12/19/2012
Under FATCA, non-US financial institutions will be required to report information about financial accounts held by US taxpayers, or held by foreign entities in which US taxpayers hold a substantial ownership interest.
12/19/2012
Late last month the Hong Kong Association of Banks said it was considering a series of reforms to the Hibor system, including bringing in a formal code of conduct and reducing the number of rates it publishes.
12/18/2012
International business law firm looks to grow in Singapore with private client hire
He specialises in international trust and estate planning with a particular focus on business and succession planning.
12/18/2012
Both pleaded guilty to charges of insider trading.
12/18/2012
UBS said it will pay 1.4 billion Swiss francs ($1.53 billion) and admit wrongdoing at its Japanese arm
12/17/2012
British multinational legal firms Advise On Billion Dollar Deal
It is principally engaged in investment, property development and investment, hospitality and leisure and financial services.
12/16/2012
Japan's financial regulator last December ordered UBS's Japanese securities arm to suspend Tibor- and Libor
12/16/2012
Banking regulators across Asia are pressing ahead with plans to phase in tougher capital requirements on January 1
12/16/2012
Fatca is an attempt by US officials to prevent tax evasion by hiding assets offshore
12/12/2012
China regulators set up risk committee to tighten standards on sale of investment plans citing banks' inappropriate ways
12/12/2012
The Chinese government's tight control over company information makes it challenging to operate in that market
12/12/2012
The growth in Advisory and Tax underlines the strength of client demand for professional services
12/12/2012
The Securities and Exchange Commission today charged the manager of two New York-based hedge funds with conducting a pair of trading schemes involving Chinese bank stocks and making $16.7 million in illicit profits.
12/10/2012
Formerly a partner with Herbert Smith, she will be based in the Firm's Singapore Office.
12/10/2012
The CBRC says principal and non-principal guaranteed wealth management products issued by banks should not fall under shadow-banking. But this doesn't appear to address the risks.
12/10/2012
The Reserve Bank today released the final capital adequacy standards, which apply to locally incorporated registered banks in New Zealand and implement the Basel III capital requirements. The bulk of the new standards take effect from 1 January 2013 and
12/09/2012
The remaining banks, in accordance with CBRC requirements, must keep their CAR, TCAR and CCAR equal to or above 8.5, 6.5 and 5.5 percent respectively by the end of 2013.
12/05/2012
The investors claim in a lawsuit in Manhattan federal court that BTA Bank, which isn’t named as a defendant, defrauded them by inducing them to buy debt securities as part of a 2010 restructuring.
12/05/2012
A former J.P. Morgan employee has been sentenced to 18 months jail by the NSW District Court after she gave inside information to a friend while working at the investment bank.
12/05/2012
The man who blew the whistle on American Bernie Madoff, and two Federal Bureau of Investigation (FBI) investigators of massive U.S. insider trading activities, are heading to New Zealand.