07/09/2014
LM action group one year on cites ASIC failings in Senate report
Back-stabbing competition was the normal standard for the offshore IFA universe
Legal, Regulation & Compliance
07/09/2014
Hong Kong regulator warns bankers on IPO rules
Hong Kong's securities watchdog has warned investment bankers they need to provide "meaningful disclosure" for initial public offerings
07/08/2014
Central banks ending era of clear promises, return to 'artful' policy
Western central banks ditching specific forward guidance
07/08/2014
Squire Patton Boggs merges with Tokyo corporate boutique
As part of a global practice we’ll now be able to offer clients considerable added value and leverage our presence to support our clients on significant international projects
07/08/2014
Malaysia's Zicolaw expands into Laos
Mr. Vieng has been practising as a lawyer in Laos for more than 10 years
07/08/2014
Macquarie rebukes advice, compliance concerns
The group entered into an enforceable undertaking (EU) with ASIC in January 2013 and it added that it is in "regular discussion with ASIC.
07/08/2014
Japan's FSA to stiffen supervision of asset management industry -sources
Fund managers have come under scrutiny after AIJ Investment Advisors in 2012 lost more than 100 billion yen in pension money and falsified reports to investors to cover up its losses. (Reporting by Takahiko Wada; Writing by Taiga Uranaka; Editing by Willi
07/07/2014
Beijing crackdown nets five more fund managers
Market shake-up expected as Beijing shows zero tolerance for insider trading
07/04/2014
China urges talks between Argentina, hedge funds
China understands relevant concerns of the Argentine side on debt issues related to the 'vulture fund
07/04/2014
Indonesia 'will be more strict on foreign acquisition of banks'
In July last year, Singapore's DBS Group Holdings Ltd said it would not pursue a $7.2 billion takeover of Indonesia's PT Bank Danamon after Indonesia's central bank capped foreign ownership of its banks at 40 percent.
07/04/2014
China stock regulator hands over JV fund insider trading cases to police
The regulator launched a sweeping clamp-down on insider trading in China's $1.2 trillion mutual fund industry this year as part of efforts to rebuild investor confidence in the country's lagging stock markets.
07/03/2014
DibbsBarker kicks off financial year with three new partners
DibbsBarker is pleased to announce the appointment of three new partners from 1 July 2014, as well as 12 other promotions firm-wide for the new financial year.
07/03/2014
Singapore’s Central Bank Steps Up Effort To Combat Financial Crime
One of the steps the MAS is taking to lower such risks is to discontinue the issuance of S$10,000 notes from Oct 1
07/02/2014
Withers appoints seven new international partners
Withers has announced the appointment of seven new partners across the firm's international offices and practice areas. The appointees' new roles took effect from 1 July 2014.
07/02/2014
Will Hong Kong's New Companies Ordinance Affect the Use of BVI Companies? By John Melia, Partner and Group Head, Corporate & Commercial/Hong Kong, Appleby
Hong Kong's new Companies Ordinance came into force on 3 March, 2014, and is designed to modernise Hong Kong companies and make them easier to operate. Historically, certain aspects of the Hong Kong company law regime have encouraged the use of BVI c
07/01/2014
Asia Pac 150: Davis Polk leads US firms’ charge in Hong Kong
The growth means the firm has overtaken Latham & Watkins, O’Melveny & Myers and Pinsent Masons to become the 20th largest firm in the region
07/01/2014
Former WealthSure financial adviser gets jail time for fraud
Veitch was an authorised representative of WealthSure from 14 December 2005 to 23 February 2010.
06/30/2014
CIMA Business Brief on unravelling FATCA complicities
CIMA Sri Lanka conducted the business brief on 27 June under the theme ‘Unravelling FATCA complicities’.
06/30/2014
Headcount at Eversheds falls by 23.5 per cent
Eversheds saw the biggest drop
06/29/2014
China's $US15 billion in fake deals could weigh on gold
Chinese gold processing firms have used falsified gold transactions since 2012 to borrow 94.4 billion yuan from banks, the country's chief auditor said.