Monetary

The latest compliance news: regulatory developments, punishments, guidance, permissions, new product and service offerings. Hong Kong The Financial Services and the Treasury Bureau and the Hong Kong Monetary…

On July 5, 2024, the Hong Kong Monetary Authority (HKMA) announced that it had imposed a pecuniary penalty of HK$10,000,000 ($1.3 million) on DBS Bank (Hong Kong) for contraventions of the Anti-Money…

Editorial Staff 6 November 2023 The latest compliance news: regulatory developments, punishments, guidance, permissions, new…

LEO(Jul 23-Aug 23) Today, some of you may face challenges in your expert life. Professionally, some Leos may not get favour from superiors. Bide your time, things will improve shortly. Focus on the task at hand to ensure a hassle-free…

Japan's national flag flies atop the Bank of Japan building on November 12, 2019 in Tokyo, Japan.Tomohiro Ohsumi | Getty ImagesJapan's central bank is nearing an inflection point.It comes as policymakers around the world scramble to…

A view of Hong Kong. Photo: VCG"It is important to maintain economic and financial stability during this difficult period, especially as the external environment is also changing rapidly, and guarding against sudden reversals in…

The problem is that the alternative to a Fed response is, at the moment, not obvious. The Biden administration’s attempts at tamping down price increases — longer port hours, release of strategic petroleum reserves, calling out corporate…