07/20/2015
Banks resort to Beijing-backed shadow bailouts for market
Mainland lenders resort to shadow banking market so companies can buy their own shares - all under the auspices of the government
Legal, Regulation & Compliance
07/20/2015
US authorities investigating Singapore asset manager in offshore tax evasion crackdown, says WSJ
In its online report on Sunday, the Journal said the investigation marks an expansion east of the US crackdown on undeclared offshore accounts that began in Switzerland in 2009.
07/20/2015
Bank capital requirements raised
The Australian Prudential Regulation Authority has announced that the major banks will be required to increase the level of capital they hold relative to their residential mortgage exposures.
07/20/2015
India Signs Up For FATCA To Block Black Money
Hundreds of thousands of non-resident Indians live and work in America and remit a large slice of their income home, while the Indian government wants to track down taxpayers who invest in the USA.
07/19/2015
China tightens grip on internet financing platforms
Chinese regulators are tightening their grip on internet financing, after the recent stock market crash raised worries over margin financing and the risk of ordinary citizens losing their savings.
07/19/2015
'India Has Shared Protocol to Tackle Black Money Abroad'
The Black Money Act, for the first time, allows levy of tax in India on assets kept abroad.
07/17/2015
Longford Capital Expands Global Reach Through Joint Venture
Arrangement to Provide Longford Capital With Access to High-Quality Investment Opportunities Across Australia and New Zealand
07/17/2015
Slain Swiss banker 'very cynical' about Najib & 'unbelievable' corruption in his govt
We are now a movement for Justice. Please follow for the noble cause to wipe out corruption from the top to down in Malaysia.
07/16/2015
Court dismisses US hedge fund appeal against Samsung merger
The court has rejected the appeals, upholding the lower court decisions
07/16/2015
Case between Indian billionaire Pankaj Oswal and ANZ "off the rails": judge
Justice Sifris said each side had been either insulted or indignant at the other party's submissions and he had spent "days and days" reading all the written submissions in the case.
07/16/2015
APS Asset Management lifts suspension of Greater China hedge fund
The APS fund managed about $85 million at the end of June
07/16/2015
MAS 'committed to safeguarding financial system'
1MDB scandal prompts regulator to outline S'pore's anti-money laundering regime
07/16/2015
Central Banks Likely to Jump Into China Bond Market
The lifting of restrictions is expected to spur buying, given the banks’ keen interest in yuan assets
07/16/2015
India simplifies foreign investment rules, banks to benefit
One of the most important decisions in relation to the investment is the introduction of composite caps for simplification of foreign direct investments
07/16/2015
SBP relaxes key executives rotation policies for banks
The SBP has been endeavoring to strengthen corporate governance regime in line with the international best practices.
07/15/2015
Flow-on effect could hit NZ banks
New Zealand bank profits could be hit if their Australian parents have to raise an extra $AU30 billion to improve their capital levels.
07/14/2015
Attorney General Leads Delegation To China
To ensure negotiations happen as soon as possible
07/14/2015
Supreme Court auctions Sahara property
The Gorakhpur Real Estate company had filed an application objecting the sale of property at Rs 64 crore to Samriddhi Developers and had offered Rs 110 crore
07/13/2015
Global anti-money laundering meeting held in Auckland
This meeting is an opportunity for us to share our knowledge and ideas with other countries
07/13/2015
HFW extends corporate and projects capability with Partner hire
Leading international law firm Holman Fenwick Willan is delighted to announce that Haydn Dare has recently joined the firm as a Partner working in South East Asia with a particular focus on Singapore and Indonesia.