12/23/2013
The new capital impost will take the big four Australian banks’ minimum common equity tier 1 capital requirement to 8 percent, in line with current capital levels at the lenders, according to their annual reports.
12/23/2013
Winston & Strawn Hong Kong gets new partner
He also advises investors on corporate governance issues, and how to invest in emerging markets
12/20/2013
Herbert Smith Freehills named best financial law firm for third consecutive year
Herbert Smith Freehills has once again been named the Best Financial Law Firm by FinanceAsia for the third consecutive year.
12/20/2013
The court ordered Transparency to immediately state the reasons for their objection.
12/19/2013
Allens in Singapore down to one lawyer after final partner exit
The Australian outfit, which allied with the magic circle firm in May last year and has since moved into their offices on George Street in the city-state, has seen the departure of 11 lawyers and four partners in the region since the beginning of 2012.
12/19/2013
Details on the SFC official notification state that the multi-asset broker had submitted a license application to enhance its product offering with certain terms and conditions that were agreed with the regulator at the time.
12/18/2013
Former DBS staffer gets Hong Kong life ban
Hong Kong's securities regulator has banned Ivy Kiu Koon Yee from the financial services industry after six counts of theft and two counts of dealing with property believed to be unlawful.
12/17/2013
The number of new incorporations across the whole offshore region has fallen slightly compared with the previous six-month period but as the number of firms ceasing to trade has also dropped, this has allowed most registries to continue to grow. Many are
12/16/2013
Compliance with regulations has put cost pressures on banks, creating internal instability and making them fertile hunting ground for recruiters in 2013.
12/16/2013
Former Malaysian fund manager fined $390,000 for providing misleading disclosures
Mohamed was charged in 2003 with two offences for authorising the misleading statements to be made to the SC and one offence for having abetting Metrowangsa in using RM50 million of Lembaga Tabung Haji's moneys to pay its other clients.
12/16/2013
Milbank hires new partner in Hong Kong
He joined from Allen & Overy
12/16/2013
Duel qualified in Hong Kong and in England and Wales, she has practised in each of the jurisdictions for over a decade.
12/12/2013
The shire headed the action on behalf of a group of councils, churches and charities that lost around $180m on investments in the Global Financial Crisis.
12/12/2013
The handover is part of a U.S.-China deal reached in May that allows the U.S. access to audit firms' documents about their Chinese clients, conveyed to the U.S. through Chinese regulators.
12/11/2013
A Reuters report said the Securities and Exchange Board of India or SEBI has began a crackdown on mutual funds, which has frustrated asset managers
12/10/2013
Former Herbert Smith Freehills’ Singapore partner John Dick has joined Ernst & Young Singapore as a partner as the “big four” accounting firm mulls legal services launch.
12/09/2013
Ex-Deutsche Bank Trader Gets Seven Years Jail for Bribes
Ma Sin-chi, a former Deutsche Bank AG (DBK) managing director in Hong Kong, was sentenced to seven years in jail for accepting HK$24.8 million in bribes.
12/09/2013
Overall, 49% thought that no regulator had succeeded in this respect, with a majority of respondents in the US and the UK holding this view.
12/09/2013
The firm analysed how countries globally were reacting to data protection and found the greatest shift in the Asia Pacific region
12/09/2013
Herbert Smith Freehills has named Tokyo managing partner Peter Godwin as the firm’s new regional head of disputes in Asia.