05/16/2016
'Mauritius, Singapore account for 50 p.c. of total FDI into India'
Structural fundamentals will be good as the government is trying to weed out the twists in tax structures.
Legal, Regulation & Compliance
05/16/2016
US Exposes Global Finance Firms' China 'Influence-Peddling'
The Securities and Exchange Commission and the Department of Justice began investigating the recruitment programs of major investment banks three years ago, to see whether they violated the Foreign Corrupt Practices Act by hiring the friends and relatives
05/16/2016
1MDB gets more time to repatriate $2.5 billion
The governor did not provide a time frame for 1Malaysia Development Berhad (1MDB) to return the money.
05/16/2016
Imran Khan has clear record for paying taxes, says law firm
Yousaf Islam Associates, the firm handling financial issues of Chairman Pakistan Tehreek-e-Insaf Imran Khan, on Sunday said the chairman PTI had clear record for paying taxes regularly, ARY News reported.
05/16/2016
China's state-run TV airs confession of asset management firm exec arrested over $1 billion fraud
It owes more than half its 25,000 investors a total of 5.2 billion yuan (S$1 billion) said the broadcaster, which is based in the commercial hub.
05/16/2016
China asks Britain for advice on creating financial super-regulator
The UK Treasury has lobbied hard to become China's partner of choice on a range of financial issue
05/16/2016
Proskauer Makes Real Estate Push In London With DLA Hire As Latham Taps Kirkland In Asia for Another PE specialist
Proskauer Rose has made a strategic play to capture work in London's burgeoning real estate market with the hire of DLA Piper's global co-chair of hospitality and leisure, Joanne Owen.
05/16/2016
Major foreign investors like JPMorgan, HSBC, Goldman okay with Sebi proposal for tightening P-Note Rules
As Sebi readies to tighten its rules for controversy-ridden P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the regulator and filing of suspic
05/13/2016
Singapore charges ex-BSI banker with forgery in 1MDB-linked probe
Singapore authorities are conducting a wide-ranging money-laundering probe into bank accounts linked to 1MDB, whose activities have triggered investigations across three continents.
05/13/2016
ASEAN Regulators Differ On Fintech Approach
Acknowledging that financial technology is challenging the status quo in the financial industry, Malaysia’s central bank Bank Negara Malaysia recently announced the commencement of a review on the regulatory framework for the adoption of Fintech, in
05/13/2016
ASIC makes two permanent bans
Former chairman of Wickham Securities and founder of Sherwin Financial Planners Bradley Thomas Sherwin was also permanently banned from providing financial services.
05/12/2016
A new boost to transparency in international tax matters: 6 new countries sign agreement enabling automatic sharing of country-by-country reporting
It will help ensure that tax administrations obtain a complete understanding of how MNEs structure their operations
05/12/2016
Malaysia bolsters fintech regulatory framework
It will also look at new risks arising from fintech startups as a result of regulatory arbitrage and the impact on consumers.
05/12/2016
China regulator tells some banks not to issue certain asset management products
Typically, classified asset management products are very risky products, particularly when the market is volatile.
05/12/2016
Why Hong Kong career women marry men from China ... and where to divorce them - Withers
The number of Hong Kong women marrying Chinese men has risen fivefold in barely 20 years, but divorces are up too. What are the pros and cons of a Hong Kong divorce versus a China divorce?
05/12/2016
West turned from sound business practices to fraud
His clients initially saw satisfactory returns from sound business practices.
05/11/2016
Now declaration of Assets & Liabilities are mandatory while filing ITR
With a view to reduce compliance burden, the Wealth-tax Act was made inapplicable from A.Y.2016-17 with the stipulation that the information regarding assets forming part of the wealth-tax return will be captured in the Income-tax returns.
05/11/2016
Panama files
Why do so many people in the world of business feel the need to maintain an offshore company?
05/11/2016
Monetary Authority of Singapore should be vigilant on deflation, adjust policy if needed, IMF says
Against a backdrop of low inflation and lacklustre economic growth, the MAS eased monetary policy in April by removing the "modest and gradual" appreciation path of the Singapore dollar, in its third policy easing since January 2015.
05/11/2016
NZ man linked to fugitive: 'I've never heard of him'
New Zealand First MP Ron Mark named Mr Francken in connection with the case of Calvin Ayre in Parliament.