04/11/2024
HashKey Upgrades Hong Kong License for Retail Access
HashKey Capital has managed over $1 billion in client assets since its inception with over 500 investments in infrastructure, tools and applications.
Legal, Regulation & Compliance
04/11/2024
Appleby's Hong Kong office advises Hotel101 on it's proposed USD2.3 Billion de-SPAC business combination with JVSPAC
The transaction is anticipated to be finalised in the second half of 2024
04/10/2024
MAS and Mastercard Sign MoU to Enhance Cooperation in Cybersecurity
This collaboration is a significant step in that direction, and we are delighted to be the chosen partner for MAS.
04/10/2024
Singapore to repeal Registered Fund Management Companies Regime
This move aims to streamline regulations for fund managers.
04/09/2024
UBS has considered an alternative for CS business in China
The major Swiss bank could sell its majority stake in the Credit Suisse (CS) securities trading joint venture in the People's Republic directly to a local government fund.
04/08/2024
Singapore Hands Down Second Conviction in $2.2 Billion Money Laundering Case
The authorities have also ordered the confiscation of over S$166 million ($123 million) in assets that had been seized from Su, his spouse, and his businesses.
04/04/2024
Carey Olsen partners star in China Business Law Journal's A-List
The A-List is based on the nominations of thousands of in-house counsel and partners in China and around the world
04/04/2024
Singapore Laundering Case Delivers First Conviction
Investigations also found Su’s involvement in an unlawful remote gambling business based in the Philippines with proceeds that were used to purchase a Mercedes Benz.
04/04/2024
Brunei Darussalam Central Bank and Bank of the Lao PDR Formally Join the Regional Payment Connectivity Initiative
Meanwhile BOL signed the third supplemental pages of MOU RPC on 3 April 2024
04/03/2024
MAS Expands Scope of Regulated Payment Services; Introduces User Protection Requirements for Digital Payment Token Service Providers
These amendments will take effect in stages from 4 April 2024.
04/01/2024
ASIC wins first greenwashing civil penalty action against Vanguard
ASIC Deputy Chair Sarah Court said, ‘By Vanguard’s own admission, it misled investors on a number of its claims.
04/01/2024
MAS Launches COSMIC Platform to Strengthen the Financial System’s Defence Against Money Laundering and Terrorism Financing
The Financial Services and Markets (Amendment) Act 2023 and accompanying subsidiary legislation, which set out the legal basis and safeguards for such sharing, commenced on the same day.
04/01/2024
Asia-Pacific bank capital raises hit 4-month high on TLAC demand in China
China's banking regulator allows lenders to issue total loss-absorbing capacity
04/01/2024
Digital offerings like EzyWasiat strengthen Maybank Islamic Wealth Management
A holistic, end-to-end suite of Shariah-compliant wealth management offerings gives Maybank Islamic an edge with customers.
03/28/2024
SMBC Secures Approval For GIFT City Branch in India
The new branch will focus on the foreign currency-denominated lending business to clients in India.
03/27/2024
Clyde & Co offers Credit Suisse AT1 bondholders opportunity to seek effective public international law remedy
Clyde & Co is now planning to launch a series of investment arbitration claims
03/27/2024
It's finally here – BNPL to be incorporated into the existing consumer credit regulatory framework
Treasury consultation on the proposed reforms is open until 9 April 2024.
03/27/2024
Asset managers eyeing investment opportunities in growing Chinese Mainland market, says KPMG China
Hong Kong government continues to introduce new regulations to build a healthier and more stable asset management ecosystem
03/26/2024
IFPHK and FPSB China Sign Cross-Border Collaborative Agreement
The signing ceremony was attended by distinguished delegates
03/26/2024
BEA Partners with PAOCCRA to Enhance Loan Approval Efficiency
The approval process is as quick as three working days