05/05/2017
Ashurst agrees local law tie-up in Singapore
International law firm Ashurst today announces the launch of a Formal Law Alliance (FLA) with Singapore law firm ADTLaw.
Legal, Regulation & Compliance
05/04/2017
Mergers allow State Bank of India to mitigate risks, expand global presence
With this mega-merger SBI has again displayed its ability to change and evolve to continue as the champion among banks in India and will join the league of top 50 banks globally in terms of assets.
05/02/2017
HK judge sees unbridled greed behind DBS private-wealth dispute
He also sits on the board of ICBC, China's largest bank.
05/02/2017
India to see regulations for fintech space soon
Over the next quarter, insurtech may come into its own in India, according to the report.
05/01/2017
Clifford Chance exits Bangkok, Jakarta amid APAC refocus
It says it can deliver that by investing more in its Southeast Asia hub.
05/01/2017
Financial firms scramble to meet MiFID II deadlines
The survey says that financial firms spend approximately 4 percent of their budget on compliance as of now, but it could increase to as much as 10 percent by 2022.
04/29/2017
Malta scandal exposes New Zealand trusts again
New Zealand changed its laws on offshore trusts last year
04/29/2017
British hacker stole $700,000 from Australian business, spent it on luxury lifestyle
Investigators discovered that Molloy was spending the money on expensive cars and jewellery in Surrey and west London, with the account emptied of all its funds.
04/27/2017
Offshore wealth: Tax amnesty to lure back money opposed
Mainstream political parties that have a presence in parliament on Wednesday opposed the government’s move to offer a tax amnesty scheme in order to lure Pakistanis who have stashed money abroad to bring their wealth back. The government put to tes
04/26/2017
Wealth products under scrutiny in China
The growth rate slumped from 53% during the same period last year, the report cited the regulator as saying.
04/26/2017
Hawsford can now provide trust services in Singapore, having secured a trust licence.
Generations of clients take confidence in our technical expertise and personalised approach.
04/25/2017
Linklaters readies long-awaited China spinoff
It is understood three partners and 16 lawyers are leaving Linklaters’ China offices to set up the new independent firm.
04/25/2017
Hong Kong free-trade agreement opens another Asian trade door
He described Hong Kong as “Australia’s leading business base in Asia,” with more than 600 firms having a major presence there.
04/25/2017
HK Judge Awards Costs Over Tossed Arbitral Award
Hong Kong High Court Judge Simon Leung awarded China Property Development Ltd. costs related to a suit that defeated an arbitration tribunal’s finding that it was liable for RMB 10 million
04/25/2017
‘Lift bank secrecy before tax amnesty’
Only the Philippines, Lebanon and Switzerland still have restrictive banking laws that make it difficult for authorities to go after tax evaders and money launderers, the NTRC said in a report.
04/25/2017
China bails out Pakistan with $1.2bn loans
Rising imports and falling exports and remittances revive threat of forex crisis
04/24/2017
Vietnam’s drivers trade up from two wheels to four
Economic growth and tariff cuts spark new-car boom but sustainability doubts linger
04/24/2017
ASIC signs fintech agreement with Indonesia
Fintech cooperation agreements have been signed with a number of other regulators, including the Monetary Authority of Singapore
04/24/2017
Pakistani regulator orders stockbrokers investigated for market manipulation
Securities and Exchange Commission issues statement describing stockbrokers tactics to manipulate prices on the Pakistan Stock Exchange over several years
04/24/2017
Malaysia to Pay $1.2 Billion to Abu Dhabi Fund Over 1MDB Scandal
On Monday, Malaysia and Abu Dhabi moved to clean up one part of the scandal: who would pay back investors who bought the bonds.