03/01/2016
The China Shanshui Decision and Its Impact on Insolvent Restructuring
What it means for Cayman Islands insolvent restructuring in 2016
Legal, Regulation & Compliance
03/01/2016
Tehran, Seoul Ink Deal to Finance Major Projects in Iran
The Iranian minister further said the country is fully prepared to welcome Seoul’s investment in Iran’s auto industry as well as its tourism sector and its oil and gas projects.
02/29/2016
Up to 1 in 3 lawyers in India may have fake degrees
It is hoped that the nation-wide verification drive will be completed by the end of 2016.
02/29/2016
Reserve Bank of India firm on single subsidiary for foreign banks
However, the RBI is not keen on dual licensing and wants foreign banks to operate only under the WoS route, said people directly involved with the matter, who didn't wish to be named.
02/29/2016
Sebi Orders Attachment Of Bank, Demat Accounts of Two Cos
Markets regulator Sebi has ordered attachment of bank accounts, demat accounts and mutual fund folios of Shree Sai Spaces Creations and Wasankar Wealth management for violating capital market norms.
02/29/2016
$100-M Laundering Via PH Banks, Casinos Probed
The country's financial regulators are investigating what could be the biggest single money laundering activity ever uncovered in the Philippines—a total of $100 million that was brought into the country’s banking system, sold to a black
02/26/2016
Philippines still seeks US$ 1 billion in Marcos wealth 30 years after his ouster
The people holding these assets have been slowing us down.
02/26/2016
Enforcement trends in Hong Kong
Shift of focus from listed companies and directors to financial institutions
02/26/2016
Mori Hamada establishes Jakarta desk at AKSET Law
MHM has been sending lawyers to Indonesia for about four years, with Tetsu Takeuchi acting as the point person for all Indonesia-related legal matters since 2014.
02/26/2016
HK, mainland, Macau law firms in Hengqin FTZ alliance
The move is the next step in Fongs’ efforts to go global, which comes after it set up an international department earlier this year
02/26/2016
RBI includes National Bank of Abu Dhabi in Reserve Bank Act
NBAD is the leading bank in the Middle East. Currently, it has a global presence in 17 countries and overseas territories, spanning five continents: It has operations in China, Hong Kong, Malaysia, India, Oman, the UAE, Kuwait, Bahrain, Jordan, Lebanon, E
02/25/2016
Singapore Lawyers Warn of 1998-Like Pain as Debt Defaults Spread
Rival law firm Hogan Lovells US LLP said in an interview that regional banks will likely boost sales of bad loans in coming months.
02/24/2016
Mayer Brown JSM advises Asia Development Bank and International Finance Corporation on US$300 million loan financing in Myanmar
Providing affordable, widely available telecom services to support economic growth and cut poverty has been a priority goal of the Myanmar government.
02/24/2016
Elliott to be referred to prosecution on rule breach
The Securities and Futures Commission (SFC) will approve a petition to punish Elliott at its policy-setting meeting today, asking the prosecution to investigate the fund for the rule breach.
02/22/2016
Six arrested in ICBC money laundering case ordered to jail
The court said in a statement that all six were suspected of having committed "several economic crimes", without giving any further details.
02/22/2016
Govt issues top tips for Kiwi business in Iran
The deal followed more than a decade of diplomatic wrangling aimed at keeping Iran from building a nuclear bomb.
02/22/2016
HSBC’s Asia hiring practices probed by SEC
Based on the facts currently known, it is not practicable at this time for HSBC to predict the resolution of this matter, including the timing or any possible impact on HSBC, which could be significant.
02/22/2016
Appleby continues to play active role on HKEx by advising on two recent listings
The listing marks the second IPO in the area of DNA synthesis products on the HKEx.
02/19/2016
Police raid Madrid office of China's biggest bank
Over 100 police were involved in the operation, which saw the arrest of five ICBC directors, Europol said in a statement.
02/19/2016
Kimora Lee Simmons’ Husband Caught Up in Massive Scandal
Media sources report that Simmons has connections to Razak’s wife.