04/28/2016
BOJ boxed in on additional easing
The business community feels that the BOJ's excessive monetary easing has inadvertently ended up destabilizing yields and exchange rates.
Legal, Regulation & Compliance
04/28/2016
Ex-BSI Singapore banker involved in 1MDB probe faces additional charges
The prosecution alleges that former private wealth banker Yeo Jiawei played a significant role in moving large amounts of money.
04/28/2016
Malaysia's central bank fines troubled state fund 1MDB
Central bank governor Zeti Akhtar Aziz said in March that it would pursue administrative action on 1MDB, after it missed a deadline to submit documents on its finances abroad.
04/27/2016
Is monetisation the only ammo left in the BoJ’s arsenal?
Are we approaching the point at which the BoJ will need to consider more drastic measures?
04/27/2016
IMF to test New Zealand's financial regulators
The IMF last conducted an FSAP review on New Zealand in 2004, when it found New Zealand's securities regulation performed relatively poorly
04/27/2016
Westpac withdraws from real estate lending to foreigners
Westpac's new rules are similar to the other banks.
04/26/2016
Billion dollar Bangladesh hack: SWIFT software hacked, no firewalls, $10 switches
The Bangladesh Bank's internal network security was sorely lacking.
04/26/2016
Super Thursday looms large for central banks
Many are touting the Fed as the main attraction, but no one expects the US central bank to announce a follow-up increase to its December rate rise, the first in almost 10 years of monetary easing.
04/26/2016
'Fugitive' wealth manager reassures investors
The case is the latest involving alleged financial fraud to emerge in China as the economy slows, sometimes leaving investment firms struggling to pay out promised returns.
04/26/2016
16-124MR ASIC permanently bans former NAB financial planner
This outcome is a result of ASIC's Wealth Management Project.
04/26/2016
Appleby acts for Get Nice & Luen Wong on HKEx Listings
The Appleby team on both IPOs was led by Judy Lee, a corporate partner in the firm’s Hong Kong office, assisted by Counsel Chris Cheng.
04/26/2016
China cracks down on unauthorised online insurance platforms
The main targets of CIRC are third-party platforms that offer online insurance products without an insurance operating licence.
04/26/2016
ATO asks multinationals to 'please explain' on profit shifting
The action relates to cases involving related-party financing and thin capitalisation rules.
04/26/2016
In the wake of the Panama Papers: Strengthen tax administration, audit capacity, IMF tells govt
While owning offshore companies is itself not a crime, the Panama leaks are an especially touchy subject in Pakistan
04/25/2016
ED’s raids on Sequoia Capital spook India’s star venture capitalists
The shock and surprise for the VC and private equity community have been both personal and systemic.
04/25/2016
Shanghai banks ordered to cut ties with six property firms
The banking regulator has also asked seven Shanghai banks to stop giving housing loans to individuals for two months after they were found to have broken rules in making cash advances.
04/25/2016
‘Massive fraud’ likely behind deal with Aabar BVI, says Arul
This revelation by Arul was made after Abu Dhabi-based International Petroleum Investment Company (IPIC) and Aabar Investments PJS recently declared they had no link whatsoever to Aabar BVI
04/24/2016
Panama Papers implicate Pacific Island states
The micro-states are targeted by financial sharks because of the impoverished Pacific islands’ desperate need for foreign “investment.”
04/24/2016
BOC (Hong Kong) approved to operate first Brunei branch
It's part of the bank's aggressive expansion plan along the Belt and Road Initiative routes
04/24/2016
SECP proposes integration of NSS instruments into capital market
Integration of National Savings Scheme Instruments into the Capital Market: The National Savings Scheme in its current structure is a significant challenge for the reform agenda for Pakistan's debt capital markets.