09/15/2015
Former broker guilty of fraud
We are currently considering the implications of the decision and won't be commenting at this time.
Legal, Regulation & Compliance
09/15/2015
Malaysia to Allow Swiss to Question Witnesses in 1MDB Probe
Investigation into state investment fund involves corruption allegations against prime minister
09/14/2015
Crestone takes UBS licences
Crestone is the former UBS Wealth Management and is being spun-off from its parent.
09/14/2015
Mayer Brown, Citigroup win big at HK Law Awards 2015
The event also recognised the achievements of Hong Kong’s in-house legal community.
09/13/2015
‘I wasn’t arrested, I was meditating’
Li's case highlights the embryonic role that hedge funds play in China's emerging investment landscape
09/13/2015
China issues state-firm reform plans, expects results by 2020
It will also help prevent the loss of state assets.
09/10/2015
Mercer handed fine for unlicensed advice in Singapore
The fines relate to the company allowing four ineligible representatives to provide financial advice on its behalf.
09/10/2015
Abu Dhabi hunts for $1.4bn payment in Malaysia scandal fallout
The Gulf emirate’s International Petroleum Investment Company is trying to get to the bottom of an apparent $1.4bn mismatch in its dealings with 1Malaysia Development Berhad.
09/09/2015
Allegations family of Malaysian billionaire 'laundered' money in Australia
Major hotels chains like Hilton normally manage and lend their name to properties that are owned by other parties.
09/08/2015
China Essence sorting out stock-transfer issue
Trading in its shares suspended as firm seeks more time to give SGX additional info on unauthorised transfers
09/07/2015
Lean pickings for junior lawyers amid glut
Large law firms have not yet scaled back hiring or cut salaries of newly qualified and junior lawyers, but at least one has moderated its remuneration package for this group.
09/07/2015
Leading offshore law firm establishes contentious restructuring and litigation practice in Hong Kong
Our ability to provide litigation advice on the ground in Hong Kong means we can continue to deliver an exceptional client service.
09/07/2015
Debevoise Advises Nereus Capital on its Joint Venture with Hareon Solar and Treasury Group
The projects are expected to begin commercial operations by the end of 2015. Upon completion, the projects will generate approximately 52 million units of electricity per year.
09/06/2015
Israeli banks named in Australian tax evasion affair
Binetter has been indicted on charges of tax evasion
09/06/2015
Accused Asian crime syndicate boss charged over alleged $4m mystery Australian online bank account scam
They claim he stole the personal details of customers from the country’s biggest banks
09/06/2015
'Putin's banker' enlists Kiwi solicitor to untangle trusts
Russian tycoon is not the only foreigner to appreciate the safe haven that New Zealand can offer.
09/03/2015
Switzerland freezes tens of millions linked to Malaysia wealth fund
The investigation was triggered by two notifications of suspicious money transfers by the Swiss financial intelligence unit MROS
09/03/2015
Standard Chartered to merge its leasing subsidiary with OLPL
The Standard Chartered management has decided to concentrate on its core banking operation while relieving out its business of financial services through amalgamation of a subsidiary
09/03/2015
China tightens trading rules on forex, stock markets
Facing slowing economic growth and sharp currency and share losses, Beijing has prioritised near-term stability over longer term market liberalisation.
09/03/2015
Swiss Authorities Freeze Millions of Dollars Linked to Malaysian Fund 1MDB
Move comes after the Swiss Attorney General opened criminal proceedings against executives at the fund