06/30/2013
China’s Financial Regulation Mess
Wealth management products are typically short-term investments marketed by banks and other institutions as safe but more profitable alternatives to deposits.
Legal, Regulation & Compliance
06/30/2013
London tax lawyer in 71-strong partner round at Global law firm
The Firm also reported that it has added 60 lateral partners in key practice areas and jurisdictions over the past year.
06/30/2013
From today, tax offences in Singapore are a ‘money laundering crime’
They are taking the form of updates to Singapore’s Corruption, Drug Trafficking and Other Serious Crimes
06/27/2013
Ashurst prepares for October vote over Oz merger
Ashurst has decided to bring forward the timetable for the proposed full merger with its Australian offices
06/27/2013
Global law firm Advises on the Slovak Republic's First Samurai Bond Issue in More Than 15 Years
Global law firm has acted as deal counsel on the Slovak Republic's issue of two series of Samurai bonds
06/26/2013
Global ETF regulation proposed
The International Organisation of Securities Commission (IOSCO) has issued a report outlining how it wants exchange traded investment vehicles regulated globally.
06/26/2013
Former Everest CEO banned from financial services
Jeremy Michael Reid has been banned from the financial services industry for two years.
06/26/2013
Thai c.bank liberalises rules on fund outflows
Thailand's central bank has scrapped some curbs on capital outflows to encourage investment in other countries
06/26/2013
Fantastic four soar up ranks at KWM
The firm made two promotions each in both its Sydney and Perth offices.
06/26/2013
Gibson Dunn Appoints New Partner in Charge of the Hong Kong Office
Kelly will lead the firm’s Hong Kong office
06/25/2013
CC hires Latham's Dubai funds partner for Singapore
He will relocate to Singapore for his new role in Clifford Chance, where he will head the office’s funds and investment management practice.
06/24/2013
Libor scandal: regulators launch global review
Mark Carney, chairman of the Financial Stability Board and incoming Governor of the Bank of England
06/23/2013
China central bank urges lenders to beef up liquidity management
China's central bank has urged lenders in the country to strengthen liquidity management, according to an official note published on Monday
06/21/2013
Another health warning
Banning banks across Asia from selling subordinated bonds to retail investors sends an important message
06/20/2013
KPMG Again Ranked Among World's Best Outsourcing Advisors
KPMG receives highest designation of "balanced performance" by leading industry organization
06/20/2013
Jefferies Wrongfully Fired Asia Trader Over Hitler Video
Jefferies Group LLC wrongfully fired its former Asia head of equity trading Grant Williams over a newsletter that included a reference to a Hitler parody video
06/20/2013
Three-year suspension for agent who mis-sold ILAS products
HKMA suspended Sit Wai-hong for mis-selling the controversial products known as investment-linked assurance schemes
06/20/2013
China's central bank tightens screw on shadow banking system
China's central bank has sent a "warning signal" to the country's overextended lenders
06/20/2013
Bank of Tokyo-Mitsubishi to pay £162 million for money laundering
The bank will also undergo a year of special monitoring by an approved consultant as part of its settlement
06/19/2013
IMF to fund claims against Lehman Asia
IMF has agreed to fund claims which have been filed in the High Court of Hong Kong this week on behalf of 63 churches, councils and charities against Lehman Asia.