08/01/2019
Traditionally, settlement agreements are legally treated as contracts and a party must first sue for breach of contract in order to obtain an enforceable judgment/award.
08/01/2019
Weighing in with the largest advice remediation bill
08/01/2019
Companies from the Cayman Islands and Bermuda currently make up more than 70% of all entities listed on the main board of the Hong Kong Stock Exchange, almost all of which also maintain British Virgin Islands entities as part of their group.
08/01/2019
Plans were first mooted three years ago
07/31/2019
Harneys’ global trusts and private client practice has earned an international reputation for excellence due to its personal, commercially sensitive, and pragmatic approach.
07/31/2019
Conflicted remuneration is where the payment of a benefit to a financial adviser may incentivise them to recommend to a consumer a financial product that may not be in their best interests.
07/31/2019
Hyun is a US lawyer specialized in capital markets and cross border M&A.
07/31/2019
They are usually actively managed funds. Internal market making funds represent approximately 6% of exchange traded products by funds under management.
07/30/2019
It is therefore removing a status that made it possible for European banks to rely directly on those ratings for the issuance of bonds, loans and other debt instruments.
07/30/2019
French media have reported Ghosn was making preparations since around last year to move his tax domicile to Switzerland, which offers preferential tax treatment to the rich.
07/30/2019
When commissions were banned under the Future of Financial Advice reforms in 2013, the legislation provided a carve out for trail commissions paid on existing investments.
07/29/2019
The meetings were set up to discuss DIFC’s strategic plans and the Centre’s roadmap for growth, while exploring mutually beneficial partnerships with Indian firms and financial institutions.
07/29/2019
It has taken action against a number of firms that have missold direct life insurance and CCI.
07/28/2019
In these proceedings, ASIC will allege ANZ was not entitled to charge certain periodic payment fees under the Bank’s contracts with its customers.
07/28/2019
Under the bill, companies and individuals that repatriate their earnings in the first year the law is in effect would be entitled to a tax rate of 8% of the repatriated amount
07/28/2019
The consultation is part of a series of measures undertaken by the Exchange to strengthen and enhance the long-term health, quality and sustainability of the Hong Kong market.
07/26/2019
ECI will collaborate with each of these organisations in the exploration and enhancement of trade and economic cooperation between the UAE and China.
07/26/2019
The Cheers Wallet Engine, powered with Mambu, will further enable the strong adoption by those currently suffering from financial exclusion to not only access mobile payments, but to become an active part of the wider global digital economy.”
07/26/2019
Allocation is made in accordance with the mechanism set out in the Issue Circular dated July 4, 2019.
07/26/2019
"The final sales proceeds are currently expected to be $4.2 billion, subject to completion adjustments," CBA said.