07/23/2015
ANZ ups investor rates in response to APRA guidelines
The move is a notable escalation in moves by the big four to prop up margins.
Legal, Regulation & Compliance
07/22/2015
China denies exit of rescue funds
The China Securities Regulatory Commission has denied claims that it is considering plans to withdraw funds previously used to stem the recent stock market crash.
07/22/2015
Singapore police freeze two bank accounts related to 1MDB probe
The Wall Street Journal (WSJ) reported that investigators looking into 1MDB had traced close to $700 million of deposits into personal bank accounts belonging to Prime Minister Najib Razak.
07/22/2015
Mindful of global risks, Philippines c.bank plots steady course
The Philippines has become a star performer among emerging markets since its reformist president, Benigno Aquino, took office in 2010.
07/21/2015
Australia banks told to raise US$7b under new capital rules
The financial regulator also said large banks and mortgage rival Macquarie Group Ltd may have to raise more in future as the country shifts from letting property lenders decide cash reserves to making them follow global standards.
07/21/2015
Van Eyk asset hunt: investors take legal action in Cayman Islands
The hunt for assets belonging to failed funds management empire Van Eyk has moved to tax haven the Cayman Islands.
07/21/2015
Appleby Advised Chia Tai Enterprises on its Spin-Off and Listing
The spin-off structure featured a Bermuda company listing two classes of shares, an innovative approach on the Hong Kong Stock Exchange.
07/21/2015
Big four accounting firms push into legal services
What's more, they have ambitious expansion plans and the capital to continue investing in this service line.
07/21/2015
Government consults legal experts on allowing foreigners to directly invest in venture capital and PE funds
The government has sought the opinion of legal experts on allowing foreigners to directly invest in Indian venture capital and private equity funds.
07/21/2015
IRS targets Singapore in tax evasion crackdown
First came Switzerland. Now the Internal Revenue Service has a new target: Singapore.
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
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.