Asia
Singapore firms could face global regulator probes
International regulators will be allowed to investigate the Singapore-based subsidiaries of multi-national advisory firms under new guidelines set out by the Monetary Authority of Singapore.
Islamic finance key to Asia and Middle East link, says MAS
Ties between the Middle East and Asia could improve by boosting the distribution of Islamic investments, according to the deputy director of the Monetary Authority of Singapore (MAS).
CPA Australia to offer fee-for-service financial advice
CPA Australia, one of the world’s largest accounting bodies, said it will enter the financial planning business to provide transparent, fee-for-service, advice to Australian consumers in 2016.
IFA community called on to embrace regulation in Hong Kong
Financial advisers need to work with regulators to strengthen and simplify educational requirements for the industry, according to participants at the recent Hong Kong Expert Investor Forum.
BNY Mellon abandons Asian platform
American asset manager, BNY Mellon, has decided to shut down its platform for high net worth individuals in Singapore and Hong Kong after just 16 months.