Meanwhile Hong Kong hedge funds are increasingly setting up operations in the city-state.
December 7, 2022At least 20 alternative investment funds are under scrutiny for practices such as dividend stripping, priority payouts, and opaque valuation policies.
September 16, 2022A new report from BCG and ADDX projects a 50-fold increase in tokenised assets by 2030, bringing the market's value to over $16 trillion.
September 15, 2022The amounts holders of CDS on Russian debt are likely to receive has reportedly dropped by about a third since early June.
September 5, 2022Banks can offer high net worth clients access to uncertified securities investment trust funds from other jurisdictions.
August 23, 2022Firms offering ESG products should expect to be subject to review to ensure marketing materials are not misleading.
August 12, 2022