03/18/2015
NAB, ABS insider traders jailed
This is the first time an ABS officer has been convicted of unauthorised disclosure of statistics.
Legal, Regulation & Compliance
03/18/2015
Leading offshore law firm advised ICO Group on its Hong Kong Listing
A majority of the proceeds will be used for purchasing new office space and renovating existing offices, as well as for strategic business growth through merger, acquisition or business collaboration.
03/18/2015
Appleby Wins IFLR's Private Equity Deal of the YearAward
IFLR Asia Awards Recognise Firm’s Work on US$3 Billion Take Private Deal
03/17/2015
Appleby Wins IFLR’S Private Equity Deal Of The Year Award
IFLR Asia Awards Recognise Firm’s Work on US$3 Billion Take Private Deal
03/16/2015
NAB's UK headache becomes a migraine
After a recent grilling in the Senate into misconduct in its Australian financial-planning arm, National Australia Bank is assessing the ramifications of a damning parliamentary report into alleged misconduct by its British banks.
03/15/2015
Private banking seeking reform amid growth
As of the end of September, the number of private banking accounts of banks like SPD Bank, China Minsheng Bank, Ping'an Bank, and Bank of Communication had all seen considerable growth.
03/15/2015
'Remuneration requirements for banks – a global comparative analysis' - Norton Rose Fulbright
This guide is the third in a series that Norton Rose Fulbright has produced on structural banking reform
03/15/2015
India court gives Sahara last chance to raise funds against properties
India's top court on Friday gave conglomerate Sahara, whose boss has been in a jail for a year, a final chance to raise funds against its properties in order to bail out its chairman
03/15/2015
Hong Kong company Mei Invest linked to global art scandal, reports claim
A Swiss businessman at the centre of a global art scandal has alleged links to Hong Kong, China, HSBC and Swiss bank accounts, corporate searches and media reports reveal.
03/13/2015
China Construction Bank plans to buy 2-3 Indonesian banks -Indonesia regulator
China Construction Bank Corp plans to buy two to three "small" Indonesian banks, an official at Indonesia's financial regulator said on Friday.
03/13/2015
Ropes & Gray Honored with Three Awards at IFLR Asia Awards
The IFLR Asia Awards occur annually and recognize innovative and top-tier legal work performed by private-practice and in-house attorneys in the region.
03/12/2015
Sri Lanka’s ‘Stolen wealth’ uncovered in Ukraine, UAE and Switzerland
The investigation is said to be ongoing
03/11/2015
Taiwan’s FSC to clamp down on offshore fund houses
The measure has prompted many offshore managers to join an incentive scheme
03/11/2015
ASIC bans Charterhill director from financial services
Businesses in the group included Financial Wellness, Nova Real Estate, Lending Solutions International and EJ Property Developments
03/11/2015
Project Wickenby’s seven-year hunt lifts lid on dubious trades
The companies in Western Samoa, Britain, the Bahamas and the Cayman Islands, had made hundreds of millions of dollars in profits from questionable trading in Australian shares
03/11/2015
1MDB’s Cayman Islands funds parked in Singapore
The decision to keep the funds in Singapore is “fishy” if it was meant to circumvent Bank Negara regulations
03/11/2015
HFW continues investment with Partner promotions
Reflecting its international reach and client base, Holman Fenwick Willan has today announced Partner promotions in four of its international offices and in line with its focus on sector specialisation
03/11/2015
Xinhua Insight: China mulls granting broker license to banks
Rumors that the country's securities regulator is moving to loosen restrictions over brokerage business have been circulating since last month.
03/11/2015
Top regulator-nominee calls for tough reform, risk management on household debt
Yim was named by President Park Geun-hye last month to take the helm of the country's top financial authority.
03/10/2015
Bank Negara must investigate Jho Low for money laundering, says DAP
The party's publicity chief Tony Pua said that the complicated money trail involving 1MDB clearly showed that it was meant as a cover up and to legitimise the acquisition of assets using illegitimately acquired funds.