All posts tagged "HSBC"
-
410Fintech / RegtechMAS Considers the Value of Allowing Virtual Banks in Singapore
The regulator says it is engaging relevant stakeholders to ascertain the unique value that such virtual bank entrants could bring to Singapore's banking landscape.
May 8, 2019 -
472InternationalSWIFT Launches Payment Investigation, Resolution Capability
The new capability will improve transparency, shorten resolution time and reduce manual intervention to resolve issues that arise along the payments chain.
May 3, 2019 -
725FeatureTechnology to ‘Transform’ a Third of Singapore Finance Jobs – Study
The main effect of technology will be to "transform" jobs in the financial industry, rather than create or destroy them, says an EY study commissioned by MAS and IBF.
April 24, 2019 -
627Enforcement
MAS Bans Former HSBC, UOB Employees for ‘Egregious’ Misconduct
Three individuals have received lengthy bans, in addition to jail terms, for "criminal conduct at the expense of their customers".
April 11, 2019 -
1.3KChinaChina Approves JP Morgan, Nomura Securities Joint Ventures
JP Morgan and Nomura have been given regulatory approval to set up new majority owned securities joint ventures in China.
April 1, 2019 -
670Capital RegulationBritish Banks Can Weather a No-Deal Brexit
While UK banks may not be fully ready to conduct business in EU jurisdictions, from a liquidity and capital point of view they appear well-positioned to weather a no-deal Brexit scenario.
March 13, 2019 -
866EnforcementSWIFT Related Fines Imposed by RBI Total $10mn Across 36 Banks
The number of banks fined by the RBI for failing to integrate their core banking systems with SWIFT has now risen to 36, with fines totaling $10.16mn.
March 11, 2019 -
896Asia-Pacific
SWIFT, SGX, SLIB Join Forces to Test Blockchain Based e-Voting
SWIFT, SGX, and software firm SLIB will collaborate with DBS, Deutsche Bank, HSBC and Standard Chartered to test the use of DLT in e-voting in Asia Pacific.
March 6, 2019 -
544Australia & NZASIC Finalises HSBC’s 2016 Enforceable Undertaking
Under HSBC Australia's remediation programme, the bank offered about A$690,000 in compensation to 104 clients who may have received inappropriate advice.
February 22, 2019 -
1.1KEnforcementS. Korean Regulator Fines Four Global Banks for Rigging FX Derivatives
South Korea’s Fair Trade Commission has fined JP Morgan, HSBC, Deutsche Bank and StanChart a combined $613,000 for rigging forex derivative prices.
January 22, 2019
