SGX, ICBC and the CCDC will explore the development of new index fund products using newly-launched China Bond Indices as the underlying, to be listed in Singapore.
November 27, 2019The addition of Toronto Dominion to the list brings the overall number of G-SIBs from 29 to 30. Deutsche Bank was moved to a lower bucket within the list.
November 23, 2019Gu Guoming was reportedly found to have been involved in ‘serious corruption’, taking “an extremely large amount” of bribes and using his position to seek benefits for friends and relatives.
November 21, 2019Two operators of an SME conspired to defraud DBS Bank, HSBC, ICBC, Dah Sing Bank, Wing Hang Bank, the Trade and Industry Department, and the Hong Kong Mortgage Corporation.
October 28, 2019The current and former Shanghai chiefs of Ping An Bank and the Suzhou branch head of China Guangfa Bank are assisting in an anti-graft probe linked to former CSRC chairman Liu Shiyu.
October 23, 2019The former supervisor of ICBC’s US broker-dealer unit has agreed to settle charges for failures involving the improper handling of transactions of ADRs.
October 18, 2019Banks with real estate loans exceeding a certain level are being given window guidance telling them to limit lending to property developers and homebuyers.
September 13, 2019The new electronic platform enables banks to obtain and reference data derived from trade permits issued by Singapore Customs to augment their trade finance compliance checks.
September 9, 2019China’s sovereign wealth fund and the Shandong provincial government will invest in Hengfeng Bank, which failed to disclose its financial statements for two straight years.
August 12, 2019China's Central Commission for Discipline Inspection has reportedly opened a corruption probe into the CBIRC's Fujian branch head, Qi Xinzheng.
July 30, 2019