10/08/2015
China to extend new lifeline to Argentina
With Argentina’s official reserves falling fast, China looks set to come to the rescue with a $2bn loan
Legal, Regulation & Compliance
10/07/2015
ASIC counts scalps from Wealth Management Project
The Australian Securities and Investments Commission has sought to emphasise the successful outcomes generated by the so-called "Wealth Management Project" it kicked off late last year, focusing on Australia's largest wealth management fir
10/07/2015
Banks, not clients, gain from RBI rate cuts
A study by India Ratings, a subsidiary of global rating major Fitch, says the banks passed on less than half the volume of RBI's rate cuts to their borrowers.
10/07/2015
Singapore tax treaties: The end of limitation of relief? - Withers
What is limitation of relief?
10/07/2015
ASIC bans seventh adviser in WMP crackdown
The Australian Securities and Investments Commission has banned former Commonwealth Financial Planning Limited adviser, Stuart Murray Jamieson, from providing financial services for five years.
10/07/2015
Legal troubles, market realities threaten Uber’s global push
The Uber Pop service, known as Uber X in the US, which enables people to offer rides in private cars, is now banned in most of Western Europe.
10/06/2015
Australian Startups Close Down as Banks End Support for Bitcoin
Australia’s largest banks have ended all financial support and abruptly closed down the bank accounts of at least 17 Australian Bitcoin companies
10/06/2015
1MDB’s Caymans fund never redeemed, says DAP
DAP national publicity chief Tony Pua said 1MDB's March 2015 financial statement would have shown that the US$2.318 billion RM10 billion investment parked in the Cayman Islands in 2012 was fraudulent and never “redeemed”.
10/05/2015
On the black money trail: Action time now, warns Centre
With easy compliance window over for new law, FinMin looks at info, leads to nab black money holders
10/05/2015
27 S. Koreans Uncovered Posing as Foreign Investors
The Financial Supervisory Service said it is investigating 19 of the individuals after securing their whereabouts
10/05/2015
Coutts Global Markets Weekly: Where we stand on China and global growth
An old investment adage says that when the US sneezes, the world catches a cold.
10/05/2015
Japan Supreme Court provides guidance to how foreign funds investing into Japan are treated
In the absence of written guidance in the tax rules, Japanese tax practitioners have historically characterized foreign limited partnerships as transparent entities for income tax purposes.
10/02/2015
The Offshore Dragon: The Increasing Popularity of IFCs in the PRC
Using companies incorporated in international financial centres (IFCs) in structuring financial transactions, capital raisings and corporate structures has long been popular in Asia, particularly Hong Kong (itself an IFC).
10/01/2015
Sebi chief UK Sinha Tells mutual funds to manage debt schemes better
The regulator has been seeking details from mutual funds on the status of lowly-rated debt securities
09/30/2015
Leading offshore law firm facilitates unique China Cinda listing on CISE
It is the first time that the CISE has listed an issuer with an ultimate parent company which is domiciled in China.
09/30/2015
Reserve Bank of India Increases Foreign Portfolio Investment Limit In Government-securities
The RBI has also allowed FPI investment into state development loans
09/30/2015
Cyril Amarchand Mangaldas facilitates acquisition of Bank of America’s Private Wealth Management Business by Julius Baer Group
The Cyril Amarchand Mangaldas team which advised Bank of America Corporation was led by Mumbai based managing partner Cyril Shroff
09/29/2015
Top law brands named
The ranking of global brand equity follows a survey of more than 2,300 general counsel.
09/25/2015
Japan PM seeks to reboot 'Abenomics'
Focus shifts to social spending to win supporters back
09/25/2015
Gold monetisation: Deposits above threshold to attract penalties
Gold above prescribed threshold ‘need not be seized by tax authorities, but the tax penalties