12/30/2022
Linklaters advises DKSH on its acquisition of DNIV Group in Singapore
The Linklaters team was led by Singapore-based corporate partner and global co-head of TMT Niranjan Arasaratnam.
Legal, Regulation & Compliance
12/30/2022
Japan's Nakao sees smoother path for Kuroda's successor with BOJ policy shift
"The BOJ has not succeeded so much in raising inflation expectations and bringing down real interest rates while side-effects became larger. I was thinking the current framework must be modified sooner or later,"
12/30/2022
Linklaters advises on Thailand’s tech unicorn LINE MAN Wongnai’s US$265m Series B fundraising
With the investment, LINE MAN Wongnai has achieved unicorn status with a valuation of over US$1bn, making it one of Thailand's largest technology startup by valuation.
12/27/2022
Vietnam c.bank buys dollars to shore up reserves after selloff
The State Bank of Vietnam (SBV) earlier this year was forced to sell a large amount of U.S. dollars to the market to support the dong, which has hit record lows in recent months from capital outflows as the U.S. Federal Reserve repeatedly raises interest
12/27/2022
China banks rush traders back to office on Covid disruptions
Department heads were told to keep as many people in office as needed to ensure business continuity, the person said.
12/23/2022
Japan's consumer inflation hits fresh 40-year high, eyes on BOJ policy
While many retailers plan further hikes for food products next year, the outlook for inflation and the timing of any further BOJ policy tweaks are muddled by the risk of global recession and uncertainty over the pace of wage hikes, analysts say.
12/23/2022
China’s reopening policies boost market confidence
Short term sentiment has heightened after the Chinese government announced to relax restrictions, said industry professionals.
12/23/2022
Bank of Korea says curbing inflation remains main rate policy target in 2023
It has lifted the policy rate by 275 basis points since late last year in nine steps to 3.25 per cent and is widely expected to be finishing its tightening cycle this year, earlier than some other central banks.
12/23/2022
ASIC issues infringement notice against superannuation trustee for greenwashing
Greenwashing is the practice of misrepresenting the extent to which a financial product or investment strategy is environmentally friendly, sustainable or ethical and is an enforcement priority for ASIC.
12/22/2022
India regulator unveils framework for oversight of execution-only platforms
EOPs can be registered with Sebi either as agents of asset management companies, or as stockbrokers acting on behalf of investors.
12/21/2022
More Shares for China-Hong Kong Connect Scheme
It will also allow equity trading in companies that have concurrently issued A and H shares on both exchanges.
12/21/2022
Website and Email Alert – Fraudulent website and phishing email related to The Hongkong and Shanghai Banking Corporation Limited
The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions
12/20/2022
WA man charged with insider trading
ASIC said it expected the matter to return to the court on 13 January, 2022.
12/20/2022
Criminal proceedings against CBA dismissed due to limitation period
The matter was being prosecuted by the CDPP following an investigation and referral by ASIC.
12/19/2022
Thai rates to rise for "a while" to help economy grow fully - c.bank
The economy is expected to fully recover in the second half of 2023, when inflation should also return to within the BOT's target range of 1% to 3%, Assistant Governor Piti Disyatat told the meeting.
12/19/2022
ASIC amends relief for litigation funding arrangements
The relief has been extended to provide certainty for litigation funders, lawyers and members of litigation funding and proof of debt funding arrangements while the Government considers further its policy position for these types of arrangements.
12/19/2022
Payoneer gets in-principle regulatory approval in Singapore
All payments processed through Payoneer are made through a compliant, secure and tightly audited payments platform that is supervised by financial regulators all around the world.
12/16/2022
Indonesia expands central bank mandate to support stability, growth
The legislation requires a politician seeking a seat on BI’s board to resign from their political party when they are nominated.
12/15/2022
Labuan FSA Awarded The Brandlaureate e-Branding Bestbrands Award For FinTech Islamic Financial Services
The Labuan Islamic Digital Asset Centre or IDAC was unveiled in October 2022
12/14/2022
Malaysia regulator releases sustainable and responsible investment taxonomy
"The SRI Taxonomy adopts a principles-based approach to enhance the standardisation and comparability of sustainable investment assets,” Awang Adek says in a statement on December 13.