08/16/2019
Government fund seeks investment manager
ABSF will aim to lend $2 billion over time to lenders providing loans to small and medium business owners.
Legal, Regulation & Compliance
08/16/2019
Partner got huge secret pay-off after accusing Clifford Chance of doctoring his appraisal
He also alleged that the report included other justifications for reducing his pay which were never presented to him during his appraisal, said a source.
08/16/2019
Hong Kong Regulator Probes Citic for Offshore Financing
In an inquiry, Citic Bank International said there were no investigations into its offshore financing activities, adding that it always operates in compliance with relevant laws and regulations.
08/15/2019
The Macallan ALB Hong Kong Law Awards 2019
The firms leading the nominations are Baker McKenzie, Herbert Smith Freehills, King & Wood Mallesons, and Mayer Brown, with all of the finalists in more than 15 categories.
08/15/2019
MAS slaps ban on 3 Singaporeans jailed for insider trading
They are also prohibited from taking part in the management, acting as a director or becoming a substantial shareholder of any capital markets services firm under the SFA
08/15/2019
Lux Realtor: Hong Kong’s Wealthy Fleeing to Avoid China
Mermelstein’s underlined that some of his Hong Kong clients were first-generation mainland Chinese immigrants seeking stability but are now keen to distance themselves from China to protect their wealth and families.
08/15/2019
OnePath enhances OneView Life
OnePath head of propositions and group life Gerard Kerr said the changes show OnePath is serious about investing to ensure a solid partnership with advisers.
08/14/2019
Carey Olsen shortlisted for two offshore awards in Asia
Winners of the China Law & Practice Awards will be announced at a ceremony at Kerry Hotel Beijing on Thursday 19 September
08/14/2019
Eastspring set to buy Thanachart Fund Management
It will be the second purchase of a Thai asset manager within a year by the Singapore-based firm.
08/14/2019
Hong Kong’s financial technology is getting traction
In fact, Hong Kong is one of the five ecosystems with the fastest-growing number of startups in the world.
08/13/2019
Sebi imposes ₹40 lakh penalty on Indore based investment advisory firm
According to Sebi’s adjudication order, StarIndia committed 3 types of violations.
08/13/2019
Westpac wins out over ASIC on responsible home loan case
Today, Justice Perram dismissed ASIC's case against the bank, awarding costs against the regulator and leaving it negotiating with Westpac over the legal bill in reaching the failed settlement.
08/13/2019
MAS steps up scrutiny of shell companies to combat money laundering
Ms Tay told Reuters in an interview, adding that this trend was also noticed in other financial centres.
08/13/2019
Corporate and funds specialist returns to Carey Olsen in Singapore
He has also advised upon significant and high value transactions, including court-sanctioned schemes of arrangement, group restructures and migrations.
08/13/2019
Former financial adviser charged
Companies are required to meet "minimum spread requirements" under ASX listing rules, which ensure companies have at least 300 "non-affiliated" shareholders with at least $2000 worth of holdings each, before its shares can be quoted an
08/13/2019
SE Asia inches toward cannabis legalization
This marks a significant development in a region where many drug offenses still result in life sentences or executions.
08/12/2019
Billion-dollar bond scandal hits Goldman Sachs
It’s a taste of the latest scandal to blacken the name of Goldman Sachs.
08/12/2019
S. Korea’s Financial Regulator to Investigate Banks' Sales of Private Equity Products
Woori Bank and KEB Hana Bank recently put investors at risk of heavy loss by selling DLS products linked to the interest rates in advanced countries, including Germany’s interest rates on government bonds, according to investment banking (IB) indust
08/09/2019
New Zealand bankers really are nicer than Australian bankers
But the NAB/BNZ Files leaked by a whistleblower really do give some credence to the idea, even if it is only the case with one trans-Tasman parent-child banking duo.
08/09/2019
OCBC Bank arm invests $14.3m in Malaysian accounting firm YYC Group
The accounting firm said it would look to go public in five years’ time, where Malaysia will be the first choice for YYC Group to list