03/12/2014
SC to step up capabilities for Islamic fund, wealth management
The Securities Commission will further strengthen industry capabilities and cross-border linkages in the area of Islamic fund and wealth management
Legal, Regulation & Compliance
03/12/2014
China to launch private bank pilot programme
The pilot, which was approved by China's government in January, is the first tentative step by the country to open its hitherto closely guarded banking sector to private investors.
03/12/2014
ADB punishes individuals, firms in $1 billion fraud probe
The Asian Development Bank has imposed sanctions on 30 people and 31 firms for "integrity violations", following a 2013 fraud investigation into $1 billion worth of projects it funded,
03/12/2014
GIC will maintain price discipline in its investing decisions
The five principles are: pursue intrinsic value and maintain price discipline; practise long-term investing; pick our spot: be focused and leverage our strengths; pay attention to risk control and prepare for the future.
03/12/2014
SEBI: Appoint directors to fulfil anti-money laundering obligations
Asks intermediaries to furnish details to Office of the Director, FIU-India
03/12/2014
Hong Kong Probe Finds No Manipulation of Benchmark Rate
Hong Kong’s de facto central bank has notified banks in the city that a more than year-long investigation found no successful manipulation of the local benchmark interest rate
03/11/2014
International law firm strengthens Finance practice with hire of Asia-based specialist
He will join the Finance practice and work in BLP’s Hong Kong office, one of three offices the firm now has in Asia.
03/10/2014
Harneys becomes latest offshore firm to launch in Singapore
The Singapore base will be led by the firm’s global banking head Colin Riegels, alongside funds partner Lisa Pearce.
03/10/2014
US firms muscle in on Hong Kong
Hong Kong IPO activity is hotting up again, but UK legal stalwarts are looking over their shoulders as US rivals make up ground fast
03/10/2014
Top-tier Portuguese firm opens doors in East Timor
One of Portugal’s biggest law firms is to launch an office in the Asia-Pacific island of East Timor at the end of this month.
03/10/2014
Milbank mulls move away from Hong Kong law practice
Any move to close down the practice is expected to trigger the exit of Yih, although this as yet unconfirmed.
03/06/2014
HKMA boss gets rival tip for second term
These are just random reports
03/06/2014
ANZ faces class action appeal
An appeal has been lodged over a court ruling in favour of some fees charged by Australia and New Zealand Banking Group.
03/05/2014
PAKISTAN: Changes in REIT regulations on the cards
The Securities and Exchange Commission of Pakistan has proposed changes in the REIT regulations to attract investment in the real estate sector.
03/05/2014
China Business Law Journal names Conyers ‘Offshore Law Firm of the Year’
The China Business Law Awards are based on hundreds of nominations received from China-focused corporate counsel and legal professionals around the world.
03/05/2014
China eases restrictions on offshore lending in Shanghai FTZ
China’s foreign exchange regulator has eased restrictions for companies registered in Shanghai’s recently established free trade zone
03/05/2014
Reform advocates look to China's legislature for possible changes in banking, investment
Fledgling entrepreneurs in Liaoning province in China's northeast received a Lunar New Year gift in January when the government scrapped fees of up to $1,600 for registering a new business.
03/04/2014
Banks slam 'over-zealous' rules
Shielding these green shoots from the frost of regulatory reform is likely a challenge for 2014
02/26/2014
Former ING Asia Private Bank employee gets industry life ban
The case was referred to the SFC by the Hong Kong Monetary Authority.
02/26/2014
IOSCO wants stronger regulation in emerging markets
The International Organisation of Securities Commissions has said it is looking at ways to deepen markets and facilitate stronger regulatory capacity to enhance emerging markets’ resilience.