10/05/2018
Indian reforms may change banking
It is a source of great optimism that India is adopting digital technology at such a fast pace.
Legal, Regulation & Compliance
10/04/2018
Malaysian Ex-First Lady Nabbed
Since the 66-year-old's husband, Najib Razak, was voted out in May, they have suffered a stunning fall from grace and reckoning in the scandal surrounding 1MDB scandal.
10/04/2018
ASIC appeal convicts former CBA planner
The CDPP subsequently filed a notice of appeal against the sentence on the basis that it was "manifestly inadequate.
10/04/2018
Singapore legalises new fund management structure
The new bill enables fund managers to both manage and domicile their funds in Singapore.
10/04/2018
Indian Man In Singapore Faces Jail, Caning For Extortion From Bank
He allegedly threatened to publish a defamatory libel against the global head of digital banking at Standard Chartered Bank, unless he paid SGD 500,000.
10/04/2018
Value Partners’ robo firm loses licences
Value Partners Technology Systems no longer has its licences in Hong Kong after the regulator removed them last month.
10/04/2018
Global Financial Institutions Fined $26 Billion for AML, Sanctions & KYC Non-Compliance Since 2008 Financial Crisis
Over the past ten years, regulators across the US, Europe, APAC and the Middle East have levied nearly $26 billion dollars in financial penalties against financial institutions for AML/KYC and sanctions-related violations.
10/04/2018
Nomura looks to Paris as post-Brexit EU lending hub
Japanese bank joins global peers in moving some business to French capital
10/04/2018
Ex-regulator launches Japanese antitrust boutique after exit from Mori Hamada
At Mori Hamada, where Ikeda was a counsel, he worked on cartel, merger review, and other types of antitrust/competition cases. Earlier, he was an associate attorney at Oh-Ebashi LPC & Partners.
10/03/2018
Guernsey offers ‘one-stop shop’ for financial services in China
Having Guernsey practitioners present with experience of working in China was a real benefit as delegates could hear direct from the experts.
10/03/2018
Taiwan unveils privileges for overseas managers
The FSC review assesses three major categories: Taiwan onshore presence; local assets under management; and cultivation of local talent.
10/03/2018
Singapore could lure global wealth with passage of new VCC Bill
The Bill takes reference from similar corporate fund structures available in other global investment fund centres
10/03/2018
Japan's Suruga Bank faces partial lending ban over scandal
FSA to order suspension of real estate financing
10/03/2018
Alpadis Group expands presend in Hong Kong with new acquisiton
The acquisition is pending regulatory approval.
10/03/2018
Ogier's Kate Hodson nominated to retain Asia Women in Business Law Awards offshore award
The awards celebrate the advancement of women in the legal profession throughout the region, and recognises individuals as well as the best firm-wide initiatives for gender diversity, innovation, work-life balance, pro-bono work and talent management.
10/02/2018
StanChart Said to Brace for New Iran Fine of $1.5 Billion
Penalty said to be linked to previous violations, Dubai unit
10/02/2018
Potentially "game-changing" Bill for the fund industry passed into law
“The introduction of this corporate structure, known as the variable capital company or VCC, will be a game-changer for Singapore’s fund management industry as it will allow us to capture value from the full fund management value chain.
10/02/2018
Insurance shake-up puts clients first
Berrill, who has worked with people with disabilities for 25 years, sees the benefit of life insurance during times of need.
10/01/2018
'Game over': Macquarie's German tax scandal
Even with such a return, there had been a detailed approval process of convincing the Macquarie Bank board and its chief executive Nicholas Moore that the deal was worth the risks.
10/01/2018
All managed discretionary account providers now required to be licensed
ASIC will undertake reviews to check that MDA providers hold the relevant AFS licence authorisations and will take action if unlicensed activity is identified.