07/22/2014
RBS will make a voluntary contribution of $1.6 million to finance independent financial literacy projects in Australia as part of an enforceable undertaking, according to a release the Australian Securities and Investment Commission.
07/22/2014
The act replaces a cap of 60 percent on foreign ownership of Philippine lenders and abolishes restrictions that have allowed only 10 foreign banks to have fully-owned operations in the country.
07/22/2014
New Zealand's central bank on Tuesday said it would begin a review of the country's banking regulations this month to assess their effectiveness in the aftermath of the global financial crisis.
07/20/2014
Switzerland raise legal issues over sharing details of illegal Indian accounts: Arun Jaitley
Jaitley said the treaty between India and Switzerland on information sharing was prospective in nature, the reason why the country was not cooperating on the previous lists of such account holders.
07/18/2014
This to us is big bank bullying and we will strenuously defend for all New Zealanders the right to use this word
07/18/2014
The regulators talk about it all the time as if it is a problem, so sooner or later they will do something
07/18/2014
Youhuitong reportedly helped wealthy Chinese individuals send unlimited funds abroad after they apply for immigrant investor programs
07/18/2014
DLA’s website now lists 24 partners in its Hong Kong practice, with one of those also listed in Silicon Valley and another also listed in Bangkok.
07/18/2014
With this, the central bank has signed MoUs with 21 supervisors for supervisory co-operation.
07/17/2014
Non-traditional banking practices are not subject to supervision by the FSC so it cannot intervene when disputes do arise
07/17/2014
Baker & McKenzie and Clifford Chance are understood to be advising on the IPO of Hong Kong airlines, estimated to worth approximately $500m.
07/17/2014
Can Hong Kong still compete? Top lawyers raise concerns about the city's future as a financial centre
Welcoming more than 100 delegates to Legal Week's third Corporate Counsel Forum Hong Kong, Solicitor General Frank Poon alluded to the city's recent ranking as 20th in the world for economic freedom and third as a global financial centre.
07/16/2014
Leading dispute resolution partner joins International law firm in Beijing
The firm now has 18 partners and over 150 total staff members across its Greater China network
07/16/2014
Ex-HSF partner joins World's premier global law firm
The Brisbane office marks Bakers’ first expansion in Australia in three decades
07/16/2014
CITIC Pacific does not intend to place any more shares through placement
07/16/2014
Baker & McKenzie has been voted ‘Employer of Choice’ in Hong Kong, Indonesia, Malaysia and the Philippines, according to a recent survey conducted by Asian Legal Business.
07/16/2014
Tokyo District Court Chief Judge Akira Ando said Echigo can’t be strongly blamed for the offenses because his bosses remained silent and failed to stop them
07/16/2014
The Financial Supervisory Service said it has carried out in-depth on-site inspections of 86 asset management companies in June to check their compliance with regulations in selling funds and other financial instruments.
07/16/2014
The firm has also laid off a senior executive in the business development team as part of a broader restructure of the group.
07/16/2014
A financial inquiry has all but ruled out letting Australian regulators have a kill switch on bankers’ bonuses, which can be worth millions of dollars.