News

‘Omniaccess’ is the strategic imperative for banks in the 2020s -

Forget open banking — it’s all about open commerce –

The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more

EU sets out bold new approach to AML

EU sets out bold new approach to AML

The European Commission set out an ambitious package of legislative proposals on July 20 outlining how the bloc plans to step up its efforts to tackle financial irregularities following a series of scandals. The measures include the establishment of a new anti-money laundering authority (AMLA) that will have direct supervisory powers and will seek to … Read more

When complete the Temburong Bridge in Brunei will be 30km long

Sustainable banking puts purpose beyond profit

When complete the Temburong Bridge in Brunei will be 30km long&nbsp Author: Ti Eng Hui, CEO, Baiduri Bank July 22, 2021 Established in 1994, Baiduri Bank is a full-service bank serving individuals, business, corporate and institutional clients in Brunei – while its wholly owned subsidiaries Baiduri Finance and Baiduri Capital specialise in consumer financing and … Read more

The changing climate of central banking

The changing climate of central banking

Nearly everywhere one looks nowadays – newsrooms, corporate manifestos, and government agendas – climate change has moved from the fringe to centre stage. And central banks, after standing on the sidelines for so long, have recently begun to play a starring role. The Bank of England (BOE), for example, just became the first central bank … Read more

The changing face of correspondent banking -

The changing face of correspondent banking –

The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more

Macau’s development of the ‘smart city’ still on track

Macau’s development of the ‘smart city’ still on track

&nbsp The broad impact and long duration of the COVID-19 pandemic has dealt a severe blow to Macau’s service-export-oriented economy. Affected by travel restrictions and social distancing measures, GDP fell by more than 50 percent in 2020 and visitor arrivals decreased by 79.6 percent in the fourth quarter. Nowadays, the economy is still on a … Read more