11/25/2013
Hong Kong Banks Agree NFC Payment Standards
The Hong Kong Association of Banks has issued Best Practice for NFC Mobile Payment in Hong Kong
Legal, Regulation & Compliance
11/25/2013
China Said to Plan Crackdown on Banks’ Loan Limit Evasion
Banks would also be required to take provisions on such assets while the transactions are in effect.
11/25/2013
Maybank meets public float in BII
Malayan Banking Bhd has fully complied with the regulation of the Financial Services Authority of Indonesia on refloating BII shares by 20%.
11/25/2013
Former UBS Trader Says Wrongful Firing Lawsuit Settled
The former executive director had sought at least S$1.3 million ($1 million) from UBS, which said in an e-mailed statement that it doesn’t comment on individual employee litigation.
11/23/2013
New U.S. derivative rules leave Asia markets vulnerable
Several Asian and U.S. banks are working around new U.S. regulations on derivatives trading aimed at preventing a repeat of the 2008 financial crisis
11/20/2013
Norton Rose Fulbright axes 30 jobs in Australia
Redundancies in other regions are not expected, with the firm saying the job losses came in response "to changes in the local market".
11/20/2013
K&L Gates and Sidley lead on Philippines 'largest ever' IPO
The offering, which closed earlier this month, is thought to be the largest-ever IPO in the Philippines.
11/19/2013
Amarchand Mumbai Bets Further on Cyril Shroff's Private Client Practice With Director hire
Amarchand Mangaldas has hired former IIFL Wealth Management director Mugdha Sahal
11/18/2013
Appleby advised China Success Finance Group Holdings Limited on its Hong Kong Listing
The group will use the majority of the net proceeds from the global offering to expand its financial capability by increasing its net asset value, registered capital or paid-up capital.
11/18/2013
Appleby Advised JC Group Holdings Limited on its Hong Kong Listing
The group will use around half of the net proceeds from the offering for the diversification of product offerings.
11/18/2013
Former BofA Merrill Asia Cap-Intro Head Tabar Joins Schulte Roth
He will be working with the New York-based law firm’s existing clients as well as expanding relationships with Asia-based managers and investors
11/17/2013
Executive summary from the Global Regulatory Outlook report
The last 12 months has been another year of change for the financial services industry. We have begun the move from inter- and intranational debate about the shape and purpose of regulation, to a period of understanding the implications for business follo
11/17/2013
Major Banks Now Face a Second Forex Lawsuit
The foreign exchange trading investigation is the latest multinational probe of financial benchmarks that affect trillions of dollars in personal and business transactions.
11/16/2013
DBS Bank evaluating RBI's WOS guidelines for foreign banks
The new rules also allow foreign bank subsidiaries to list locally.
11/13/2013
Maybank Group CRO Named 'Bank Risk Manager Of The Year'
The Asia-based publication covers derivatives and risk management.
11/13/2013
Singapore's Financial System Assessed to be Well-Regulated
The Monetary Authority of Singapore announced today that an assessment under the International Monetary Fund (IMF)'s Financial Sector Assessment Programme 1 has found Singapore's financial sector to be well-regulated and highly developed.
11/12/2013
KWM and Latham & Watkins advise Huishang Bank on $1.1bn HK IPO
King & Wood Mallesons and Latham & Watkins are among the firms that have landed roles in the $1.1bn IPO of Huishang Bank
11/11/2013
Singapore’s Wong Partnership forms alliance in Malaysia
Singaporean firm WongPartnership has broadened its regional coverage by forging a strategic alliance with Malaysian boutique Foong & Partners.
11/10/2013
Mourant Ozannes' Hong Kong partners recognised in leading Asia Pacific legal directories
Each of the partners in Mourant Ozannes' Hong Kong office has been singled out for praise in the latest edition of Legal 500's Asia Pacific legal directory
11/05/2013
DLA Piper loses 23-lawyer team to HWL Ebsworth in Sydney
All three partners, Jenne Tzavaras, Joanna Apostolopoulos and Ivan Medak, have joined HWL Ebsworth as partners in the firm’s Sydney insurance team.