09/25/2015
US Signs Competent Authority Agreements With UK, Australia
The new CAAs lay down a framework for the automatic exchange obligations contained in the IGAs
Legal, Regulation & Compliance
09/25/2015
Ex-SMBC Nikko Executive's Insider-Trading Conviction Upheld
Yoshioka was a deputy head of investment banking at SMBC Nikko.
09/24/2015
Awards recognise best of Australian firms
Boutiques were also recognised on the night, but Nexus Law Group stood out and took home the Boutique Law Firm of the Year award.
09/24/2015
Nomura Reaches $492 Million Settlement of Monte Paschi Claim
Nomura will pay 440 million euros $492 million to Monte Paschi while unwinding the transaction, the Tokyo-based firm said Thursday in a statement on its website.
09/24/2015
FBI investigates PM Najib Razak
Both the Wall Street Journal and the New York Times have separately reported that the FBI and the US Justice Department were now scrutinising the flows
09/24/2015
Four brokerages fined in China after Citic probe
The four are Huatai Securities, Haitong Securities, GF Securities and Founder Securities.
09/24/2015
BDA advises SunGard on the sale of its Singapore-based Retail Banking business
BDA was the exclusive financial advisor to SunGard on the transaction.
09/22/2015
China central bank to sell short-term debt in London
The debt issuance will be the first sale of such notes outside of China and help develop London as a yuan trading hub.
09/22/2015
Leading offshore law firm Advised Kee Song Bio-Technology on Issuance and Listing of NTD250 million Convertible Bonds
The bonds are convertible into ordinary shares of Kee Song.
09/22/2015
Asia-Pacific Still to Wake Up to IFRS 9, Wolters Kluwer Financial Services white paper finds
APAC financial institutions face implementation hurdles
09/21/2015
Offshore law fiem Expands Litigation Practice with Launch of Asia Disputes & Restructuring Group
Under this new initiative and through our existing multi-lingual team in Hong Kong, clients will be serviced by the most experienced and highest rated partner-led team in Asia, Bermuda, BVI and Cayman.
09/21/2015
Charles Li defends JPMorgan hiring of princelings
Chinese and western bankers say this practice can often help banks win regulatory approvals, as well as coveted big-ticket deals from the government and state-owned enterprises.
09/21/2015
The Philippines-headquartered BDO Unibank Sets up Representative Office at DIFC
The UAE is home to an estimated 700,000 Filipino expatriates and BDO Unibank's objectives include supporting them, while facilitating investments and money flow to the Philippines.
09/20/2015
How China decided to redraw the global financial map
The bank’s successful establishment is likely to bolster Beijing’s confidence that it can play a leading role in supranational financial institutions
09/18/2015
CSRC at centre of corruption shakedown
Mr. Zhang was a key figure in the CSRC’s recent drive to stabilise the A-share market
09/18/2015
1MDB mystery deepens as Abu Dhabi questions another missing US$993m to IPIC
The US-based daily reported Abu Dhabi officials are questioning a further US$993 million that 1MDB said it has paid IPIC, but which WSJ’s sources say are undocumented.
09/17/2015
Successfully investing in Singapore
A view from Withers KhattarWong
09/17/2015
CFTC Orders Australia and New Zealand Banking Group Ltd. to Pay a $150,000 Penalty for Inaccurate Large Trader Reports for Physical Commodity Swap Positions
The CFTC Order requires ANZ to pay a $150,000 civil monetary penalty and to cease and desist from committing further violations of the CEA and CFTC Regulations, as charged.
09/16/2015
Indonesia to overhaul bank rules to guard against collapses
The agency guarantees bank deposits and would take over any lenders in the event of a failure.
09/16/2015
New Australian laws to crack down on global firms avoiding tax
Under this new law, when we catch companies cheating, they will have to pay back double what they owe, plus interest