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Legal, Regulation & Compliance

04/05/2017

MAS Proposes Framework for Singapore Variable Capital Companies

In particular, unlike a Singapore-incorporated company, the S-VACC will provide greater flexibility for the return of capital to shareholders in order to facilitate redemption rights of investors

04/05/2017

Dorsey & Whitney Forms U.S.-China Practice Group

Global Unit To Span Disciplines And Industries, Serve Growing Market

04/05/2017

Ex-Credit Suisse Trader's Hedge Fund Said to Gain 20% This Year

The yen ended the first quarter 5 percent up against the dollar.

04/04/2017

China’s AIIB Approves 13 New Member Countries

The shares allocated to them come from an existing pool of un-allocated shares.

04/04/2017

European development bank strikes pact with New Development Bank

MoU formalises EBRD's partnership with the BRICS development bank

04/04/2017

Thailand launches unique residence programme

The Thailand residence programme provides a multiple entry visa and allows holders to stay in the country for up to 20 years

04/04/2017

Singapore, Ghana Sign New Double Tax Treaty

The agreement will come into force after its ratification by both countries.

04/04/2017

HSBC Singapore becomes a direct life insurer

HSBC Insurance described that status as a milestone.

04/03/2017

NSW land titles registry profits could go to Cayman Islands

The Berejiklian government is expected to announce this week the consortium that has won the right to operate LPI - a monopoly provider of essential titling and registry services - for the next 35 years.

04/03/2017

India steps up black money hunt; seeks Swiss details of over 10 persons

Under its local rules, Switzerland provides a final chance to the concerned persons and entities before sharing the information about suspected cases of tax crimes with any foreign jurisdiction.

04/03/2017

Australia identifies over 340 names with secret Swiss accounts

The message from these investigations makes it clear that governments worldwide are shining a light on offshore tax evasion, and it's only a matter of time before you're in the spotlight.

04/03/2017

HSBC’s new compliance rules require clients to provide more account information

Increased information disclosure is part of bank’s rigorous compliance plan to meet enhanced anti-money-laundering requirements in the US and Europe

04/03/2017

Law Firms in Singapore and Malaysia Launch FinTech Practice

They aim to present legal solutions in areas many financial technology firms in both nations are challenged with.

04/03/2017

CCB Principal takes aim at China's retail market

The starting gun for CCB Principal's efforts came in early 2015.

04/03/2017

China fund-of-funds industry beginning to blossom

But that pool could more than triple by the end of the year.

04/03/2017

Essar sells Aegis BPO to Capital Square Partners

The Aegis sale marks Ruias-led Essar’s complete exit from BPO business

03/31/2017

ABB fraud scandal highlights industry-wide vulnerabilities

But the results of early investigations into the fraud could be disquieting for many equally large peers.

03/30/2017

Strategic Partnership between Monte-Carlo Société des Bains de Mer and Galaxy Entertainment Group

The announcement of this agreement follows a strategic investment made by GEG in S.B.M. in July 2015.

03/30/2017

China’s Subtle But Significant Attitude Change on Monetary Policy

The People’s Bank of China’s monetary policy changes are strongly impacting the outlook for 2017 and beyond.

03/30/2017

Former UBS AG Hong Kong banker charged by ICAC in HK$1.5 million bribery case

The defendant was working in the bank’s global wealth management and business banking team.

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