11/23/2014
The Office of the Ombudsman has asked a special court to order the seizure of $2 million in alleged illegal assets amassed by a cabinet official and close political ally of former president Gloria Macapagal-Arroyo.
11/21/2014
Hong Kong asks China for more RQFII quota
We hope to see a good figure
11/21/2014
$121m sent offshore after Astarra custodians exit
ANZ removed itself as one of the gatekeepers of Trio Capital's fund in February 2009 and was replaced by National Australia Trustees Ltd
11/20/2014
Westpac moves first on 'terrorist' accounts
Westpac is the last of the four major banks to withdraw from servicing remitters, as concern about reputational risk grows and pressure from big global banks that clear transfers steps up as conflict rages in the Middle East.
11/20/2014
The fund was LM’s flagship product and was heavily marketed overseas as a low-risk, stable-return vehicle ideal for people planning a retirement.
11/20/2014
- New Zealand's wallets and purses will be sporting a lot more color when the Reserve Bank of New Zealand begins releasing new banknotes designed to foil counterfeiters from next year.
11/20/2014
The Ahmedabad zonal unit of ED had issued summons to Lodhiya in connection with his foreign transactions.
11/19/2014
Offshore investment jurisdiction is not illegal and whether a company decides to invest offshore depends on its business strategy
11/19/2014
Since mid-2012, ASIC has inquired into possible manipulation of Australia’s benchmark, or BBSW, rates by 14 banks that contributed prices to the rate setting process.
11/19/2014
BTMU Pressured its Consultant, PwC, to Remove Key Warnings to Regulators on Bank’s Transactions with Sanctioned Countries, Including Iran, Sudan, Myanmar
11/19/2014
Arbitration back in the spotlight
It was a full house when global firm Baker & McKenzie hosted the relaunch of the Chartered Institute of Arbitrators (CIArb) Australia NSW Chapter with guest speaker the Hon Murray Gleeson AC
11/19/2014
Banks chase trading cheats with 'fuzzy' surveillance
Stung by billion-dollar fines for malpractice on their trading floors, the world's big banks are using 'fuzzy logic' tools such as relationship mapping and behavioural analytics to read the minds of would-be cheats among their traders.
11/18/2014
Ropes & Gray appoints corporate partner in Korea
He brings extensive knowledge and veteran experience to the Ropes & Gray corporate team
11/16/2014
PwC nabs another KWM lawyer
Kurdian’s expertise lies in cross-border and domestic M&A and transactional funds work, particularly in the real estate and infrastructure sectors.
11/14/2014
The Reg S deal attracted an order book of $4 billion and 200 accounts even after pricing was tightened from an initial range of 300bp over Treasuries to 5bp either side of 275bp over.
11/14/2014
Preventing taxpayer-funded rescues of the world's biggest banks will be one of the top priorities for global leaders meeting in Brisbane this weekend.
11/13/2014
over their roles in financial ruin of Australians
11/13/2014
Across the industry, the class action could be worth as much as AU$250 million (RM725.32 million), according to the law firm.
11/12/2014
Performance Measurement No Longer Exists in a Vacuum - DST Global Solutions
Investment Management is operating in a world of more – more regulation, more transparency, more meaningful investment information and more control.
11/11/2014
RBI tightens rules for "shadow banks"
The Reserve Bank of India has tightened rules for so-called "shadow banks", raising minimum capital requirements and restricting deposits with a set of changes that it hopes will protect consumers and the market without stifling growth.