03/09/2012
The Monetary Authority of Singapore Friday said it has received requests from regulators in other jurisdictions to assist in probes into the alleged manipulation of benchmark interbank rates.
03/08/2012
A Jakarta court convicted Inong Malinda Dee, 50, of stealing $4.4 million from clients and sentenced her to eight years in prison. She was also ordered to pay a fine of $1.1 million.
03/07/2012
The allegation was made in the New South Wales Supreme Court where Sydney-based accountants Carol Abibadra, Kevin Zerafa and Deborah Judith Jandagi, along with Agius, have pleaded not guilty to charges that they conspired to defraud the Commonwealth from
03/07/2012
An Indonesian court convicted on Wednesday a former relationship manager with Citibank of money laundering in a case involving Ferraris bought with ill-gotten cash that powered the lifestyles of a glamour-hungry clique.
03/06/2012
The FATCA Seminar was tailored to address the unique needs of Middle Eastern institutions, including Islamic banking and takaful insurance structures as well as sovereign wealth funds, and family offices.
03/06/2012
It was the firm’s first international office and was intended to show the firm’s insurance client base its commitment to the international market.
03/05/2012
The Companies Commission of Malaysia (SSM), concerned over the rise of such scams, published an advertorial in the wake of recent complaints over a Canadian land-banking scheme to remind investors of the risks involved.
03/05/2012
The firm has been associated with the country for about 50 years and has been advising Indian companies on their global operations and investments.
03/02/2012
Ashurst set for Beijing launch with Mallesons hire
Ashurst is set to launch an office in Beijing with the hire of structured finance partner from legacy Mallesons Stephen Jaques.
02/29/2012
HSBC provides info on clients having accounts in India to US Close
In April last year, HSBC Bank USA received summons from the US Internal Revenue Service (IRS) asking the entity to produce records with respect to US-based clients of an HSBC group company in India, the banking giant has said.
02/28/2012
Hasan Ali case: two ex-UBS staff summoned
The summons will be served on them through the competent authorities in Switzerland, sources said.
02/28/2012
Bakers recruits new Asia regional COO with Linklaters hire
He will take up the role of chief operating officer for the firm's Hong Kong, China and Vietnam offices.
02/28/2012
Linklaters moots tie-up with Slaughters' Aussie best friend
The last time Linklaters was in talks with an Australian firm was in 2000
02/28/2012
India ratifies Convention on Mutual Administrative Assistance in Tax Matters
India has become the first country outside the membership of the OECD and the Council of Europe to become a Party to the Convention.
02/24/2012
Chicago-based law firm opens in Shanghai
The firm’s attorneys in Shanghai are bilingual and have the background and expertise to handle multicultural and multijurisdictional legal issues in the United States, Europe and China. Katten
02/24/2012
Singapore relaxes ban on foreign ownership of law firms as market opens up
Legal Profession Act to allow foreign firms to take stakes in local players in key Asia market
02/24/2012
Hong Kong leader denies bribery over yacht trip
The chief executive - whose wife is from Macau - said he was in the gaming hub, which is about an hour ferry ride from Hong Kong, for a private visit including tomb-sweeping and denied there was luxurious treatment on the yacht.
02/23/2012
Australian law firm moves to expand in Asia
Ellis will be responsible for providing on-the-ground support for the Australian resource corporations operating in Mongolia.
02/23/2012
Citi, UBS provide keys to widening interest rate-rigging probe
Citigroup and UBS, in a series of disclosures to law-enforcement officials, have provided crucial information to investigators in multiple countries as part of inquiries into whether the world's biggest banks manipulated a global benchmark interest r
02/23/2012
Hong Kong Market Regulator Wins Power to Sue in Tiger Asia Case
Court of Appeal Judge Robert Tang wrote in a ruling handed down yesterday that such a power “provides much needed ammunition to the commission to protect investors.”