Asia
Singapore signs up for IMF financial stability
Singapore’s financial regulator and central bank has said the country will participate in the International Monetary Fund’s Financial Sector Assessment Programme in 2013.
friends life sells 30 malaysia insurer stake back
Resolution Ltd’s Friends Life subsidiary has sold its 30% stake in the Malaysian Shariah-compliant insurance business it acquired in 2008 back to its joint venture partner, AmBank Group.
insurance company and director acquitted
An insurance company and one of its directors in Hong Kong have been acquitted of aiding and abetting unlicensed sales of an investment fund.
mas reprimands aon consulting for improperly
The Monetary Authority of Singapore has reprimanded Aon Consulting (Singapore)Pte, part of the London-based insurance and consulting giant Aon plc, for violating regulations covering financial advisers.
mbe to mbmg founding partner macdonald
Graham Macdonald, one of the founders of the Bangkok-based advisory business MBMG Group and its managing director, was awarded an MBE in the Queen’s New Year honours list, published at the end of December.