11/09/2015
Former WHK Horwath partner Ray Osborne walks free
Osborne was an adviser to high-profile scientist and Novogen founder Graham Kelly and his son David, who pleaded guilty to tax evasion charges in December 2011.
Legal, Regulation & Compliance
11/06/2015
CBA integrates ESGs into wealth management
We're also committed to providing transparency on how we manage ESG considerations, and to disclosing the progress made in the integration of the framework
11/06/2015
International law firm Expands Global Private Client Services Offering
In response to increased demand for private client services, the Maples group, comprising international law firm, Maples and Calder, and leading fiduciary, fund services and private client services provider, MaplesFS, has announced strategic hires in the
11/05/2015
KWM’s Hong Kong office doubles up on prime capital markets deals
A key private equity player in China, Fosun is one of KWM’s biggest clients and returned to the firm for the issue of more than 800 million shares at HK$13.42 each.
11/05/2015
Deutsche Bank to pay $258m penalty for violating US sanctions
Violations in connection with transactions on behalf of countries and entities subject to U.S. sanctions, including Iran, Libya, Syria, Burma, and Sudan.
11/04/2015
Cayman Deal Returns to Haunt Najib: More Missing Billions Proven
A new Australian court case and documents compiled by Malaysia’s auditor-general raise questions about why the Caribbean investment was set up
11/04/2015
Maybank Asset Management signs MoU with Hastings for Shariah-compliant infrastructure fund
The idea partnership with Hastings is that it is going to be the first Islamic infrastructure fund that is focusing on the Asean region, as we want to tap into the region’s growth
11/04/2015
Energy-rich Kazakhstan dismisses national bank head as currency slumps
The country is suffering from a deficit in tenge liquidity and the volume of lending has gone down.
11/04/2015
Forbes family sues Chinese investors over magazine deal
The family behind Forbes magazine is suing the majority shareholders of its media business -- Chinese investors who acquired a stake last year -- for allegedly failing to pay up.
11/04/2015
China unveils guideline on reforming State-owned asset management
The firm can increase the value of state capital by managing equity, management staff and fund movements or optimizing layout through investment and financing, industrial support and capital integration.
11/03/2015
U.S. Placed Above Cayman Islands in Financial Secrecy Blacklist
Singapore and the Cayman Islands were placed fourth and fifth in the TJN rankings
11/03/2015
Meet the Next $2 Billion Law Firm
The other law firms in this group consist of a mix of global and elite law firms
11/03/2015
Monetary easing crimps profit growth
All four banks saw smaller interest income increases.
11/03/2015
Regulators liquidate Aussie firm managing 1MDB’s US$2.3 billion, says report
Australian company Avestra Asset Management, that was supposedly managing 1Malaysia Development Berhad's (1MDB) proceeds from its joint venture with PetroSaudi International, is being liquidated by Australian authorities, says a report in The Wall St
11/03/2015
Malaysia’s largest bank eyes sukuk deals in GCC
Maybank was one of the six-member consortium to arrange $750m five-year sukuk for Dubai Islamic Bank early this year
11/02/2015
Korea vows to back U.N.’ convention on corruption
Lee said the state parties had made “notable progress” to realize the convention’s goal.
11/02/2015
State Bank of India Paris selects Wolters Kluwer Financial Services for Regulatory Reporting
French branch of India’s largest commercial bank opts for OneSumX for Regulatory Reporting
11/02/2015
Dentons law firm strikes two Asia-Pacific deals
Dentons, which was created out of the three-way merger of US, French and Canadian firms in 2012, rose to the top spot in January after sealing a deal with Dacheng, China’s biggest law firm.
11/01/2015
China Construction Bank and China Europe International Exchange sign MoU to promote RMB Denominated Securities in Eurozone
The parties agreed to meet investor demand for offshore RMB financing and investment
11/01/2015
HSBC squeezes recruitment in cost-cutting drive
The giant bank is saving money as its bet on Asian growth is derailed by Chinese slowdown