10/23/2012
Largest audit firms in China likely to be domestically owned - Baker Tilly International
The accounting profession in China is relatively young
Legal, Regulation & Compliance
10/23/2012
Hong Kong Implements First Phase of Basel III
Basel III is the banking regulatory reform package released in December 2010
10/23/2012
NZ Broker charged with fraud
Aucklander alleged to have used $2.5m in trading funds to repay other investors.
10/21/2012
New rules for asset management biz of securities firms
Margin trading will be allowed for collective asset management plans
10/21/2012
Australian taxman shifts focus in high-tech blitz
But a tax partner at the accounting firm BDO, Carlo Moretti, says it is now using these methods to probe some small and medium enterprises, and people with $5 million in net wealth.
10/18/2012
ASIC bans financial planning company
ASIC has cancelled the Australian financial services licence of Sydney-based Australian Performance Financial Planning Pty Ltd.
10/16/2012
Linklaters Associate Dies in Hong Kong Triathlon
Daniel Bagshaw, 27, collapsed suddenly as he approached the finish line in the running portion of race around noontime.
10/16/2012
RPC hires Asia COO from Goodwin Proctor to drive growth
Reynolds Porter Chamberlain (RPC) has appointed a chief executive officer
10/16/2012
China grants seven foreign investment licences in September
Earlier this year, China raised the total maximum QFII quota to $80 billion
10/16/2012
Société Générale Is Ordered to Halt Some Japan Activity
Orders based on Article 26(1) of the Banking Act and Article 9 of the Act on Provision, etc. of Trust Business by Financial Institutions
10/15/2012
Japan's FSA plans tougher lending limits on banks - Nikkei
The draft proposal aims to make the Japanese financial system safer and prevent a financial crisis if the loans and assets sour.
10/15/2012
Baker & McKenzie elects new MP for China, Hong Kong and Vietnam
He succeeds Poh Lee Tan
10/15/2012
Bakers' global private equity head quits for King & Wood Mallesons
Baker & McKenzie’s global private equity head Mark McNamara is set to leave the firm
10/14/2012
Norton Rose signs up Bakers partner for Bangkok base
He joins from Baker & Mackenzie, Beijing office where he was a partner.
10/14/2012
Barclays fined by Asic for client money infringement
In determining the appropriate penalty in this matter, the Markets Disciplinary Panel took into account all relevant guidance in ASIC
10/11/2012
A&O joins raft of firms on AIA's ING buy as Malaysian deals stack up
The sale of its Malaysian businesses is the first major step in ING’s intended divestment of its Asian insurance and investment management businesses.
10/11/2012
Tax havens and tax hells
KPMG's latest Individual Income Tax and Social Security Rate Survey covers 114 countries and finds 10 countries that charge no personal income tax at all.
10/10/2012
Singapore Designates Tax Crimes As Money Laundering
Having flagged its intentions in October last year, Singapore's markets watchdog yesterday started a consultation* on designating tax crimes as money laundering (ML) predicate offences.
10/10/2012
Singapore unveils proposals to tackle tax crime
Having flagged its intentions in October last year, Singapore's markets watchdog yesterday started a consultation* on designating tax crimes as money laundering (ML) predicate offences.
10/09/2012
Japan Watchdog Probes Societe Generale on Nagano Fund
Japanese financial regulators plan to punish three companies