05/02/2013
Banks told to comply with KYC norms strictly
has asked banks to carry out better customer due diligence and maintain details of third party products sold by them
Legal, Regulation & Compliance
05/01/2013
Blackmoney: First ED notice against LGT account holders
Enforcement Directorate has slapped its first penalty notice of Rs 2 crore for alleged forex violations against an individual
04/30/2013
Watchdog chief takes pop at wealth products
So say finance industry executives who recently met China Securities Regulatory Commission chairman Xiao Gang, Moneyweek reported yesterday.
04/30/2013
Ex-UBS Executive Convicted of Paid Sex With Underage Girl
He could be jailed for as long as seven years and fined for each charge, will be sentenced on May 8.
04/30/2013
International law firm secures Singapore alliance and launches in Beijing
Meanwhile, the firm has also officially opened a representative office in Beijing
04/30/2013
OECD’s Global Forum on Transfer Pricing releases a Draft Handbook on Transfer Pricing Risk Assessment
The objective of this project was to produce a practical handbook that provides clear and detailed steps countries can take to assess the transfer pricing risk presented by an individual taxpayer’s operations.
04/29/2013
Tiger Asia Challenges Hong Kong Regulator’s Power to Sue
Commission must first seek a criminal prosecution or civil inquiry
04/29/2013
China's second largest law firm opens Israel office
He will remain managing partner of the base, working alongside local partners
04/25/2013
HKMA and SFC commit to standards on FMIs
Both the HKMA and the SFC will implement the PFMIs within their respective regulatory frameworks.
04/25/2013
MoFo boosts Hong Kong PE team with Ropes & Gray partner hire
Morrison & Foerster (MoFo) has added to its Hong Kong private equity team with the hire of Ropes & Gray partner Marcia Ellis.
04/23/2013
Appleby advised CNPC General Capital Limited in relation to a US$2 billion notes issuance
"This deal underlines the country’s growing presence in the international debt market and we expect this issuance to pave way for other SOEs to take similar actions.”
04/23/2013
Innovative law firm expands into Hong Kong and continues rapid growth
“As an international business hub, Hong Kong is a very attractive market for us and we look forward to replicating our success in Australia and Singapore in this market."
04/23/2013
A&O tops ranking of India foreign firms ahead of Magic Circle, Herbies, Americans
London-headquartered Magic Circle firm Allen & Overy (A&O) has come out at the head of a new ranking of foreign law firms’ Indian practices
04/21/2013
Australia Litigation Funders Spur Record 2012 Settlements
Total settlements since the country allowed class actions 20 years ago now stand at just over A$1 billion
04/21/2013
A&O tops list of foreign India practices
Allen & Overy has come out at the head of a new ranking of foreign law firms’ Indian practices, narrowly beating magic circle rival Linklaters.
04/18/2013
Bird & Bird plans further Asia-Pacific expansion as firm sets sights on Indonesia and South Korea
Firm mulls further co-operation agreements as part of plans to grow Asia revenue to 20% of firmwide total
04/18/2013
Conyers takes home top honours at ALB China Law Awards
The event, now in its tenth year, recognises the outstanding achievements of China’s leading law firms and in-house legal teams as well as the top deals and dealmakers of 2012.
04/18/2013
Former Citigroup broker convicted for insider trading
The Western Australia Supreme Court has convicted a former Citigroup broker for insider trading, following an investigation from the Australian Securities and Investments Commission
04/17/2013
International law firm boosts Singapore Technology team
He will lead and develop the TMT and commercial practice in Singapore and source work locally and internationally
04/16/2013
Hedge Fund Manager Ueda Sues Ex-Partner
The two men had an agreement preventing them from withdrawing more than their stakes in the company that they founded in 2004, according to the complaint.