Compliance

How outrage over Australian banks sparked inquiry

SYDNEY • Rigging interest rates. Enabling money laundering. Giving misleading financial advice.
These are just some of the things Australian banks ...

More company directors hauled to court for not paying taxes

If you own a 20% or more stake in a company, you will be deemed personally responsible for taxes due
by HABHAJAN SINGH / pic by TMR  Company ...

Richard Yu made CEO of Malaysian Timber Council

by TMR
MALAYSIAN Timber Council (MTC) acting CEO Richard Yu Tuan Chong (picture) has been appointed as the council’s CEO effective March 13. In a ...

Public policy looks deceivingly simple, but it’s complicated

Policymakers must not be afraid of instituting bold policies if they are deemed necessary, says BNM governor
by HABHAJAN SINGH / pic by TMR file What ...

Bitcoin’s wildest days are over as regulators circle

by BLOOMBERG
HONG KONG • It took one of the wildest investment manias in history to jolt them into action, but governments around the world are finally ...

South Africa needs audits to halt graft, National Treasury says

By BLOOMBERG
JOHANNESBURG • South Africa should more closely monitor the activities and financial dealings of senior civil servants if President Cyril ...

Let’s get financial practitioners duly certified

Automatic exchange of information today means tax compliance is high on agenda, according to forum
By HABHAJAN SINGH / Pic By HUBBS ...

MGM Resorts opens for Macau holiday players

Despite uncertainties over Macau’s future, the RM13.4b resort capitalises on the booming tourism demand during CNY
by BLOOMBERG HONG KONG • MGM Resorts ...

Credit Suisse seen posting trading losses, lower capital buffer

by BLOOMBERG
ZURICH • In his first two years running Credit Suisse Group AG, Tidjane Thiam has been putting out res. Today, there’s still smoke. The ...

Stopping corporations from artificially moving profits to no tax jurisdictions

Malaysia signs OECD-led BEPS Multilateral Convention, bringing total signatories to 78
by HABHAJAN SINGH / pic source: OECD Malaysia has joined ...

An ugly bank bail-in shows why EU may have to rethink its rules

by Frances Schwartzkopff / BLOOMBERG
IN THE world of bank regulation, Denmark’s claim to fame is that it’s the home of Europe Union’s (EU) first ...

Cryptocurrency markets aren’t all the same

There are different categories of digital coins namely those designed for ICOs and those minted for blockchain-based transaction, among others
By ...