12/16/2013
Legacy SJ Berwin HK partner joins Stephenson Harwood
Duel qualified in Hong Kong and in England and Wales, she has practised in each of the jurisdictions for over a decade.
Legal, Regulation & Compliance
12/12/2013
Parkes Mayor says Lehman Brothers settlement could take months to finalise
The shire headed the action on behalf of a group of councils, churches and charities that lost around $180m on investments in the Global Financial Crisis.
12/12/2013
KPMG: Turned Over China Documents to U.S. Regulators
The handover is part of a U.S.-China deal reached in May that allows the U.S. access to audit firms' documents about their Chinese clients, conveyed to the U.S. through Chinese regulators.
12/11/2013
Indian Regulator Frustrates Asset Managers as Control on Mutual Funds Tighten
A Reuters report said the Securities and Exchange Board of India or SEBI has began a crackdown on mutual funds, which has frustrated asset managers
12/10/2013
E&Y Hires Former HSF Partner As it Mulls Singapore Legal Services arm launch
Former Herbert Smith Freehills’ Singapore partner John Dick has joined Ernst & Young Singapore as a partner as the “big four” accounting firm mulls legal services launch.
12/09/2013
Ex-Deutsche Bank Trader Gets Seven Years Jail for Bribes
Ma Sin-chi, a former Deutsche Bank AG (DBK) managing director in Hong Kong, was sentenced to seven years in jail for accepting HK$24.8 million in bribes.
12/09/2013
Regulators still struggling to balance protection with growth, according to financial service firms
Overall, 49% thought that no regulator had succeeded in this respect, with a majority of respondents in the US and the UK holding this view.
12/09/2013
Asia Pacific updates data protection regimes
The firm analysed how countries globally were reacting to data protection and found the greatest shift in the Asia Pacific region
12/09/2013
Herbert Smith Freehills names new Asia litigation head
Herbert Smith Freehills has named Tokyo managing partner Peter Godwin as the firm’s new regional head of disputes in Asia.
12/09/2013
Standard Bank Consultant Detained in Mongolia Amid Debt Dispute
Mongolia has issued a travel ban on a New Zealand national consulting for Standard Bank Group Ltd.amid an escalation in a dispute with a local company over a debt repayment.
12/09/2013
HC asks Videocon to pay euro 38 mn dues to Italian bank
Videocon Industries has suffered a blow by Bombay High Court with a recent ruling directing the company to repay a sum of 38 million euros to an Italian bank
12/04/2013
Myanmar to Allow Foreign Banks to Begin Some Operations Next Year
Thirty-four international banks have representative offices in the country, but they have thus far been forbidden from opening branches or offering services other than advising clients.
12/04/2013
De Brauw confirms Shanghai launch
Benelux firm De Brauw Blackstone Westbroek is joining German best friend Hengeler Mueller with an office in Shanghai, its second Chinese base.
12/04/2013
China’s central banks bars Bitcoin transactions
The public is free to participate in Internet transactions provided they take on the risk themselves.
12/03/2013
Global firm takes Maddocks head to launch in Oz
We can confirm that David Rennick will be engaged by Pinsent Masons as a consultant early next year.
12/03/2013
KWM global disputes co-ordinator to leave the firm
He was recently appointed as the global co-ordinator for the disputes practice to help integrate the firm following the tie up between KWM and SJ Berwin in the UK.
12/03/2013
Goldman Sachs Sued by Singapore Client Oei Over Loss
Goldman Sachs Group Inc. was sued by Singaporean wealth-management client Oei Hong Leong over a $34.3 million loss on Brazilian real-yen options trades he claimed the bank misled him into making.
12/03/2013
Ex-RBS Trader Tan Chi Min Drops Unfair Dismissal Claim Over Libor-Fix ‘Scapegoat’ Sacking
A former Royal Bank of Scotland trader fired for allegedly trying to rig the benchmark rate Libor has dropped his court claim of unfair dismissal.
12/02/2013
Australian class action close to settlement with Lehman Brothers liquidator over sub-prime losses
A group of Australian councils, churches and charities that lost millions of dollars in the US sub-prime mortgage crisis are has reached a settlement with the liquidator of the collapsed investment bank Lehman Brothers.
12/02/2013
Linklaters names new Asia managing partner
Linklaters has named its current Greater China and global litigation head Marc Harvey as Asian regional managing partner to succeed outgoing Stuart Salt.