All posts tagged "UBS"
-
584Hong KongHong Kong Anti Covid Restrictions Take Toll on Banks
Banks including Goldman Sachs, Bank of America, Morgan Stanley and UBS are struggling to bring key executives into Hong Kong due to flight bans.
January 18, 2022 -
608EuropeBIS, SNB, SIX Complete wCBDC Integration Test with Bank Systems
In the second phase of Project Helvetia, a wholesale CBDC was used to test settlement of interbank, monetary policy and cross-border transactions with banking systems.
January 14, 2022 -
142ChinaUBS, China Life to Set Up Asset Management JV – Report
China Life and UBS have reportedly signed an MoU to set up the joint venture, though the formal launch will be subject to approval from the CBIRC.
December 21, 2021 -
302Fintech / RegtechBIS Concludes wCBDC Experiment with French, Swiss Central Banks
Under Project Jura, tokenised assets and foreign exchange transactions were settled safely and efficiently using PvP and DvP mechanisms, the BIS said.
December 9, 2021 -
980AML / KYCHKMA Penalises Four Banks for AML Violations
ICBC (Asia), UBS, CCB (Asia) and CTBC Bank were fined a combined HK$44.2mn for deficiencies in customer monitoring, periodic reviews and due diligence.
November 22, 2021 -
238InternationalCLS, Global Banks Collaboration on PvP Settlement in FX Market
Twelve global banks are participating in a pilot to evaluate potential PvP solutions for currencies that are not currently eligible for CLSSettlement.
September 15, 2021 -
846Asia-PacificPhilippine Banks Adopting Global Best Practices in FX Settlement
Jimmy Ho and Sammie Chan discuss Metrobank’s adoption of PvP settlement and how it reflects a broader trend in the Philippine banking industry.
September 14, 2021 -
520Big PictureMost Green Investment Funds Missing Paris Goals
New analysis says majority of climate-themed investment funds are not living up to claims, calls for increased regulatory oversight.
September 2, 2021 -
315ChinaJP Morgan Approved to Take Full Ownership of China Securities Unit
JP Morgan already had a controlling stake in the unit. The new approval makes it the first foreign firm to fully own a securities venture in China.
August 8, 2021 -
435Enforcement
Hong Kong SFC Fines UBS Over Regulatory Breaches
The breaches involve research report disclosures, telephone recordings, client derivatives knowledge assessments, and structured product sales.
August 4, 2021
