Commentary

The “defenses” to protecting your money

Businesses’ “three lines of defense” may not be strong enough to withstand the next lapse of controls.

The “defenses” to protecting your money

Businesses’ “three lines of defense” may not be strong enough to withstand the next lapse of controls.

Mind the gap: High-performance IT in financial services

In the financial services industry, the business agenda has firmly moved from survival and cost containment to growth, as firms look to rebuild their earnings models.

China’s hedge funds show promise, development remains slow due to regulatory hurdles

The Chinese banking sector continues to flourish and the number of hedge fund investors is increasing rapidly in the country on the back of its strong economic growth.

Deduction of cost incurred to acquire treasury share under an employee share scheme

Back in the 2005, the Singapore Companies Act was amended to allow companies to hold its own shares in treasury.

Bank losses under scrutiny

Since the global financial crisis, tax authorities globally have been carefully monitoring compliance risks from planning activities associated with the use of tax losses by banks.

Foreign-Invested Partnerships: New vehicles for private equity investments in the PRC

Several foreign private equity investors set up their investment vehicles in China in the form of "foreign-invested partnerships".

Social media – an opportunity for transaction banks

The current interest rate environment in many parts of Asia has been forcing the transaction banks to explore way to accelerate growth of their fee based income.

Indonesia issues a Merger Control Regulation

The recently issued "Merger Control Regulation" introduces new notification requirements for mergers, consolidations or acquisitions in Indonesia.

Issues raised by the SPC’s recent judicial interpretation on FIE Disputes

On August 5, 2010, the Supreme People’s Court of the People’s Republic of China issued the Provision on Several Issues on the Trial of Disputes Involving Foreign Invested Enterprises.

Businesses in the Asia-Pacific Region are recovering from the shocks to the Global Economy

The latest ICAEW Global Enterprise Survey suggests businesses in the Asia-Pacific region are recovering from the shocks to the global economy.

Moving towards a tax level playing field for Islamic finance

The review of tax treatment of Islamic Finance products is one of the main tax recommendation of the Report on Australia as a Financial Centre.

The world after the G20 Summit in Seoul

Progress on financial reforms was made in Seoul but diverging national approaches are in evidence.

Basel III and its implications for the world banking system

Financial institutions around the globe watched closely on the G20 Seoul Summit.

South East Asian Economies Must Scale Up for Growth

The South East Asian countries are on a journey from agriculture and industry to value-added services. To reach their destination, they are looking to increase both inward and outward investment. That, in turn, requires a significant increase in finance professionals.

Watch out for Bank Levy

Although Australia has specifically rejected the idea of a global bank levy to help defray the costs of past and future financial sector bailouts, local institutions could still be caught by bank levies imposed elsewhere.

Life insurance sales more attractive to job seekers

According to recruiting experts Hays, a career in life insurance sales is now considered more attractive to job seekers, but employer inflexibility is holding businesses back from securing talented and eager candidates. Chris Mead, General Manager of Hays in Singapore, has this update.

Technology offers banks a path towards global competitiveness

Asia-Pacific a green field for banking technology adoption.