Asia
Fin holding cos under MAS purview
Singapores regulatory authorities are working on norms that would bring financial holding companies under its ambit as it seeks to enhance the regulatory framework for combating money laundering and terrorism financing.
Thai investors to complete mandatory suitability
Thailands capital market regulator is to make all investment companies ensure clients complete a suitability test before they are allowed to invest in any capital market products.
Dai ichi confirms Protective Life acquisition
Japans Dai-ichi Life Insurance Company has confirmed plans to acquire US-based Protective Life Corporation.
Hong Kong starts legislative debate for new
Lawmakers in Hong Kong have started to debate details of a bill which is expected to establish an Insurance Authority next year as part of a major reform of the insurance industry.
Dai-ichi Life Insurance considers purchase of US
Tokyo based insurer Dai-ichi Life is reportedly making plans to acquire Protective Life, a midtier US insurance company.