09/05/2017
Regulatory approval received for the acquisition of Trinity Fund Administration in Dublin and the Cayman Islands
Regulatory approval is conditional upon the transaction being completed within 12 months.
Legal, Regulation & Compliance
09/05/2017
Moroccan Attijariwafa Bank, Japanese Sumitomo Corporation Team up for Africa’s Development
The agreement will also enable Sumitomo Corporation to have access to the network and expertise of Attijariwafa bank group
09/05/2017
Aussie watchdog turns spotlight on IFA remuneration practices
The regulator said it will crack down on practices that pose the greatest risk to consumer confidence.
09/05/2017
ASIC's responsible lending battle with Westpac heats up
Westpac said the court action did not concern any current lending policies or practices.
09/05/2017
What is an ICO, and why is China’s central bank banning it?
Cryptocurrencies can be designed to be widely used, as with bitcoin, or to operate within an online network like the Ethereum network that uses ethers to make payments.
09/04/2017
Slater and Gordon to break away from its UK operations
Slater and Gordon has broken off all ties with its ill-fated UK business after it handed over operations of its UK division to its senior lenders, led by the hedge fund Anchorage Capital Group. The move has come as part of a second recapitalisation plan
09/04/2017
ASIC targets retirement products and services
These stages include initial decision making about commencing retirement income.
09/01/2017
FSA to probe card loan biz as personal bankruptcies climb
While consumer finance companies can lend only up to a third of a customers’ annual income, banks can offer card loans regardless of income.
09/01/2017
China tightens grip on fund industry
The number of investors in a single private fund should not exceed the number of persons required by law.
08/31/2017
Retired stockbroker sues Credit Suisse over US$26m investment losses in 2008
The lawyers said Credit Suisse had promised Mr Koh "the heavens and the stars" when trying to get him to open a private wealth account with the bank.
08/31/2017
Law Firm Expands Southeast Asia Presence
Stephenson Harwood is committed to Southeast Asia, and to growing our practice there.
08/31/2017
Hong Kong-Brunei ties strengthened
We will be happy to see continuous upgrading of the cooperation between Hong Kong and Asean members countries.
08/31/2017
China's wealth managers look to profit from risk and capital crackdowns
Beijing’s clampdown since last year on sending capital outside the country was also opening up opportunities for domestic wealth managers in China, they said.
08/30/2017
China's Regulators Consider Suspending All ICOs
The report indicates regulators could possibly suspend all ICOs.
08/30/2017
Credit Suisse Sued by Billionaire in Singapore and New Zealand
He could not have acted alone over such a long period of time.
08/29/2017
U.S. watchdog may fine Habib Bank, Pakistan's biggest lender, up to $630 mln
The DFS said in a filing that HBL's compliance was "dangerously weak"
08/29/2017
CBA hit with second regulatory probe after money laundering claims
CBA was sued this month by financial intelligence agency AUSTRAC which alleges that criminals and terror financiers laundered millions of dollars through CBA accounts – the first lawsuit of its kind against a major Australian bank and exposing CBA t
08/29/2017
Is Hong Kong's Reputation for Financial Secrecy About to Change?
Hong Kong commits to identifying companies’ beneficial owners – or does it?
08/28/2017
ASIC reports on corporate finance regulation – January to June 2017
ASIC has today published its seventh report on the regulation of corporate finance issues in Australia. The report, which covers the period January to June 2017, provides companies and their advisers with insights into ASIC’s regulatory approach in
08/28/2017
Appleby Advises On 20 HKEX Listings During 2017
BGMC International is a construction services company based in Malays