10/26/2015
OJK relaxes rule to help Islamic banks develop
Islamic banks face difficulties in growing their market share, because conventional lenders are also growing altogether.
Legal, Regulation & Compliance
10/25/2015
An Inside Take On Chinese M&A
Private equity firms are also now at low ebb in China, brought down by slow pace of profitable exits.
10/23/2015
Appleby Attorneys Recognized in “Asia Women in Business Law” Awards
The Asia Women in Business Law Awards celebrate the advancement of women in the legal profession throughout the region, recognising individuals for outstanding work in their practice categories, and law firms for initiatives in gender diversity, innovatio
10/22/2015
NAB pays $1.7 million in compensation
NAB has paid $1.7 million in compensation so far as part of its Customer Response Initiative.
10/22/2015
HKEx proposes to build “London-Hong Kong Connect”
Development of the model is at a preliminary stage and further work needs to be done to determine the appropriate trading and clearing arrangements.
10/22/2015
Court moves to liquidate ex-ASIC lawyer and adviser's businesses
Leanne Chesser and Craig Shepard of KordaMentha have been appointed by the Federal Court as joint and several provisional liquidators.
10/22/2015
Appleby Acted for KPA-BM and China Partytime on HKEX Listings
Judy Lee, a Corporate partner in Appleby’s Hong Kong office led both transactions
10/22/2015
Freshfields, K&E star in Huarong’s $2.5 bln IPO in HK
The IPO has already secured $1.62 billion in commitments from cornerstone investors.
10/21/2015
Moody's assigns (P)A1 to proposed Bank of China-supported bonds of Tianjin Eco-City Investment and Development Co., Ltd.
The bonds will be supported by an irrevocable and standby letter of credit from Bank of China Limited, Singapore Branch.
10/21/2015
Asia shares rise ahead of European Central Bank meet
There was more evidence of the problems plaguing Asian trade flows with Japanese exports growing at the slowest pace since mid-2014, mainly due to weakness in China.
10/20/2015
Asian equities drop for second day on weak Chinese data; Euro down ahead of European Central Bank meet
On Monday, China posted its weakest quarterly economic growth since the global financial crisis in 2009, raising pressure on policymakers to cut interest rates further and roll out other support measures to avert a sharper slowdown.
10/20/2015
ASIC to be handed greater powers
The government will consult with stakeholders on the development of a new ASIC product intervention power that could be used to modify products, or if necessary, remove harmful products from the marketplace.
10/20/2015
Financial System Inquiry response cut-out-and-keep guide
The Financial System Inquiry conducted a root and branch examination of Australia's financial system, making 44 recommendations to increase efficiency, resilience and fair treatment of the financial system.
10/19/2015
Super funds battle compensation lawyers as insurance claims rise
In response to this, the Association of Superannuation Funds of Australia is running an education campaign telling super fund members they do not need to engage a lawyer to make a claim on their TPDD insurance.
10/19/2015
Swiss regulator issues licence to China Construction Bank
Switzerland has been seeking to attract a Chinese bank as part of the country's efforts to become a major trading hub in China's renminbi currency.
10/18/2015
INDIA: Pension regulator seeks government support to widen subscriber base
Our efforts are now targeted at expanding the subscriber base further, particularly in the corporate and the private citizens segments.
10/18/2015
INDONESIA: Banking Secrecy Law Must Be Revised: Observers
Budi Suggested that the government must form an intelligent body to investigate assets and fund management of companies listed in the stock market.
10/16/2015
Appleby Report Details China’s Foreign Direct Investment and M&A
This year looks to continue a trend from 2014 in which there was rapid expansion in overseas Chinese M&A.
10/16/2015
ASIC bans former Westpac-aligned adviser
Westpac terminated her employment in August, and reported its concerns about her conduct to ASIC in December 2014.
10/14/2015
Offshore Insight - Appleby
Our second edition of this unique report examines China’s Foreign Direct Investment and M&A deals outside of its own borders. It also covers Hong Kong, which provides an extra dimension to China's external activity.