02/13/2019
Debt guarantee tangle: China's private firms hit by default contagion
The warning bells are already sounding in the once-prosperous eastern city of Dongying, a hub for oil refining and heavy industry in Shandong province.
Legal, Regulation & Compliance
02/13/2019
Former Deutsche Bank dealer handed suspended sentence for falisfying trading records
Between 25 July 2013 to 25 June 2014, while working as a FX, options and futures trader with Deutsche Bank in Sydney, Mr Donaldson made a total of 85 false entries into Deutsche Bank’s internal records.
02/13/2019
MAS to Promote Good Governance Through New Committee
Part of the CGAC’s role will be to identify current and potential risks to the quality of corporate governance and monitor international trends.
02/13/2019
S Korea Proposes New Legal Framework for P2P Sector
The proposed legal framework will be on top of the flexible guidelines that currently regulate the P2P sector in South Korea.
02/13/2019
Multiple Indian Banks Penalised for Violating Banking Norms
The RBI prescribes strict rules on the use of loan proceeds by borrowers, and has on numerous occasions asked banks to monitor this end use closely to ensure funds are not diverted for purposes other than what is specified to obtain the loans.
02/13/2019
Mourant Hong Kong signs sponsorship deal with Fiji Army Rugby Team for 2019 Tens tournament
Mourant has a track record of successful partnerships with HKFC 10s tournament teams
02/12/2019
A long list of charges against Najib as 1MDB trial kicks off on Tuesday
"It's going to be tough. This growing array of charges also means it will take more time to wrap up the legal fight."
02/12/2019
All You Need to Know About the Global Legal Services
The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
02/12/2019
Underground banking operators to be charged with illegal business operations
The judicial explanation aims to cope with the evolution of crimes involving foreign currencies, said a joint statement from the SPC and SPP.
02/12/2019
Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released
The total foreign currency reserve assets of US$432.0 billion represent about seven times the currency in circulation
02/12/2019
Legal frontiers in the Caymans
The first in our new legal frontiers series explores the considerable opportunities available to companies that utilise offshore structures in the Cayman Islands.
02/12/2019
Proof of debt appeals: The Court's approach to a challenge to an Official Liquidator's adjudication
Unusually for a proof of debt appeal, the appeal proceedings were ongoing for around 18 months
02/12/2019
Former Banker Sues UOB For Race Discrimination
Smith, who was a senior officer in the bank's treasury business, said UOB changed the minutes of the meeting that originally described how the candidate needed to «fit into UOB
02/11/2019
Aleema Khan deposits 25pc of tax: FBR chairman
Talking to journalists, the FBR chairman said that Aleema Khan had assured to submit the remaining amount of tax in installments.
02/11/2019
Future Fund chairman Peter Costello wants government default super fund
The Future Fund on Monday revealed a healthy 5.8 per cent return in 2018 and significantly outperformed industry and retail superannuation funds due to it taking less risk amid global market volatility.
02/11/2019
Full Implementation of Basel III Needed at the National Level
According to Wuermeling, the BCBS has reduced the likelihood of a ‘regulatory race to the bottom’ and the opportunity for regulatory arbitrage.
02/11/2019
An offer too good to refuse?
Not unexpectedly, three issues that attracted the greatest concern were offshore accounts, acceptance in good faith by revenue and additional information from third parties.
02/10/2019
China takes aim at new target in black market banking on fears of capital flight
Top court and prosecutors say they are cracking down on contra payments and the threat they pose to society
02/10/2019
Variable Capital Companies in Singapore spark major changes in the global fund management industry
The legislation is a game changer for the fund management industry not only in Singapore, but across the globe.
02/10/2019
ASIC took 3 years to charge rogue Deutsche Bank trader
He appeared in the NSW District Court last week for his sentencing hearing.