08/22/2018
Legal tech project recruits big City firms
Among other participants are nine small and medium-sized local law firms, two corporate counsel and nine legal tech companies.
Legal, Regulation & Compliance
08/22/2018
Tech firms could become top shareholder of Internet-only bank: regulator
Choi also said that big companies in non-technology business sectors would be banned from becoming a top shareholder of an Internet-only bank.
08/22/2018
Discriminatory bank regulation hits super savings
The research, commissioned by ANZ, estimates the average industry or retail super fund member is missing out on an additional $12,000 in retirement as a direct result of bank liquidity regulation.
08/21/2018
Super funds cop governance grilling
"What has been exposed is a blinkered focus on financial risk at the price of ignoring conduct risk," he says.
08/21/2018
Bank Of China And UnionPay Teamed Up To Develop A Payment Solution Based On Cryptocurrency Technology
The two institutions, the Bank of China and UnionPay, have achieved remarkable joint results in the areas of bank card issuance and product innovation.
08/21/2018
Updates to China’s negative list
A negative list was first rolled out in the Shanghai Free trade Zone in 2013 and was subsequently extended to the other FTZs.
08/21/2018
Australian commission spotlight less kind to retail super funds than to industry funds
The spotlight was less kind to bank-backed retail super funds.
08/21/2018
Bank of Thailand governor strikes hawkish tone as GDP gains 4.6%
Thailand can’t go against the global trends in interest-rate policy, he said.
08/21/2018
Alleged head of BitConnect cryptocurrency scam arrested in Dubai
BitConnect has been accused of operating an exit scam after duping investors out of millions of rupees.
08/21/2018
Korea Exchange says it checking Merrill Lynch trades after media reports, petition
Petitions on the website of the South Korean president’s office have called for investigations into Merrill Lynch’s KRX trades.
08/21/2018
Ogier a finalist for Asian Offshore Law Firm of the Year
This recognition for the work of our office here in Hong Kong is very welcome, and reflects a year of hard work by everyone in the team.
08/20/2018
A welcomed spike in employee benefit trusts in Hong Kong
The new rules allow companies with weighted voting rights to list on the HKSE’s main board, as well as biotech firms that have not yet turned a profit.
08/20/2018
China regulator asks financial institutions to support infrastructure investment
The move comes amid a period of uncertainty for China’s economy, in part because of an intensifying trade row with the United States.
08/20/2018
Dawood Ibrahim's finance manager Jabir Moti nabbed in London
He was arrested by the officials of the Charring Cross Police Station in London.
08/20/2018
[News in focus] Gov’t searches for a way to deregulate internet-only banks
The regulation dates back to 1982, when the government attempted to prevent banks from being exploited as the personal piggy banks of chaebol-owner families.
08/20/2018
HUB24 lifts targets
HUB24 has lifted its revenue targets for the next three years, as it its platform and advice licensee swelled their revenues in FY18.
08/20/2018
Gibraltar-headquartered Sovereign obtains new Hong Kong licences
Any person who carries on a trust or company service business in Hong Kong without a licence commits an offence.
08/19/2018
Chinese police nab suspects after S$120 million cryptocurrency theft
The police investigation is still underway, it said, with officers in three provinces working together last week to take the suspects into custody.
08/19/2018
Pension fund regulator sets up panel for advice on cyber safety
The committee has been constituted by the Pension Fund and Regulatory Development Authority (PFRDA) to keep an eye on the technological changes.
08/19/2018
Mourant advises BeiGene, Ltd. on Hong Kong’s biggest biotech IPO
BeiGene, Ltd. is a biopharmaceutical company focused on developing and commercialising molecularly targeted and immuno-oncology drugs for the treatment of cancer.