05/10/2020
Carlyle, GIC Back Away From AmEx Global Business Travel Deal
As coronavirus pandemic hits revenue, sellers of the 20% stake are seeking to compel the groups to proceed with the purchase
Legal, Regulation & Compliance
05/10/2020
Honkong’s Wealth Fund suffered a record $11B loss in Q1 due to Covid-19
The outlook is difficult given the pandemic, pace of economic recovery and trade tensions”.
05/10/2020
Crypto Regulatory Clarity in India: The Missing Piece to Mass Adoption
Regulation is one of the biggest hurdles for crypto in India as exchanges continue the legal battle to establish a clear framework.
05/10/2020
UBS seeks China digital bank licence as part of plan to turbocharge growth and slash costs
The Swiss lender is targeting 200,000 wealthy clients within two years after securing a digital bank licence
05/08/2020
Chinese Government Opts for Direct Central Bank Access?
The ban against direct central bank funding exists to curb risks of hyperinflation associated with abundant money supply without real economic growth.
05/08/2020
China’s hard hit travel sector still has value: JPM AM
Certain travel-related companies continue to exist despite the Covid-19 pandemic and they have long-term investment appeal, says a portfolio manager at the firm.
05/08/2020
FASEA extension to pass next week
COVID-19 has arrived at a time when the industry was busy responding to the Royal Commission and working though new education requirements.
05/08/2020
SEC suspends an investment consultant for submitting false bank documents to help a client
Investors are strongly advised not to allow investment consultants or other persons to sign on securities trading orders or other documents for themselves to prevent possible damage.
05/08/2020
ERS paused as AFP investigates fraud
Sukkar said that while the applications being sent to funds are paused, they will resume next week to allow time for a proper investigation.
05/08/2020
China Removes Foreign Investment Threshold on Domestic Securities, Futures
Chinese financial authorities relax controls over foreign institutional investors.
05/08/2020
MAS Launches S$125 Million Package for Financial Institutions and FinTech Firms to Strengthen Long-Term Capabilities
The support package will help to position financial institutions (FIs) and FinTech firms for stronger growth when the threat of COVID-19 recedes and economic activity normalises.
05/07/2020
Bank of China oversteps regulations in passing derivatives off as wealth management. And it’s not alone
Bank of China says it will compensate 20 per cent of investors’ original investments in the oil-linked product, according to investors
05/07/2020
Hoxton Capital granted Australian advisory licence
Hoxton Capital Management is focusing on helping clients who are looking to plan towards retirement (either abroad or in the UK) while working and earning internationally.
05/07/2020
Australia: COVID-19 - Federal Government gives the green light to electronic signing and 'split execution' of documents
The Instrument also modifies provisions of the Act and the Corporations Regulations 2001 to allow annual general meetings
05/07/2020
Malaysia securities regulator allows e-wallet providers to sell investment products
This will open the door for e-wallet or e-payment apps to partner with licensed capital markets service providers to sell investment products to investors.
05/07/2020
Yoma Bank sets the pace as Myanmar's banking sector opens up
Financial deregulation attracts investors from Southeast Asia and beyond
05/07/2020
CBA Approves Half a Billion Dollars in SME Loans
Almost one in five of these businesses are in retail trade (18 per cent) with contruction (16 per cent), accommodation, cafes and restaurants (14 per cent) and business services (12 per cent) also represented.
05/07/2020
United States Reaches Settlement to Recover More Than $49 Million Involving Malaysian Sovereign Wealth Fund
In 2015, the FBI formed International Corruption Squads across the country to address national and international implications of foreign corruption.
05/07/2020
Conyers Wins Offshore Law Firm of the Year and Two Deal Awards at 2020 IFLR Asia-Pacific Awards
These recognitions are encouraging and prove our capability to tackle the most complex and challenging legal matters.
05/07/2020
S. Korea Defers Initial Margin Requirements by One Year
“The decision is on a par with international standards and is based on a review of financial institutions’ preparedness and opinions from the industry,” the FSC said.