03/27/2013
Missing Billionaire Casts Pall on China’s Private Business Push
This time, his own brother is the suspect
Legal, Regulation & Compliance
03/26/2013
Slaughters' Japanese best friend to open in Singapore and Shanghai
According to the firm, demand for its services in South-East Asia from clients across financial services, manufacturing and retail means a launch in Singapore is necessary.
03/25/2013
KWM brings tax man back into the fold
Prior to working for Mallesons, he was employed with KPMG.
03/25/2013
Barclays Investigating After Private Banker Firing
Barclays has dismissed a Singapore- based private banker
03/25/2013
UBS asks Singapore court to seal cases of two fired traders
The request for seals underscores the highly sensitive information within the cases, which stem from a global crackdown on banks involved with submitting false reference rates for various markets to benefit trading books.
03/24/2013
Asset management licence of DCML cancelled
The commission has also taken action against DCML’s chief financial controller/company secretary
03/24/2013
Bird & Bird strikes alliance deal with Australia's Truman Hoyle
“It makes sense for us to formalise an agreement in Australia."
03/24/2013
Aquino warns wealthy Chinese on tax evasion
Recent government investigation led to "unexpected" findings that just 8pcof member-firms of the Filipino-Chinese Chambers of Commerce paid taxes
03/24/2013
Ex-UBS Executive Has to Defend Underage Sex Charges, Judge Says
Based on the evidence presented, the prosecution “has satisfied every ingredient of the charge
03/21/2013
‘No scam has happened’ at top 3 private banks
We cannot take action based only on allegations. We go by evidence...If we find something is wrong, we will take action.”
03/21/2013
'Sting Video' Claim About Singapore Is False Says Monetary Authority Of Singapore
It said Singapore has provided full information requested by Malaysia for tax purposes and the two countries have had a good working relationship on tax matters.
03/19/2013
Singapore Meets Basel III Bank-Capital Rules, Agency Says
The Basel Committee on Banking Supervision said Singapore successfully implemented an overhaul
03/18/2013
Linklaters and White & Case win roles on record $2bn Thailand IPO
BTS expected to use the capital raised from the IPO to bid for and invest in up-and-coming projects.
03/18/2013
RBI to probe gold coin sales, wealth management at banks
The Reserve Bank of India has widened its probe of Axis Bank, ICICI Bank and HDFC to include wealth management and sale of gold coins of all active banks, a move that may lead to stricter guidelines on these activities if any loopholes are found.
03/18/2013
RBI to probe gold coin sales, wealth management at banks
The Reserve Bank of India has widened its probe of Axis Bank, ICICI Bank and HDFC to include wealth management and sale of gold coins of all active banks, a move that may lead to stricter guidelines on these activities if any loopholes are found.
03/18/2013
Ex-UBS Executive Deceived by Girl and Pimp, Lawyer Says
He is the first of 51 men charged by police for having paid sex with the girl to stand trial
03/17/2013
Australian banks well positioned for proposed accounting for impairment changes
The International Accounting Standards Board ((IASB) has issued its long-awaited revised proposals on accounting for the impairment of financial assets.
03/14/2013
U.S.-China anti-tax evasion deal seen as crucial, but elusive
China is seen by some tax experts as an important participant if the U.S. China - the world's second-largest economy - is seen by some tax experts as an important participant if FATCA, is to work effectively.
03/14/2013
Herbies names new Greater China head
The firm currently has 25 partners in Greater China.
03/14/2013
Shearman cuts six lawyers from Hong Kong base
“We’ve made a small number of redundancies in China to better align ourselves with the current market.”