07/12/2013
Credit Suisse fined for 'false order' error
Credit Suisse did not self-report the breaches to ASIC and failed to inform both ASIC and the ASX in a timely manner
Legal, Regulation & Compliance
07/11/2013
Foreign law firms top list of pro bono work donors
Linklaters pledges $250,000; Clifford Chance's $100,000 same as local firm TSMP's donation
07/11/2013
Singapore Regulator Fined 22 Firms for Money-Laundering Breaches
Singapore’s central bank fined 22 financial institutions and restricted operations at seven for failing to comply with rules
07/11/2013
Vinson & Elkins to close Shanghai office
The firm said it would close the office after the management committee voted in favour of the plan. The firm will now have two bases in the region in Beijing and Hong Kong.
07/10/2013
Tiger Asia Accused of Insider Trading in Hong Kong Tribunal
The Market Misconduct Tribunal that will hear the new case can force the firm to disgorge profits made or losses avoided
07/08/2013
Dechert publishes legal update for Asian hedge funds
Hong Kong-China Mutual Funds Recognition Passport
07/08/2013
Gibson Dunn hires Hogan Lovells energy partner in Singapore
Gibson, Dunn & Crutcher has made its first Singapore partner
07/08/2013
International law firm hires consultant for wealth planning practice
She currently sits on the board of a number of charities in Hong Kong.
07/08/2013
Banks' senior management not involved in recent rate-rigging saga: Lawrence Wong
Mr Wong said: "While a few line managers were aware... MAS did not find evidence that the banks' senior management were aware of their traders' misconduct."
07/07/2013
Field Fisher secures Asia presence with Shanghai tie-up
The combination is a significant step for Field Fisher, which has been seeking an Asia presence either in Shanghai, Singapore or Hong Kong
07/07/2013
Linklaters boosts India practice with return of partner from referral firm
Linklaters has boosted its India practice, re-hiring a partner from its Mumbai referral firm Talwar Thakore & Associates
07/05/2013
Yellow Pages CEO loses $25.4m in 2 days, sues UBS
Although he suffered the losses more than five years ago, and had repaid the debt before last January, Mr Chen regarded this as a breach of contract by UBS.
07/05/2013
Fortune teller and ex-lover jailed for forging will of Hong Kong billionaire
A Hong Kong court sentenced a former fortune teller who claimed to be the lover
07/04/2013
Withers European and Asian US teams grow
He is currently based in our Singapore office with US partner Jay Krause and UK partners Simon Michaels and Philip Munro.
07/02/2013
Rockwell Olivier continues expansion adding private client services in Melbourne
Rockwell Olivier (Melbourne) is expanding its team capabilities at a rapid rate with the introduction of various industry practices
07/02/2013
Bank Indonesia lauds Singapore punishment on Forex collusion
The gap between rupiah rates in Jakarta and NDF in Singapore widened recently
07/01/2013
Bank Negara gets more regulatory and supervisory oversight powers
Bank Negara has said that the new legislation is aimed at furthering financial stability
07/01/2013
Withers bolsters partnership with eight promotions
The appointments bring the firm’s total number of partners
07/01/2013
Over Nine In 10 (94%) CFOs And COOs In UK Financial Services Industry Find Management Of Regulatory Regime Challenging
It is based on responses from 1,100 CFOs and COOs from the major global financial centres including the United States, Canada, the United Kingdom, France, Germany, Singapore and Hong Kong.
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.