11/02/2014
High-flying British banker arrested after two sex workers found dead
The 29-year-old who works for a top bank was arrested after the two women were discovered in a luxury apartment building
Legal, Regulation & Compliance
10/31/2014
Parent of Malaysia’s Zicolaw to use Singapore IPO to fund ASEAN expansion
The parent of Malaysian law firm network Zicolaw is seeking to raise $14.4m on the Singapore Stock Exchange with the aim of funding expansion across the Association of Southeast Asian Nations (ASEAN) region.
10/31/2014
Forex fraud lands Singapore CFO 39 month jail term
Seven years after Singaporean marine engineering giant Sembcorp’s long-standing CFO brought the company to near bankruptcy, he is committed to jail. LeapRate explains the full circumstances surrounding the effect caused by Wee Sing Guan’s acti
10/31/2014
International co-operation in cross-border insolvencies: smoothing the path for foreign liquidators in Hong Kong
A recent decision of the High Court of the Hong Kong SAR should make the task of liquidators of BVI, Cayman and other foreign companies more straightforward in the region.
10/31/2014
Mourant Ozannes joins Guernsey delegation in China
Promoting Guernsey as an international funds and private wealth management centre was the agenda of a recent delegation from Guernsey Finance in China, joined by Mourant Ozannes' Hong Kong managing partner Paul Christopher
10/30/2014
Appleby Advised on Mitsui's US$21 MILLION ACQUISITION OF TSIT WING
Mistui's becomes 2nd largest shareholder of Tsit Wing from its US$21 million investmet
10/28/2014
Financial planning has gotten beyond a joke
When comedian Shaun Micallef's latest episode of Mad as Hell did a spoof on the scandal-ridden financial planning industry it was a signal that the shenanigans had well and truly entered in the public psyche.
10/28/2014
Competition halves law firms’ fees for NCD-related work
"Law firms are bidding Rs 2-3 lakh for work that until the start of this year would have fetched a fee of Rs 4-5 lakh," the promoter of a mid-sized law firm said on condition of anonymity.
10/28/2014
India reveals first eight names in black money probe
The Indian authorities have revealed the names of eight businessmen they have accused of being among dozens of people hoarding untold sums of “black money” in foreign banks.
10/28/2014
GJEPC urges Centre to grant banking licence to ABN Amro Bank
The delegation told Kher that ABN is the largest lender to the diamond industry
10/27/2014
Myanmar Licensing, a milestone in banking industry
Greater convenience is one thing foreign companies doing business in Myanmar can expect as nine foreign banks gradually start their operations within the first half of next year.
10/27/2014
Three pillars of policy tightening by central banks
The problem is that in the world after quantitative policy, central bank policy can no longer be represented by a simple interest rate line on a chart.
10/27/2014
ABN AMRO Clearing Sydney Pty pays $40,000 infringement notice penalty
Market Participants are specifically required to set and document appropriate pre-determined Order and/or position limits on each Client Account. They are also required to set and document appropriate MPC limits on each Client Account.
10/27/2014
Black money: Lodhya denies having a Swiss bank account
City-based bullion trader Pankaj Lodhya, who has been named by the Centre in an affidavit filed before the Supreme Court in the black money case, today denied having a foreign bank account and said he was shocked to find his name in the list.
10/26/2014
Deloitte named a leader in Global Risk Management Consulting services by Gartner
Cyber Risk Services and Crisis Management round out broad portfolio Deloitte considers cyber risk services to rank among its most important offerings in the marketplace.
10/26/2014
One of Vietnam's richest business tycoons arrested for 'fraud'
One of Vietnam's richest business tycoons has been arrested on suspicion of lending fraud,
10/26/2014
Australia: Major banks pay the price for being ‘too big to fail’
The financial system inquiry will be the single biggest driver of Australian bank share prices in the next two years
10/24/2014
Baker & McKenzie turns to Corrs for Aussie corporate hire
On his appointment, Peter said: "Baker & McKenzie is the global firm against which all others are measured"
10/24/2014
Banking chiefs want stronger 'Asian voices' in reform talks
The region's banking chiefs are calling for stronger "Asian voices" in global discussions about industry regulatory reform.
10/24/2014
BNY Mellon China JV gets regulator approval for exit of U.S. partner
Joint ventures between Chinese financial services firms and foreign counterparts have run into trouble recently, with defaults mounting among local partners amid a slowing economy.