09/06/2012
The High Court of Australia found in favour of the 38,000 customers of the Australia and New Zealand Banking Group (ANZ) fighting back against the fees, overturning an earlier ruling limiting the case to credit card charges.
09/06/2012
Top 50 UK trio among stream of major firms aiming to secure full practice rights in booming Singapore market
09/06/2012
Allens (then Allens Arthur Robinson) and Linklaters entered into an exclusive alliance in April (23 April 2012).
09/06/2012
Two Beijing-based firms Fangda & Partners and Jia Yuan Law Offices have launched bases in Hong Kong.
09/05/2012
Macquarie Private Wealth checked for "for ongoing compliance failures; for providing clients with inappropriate advice"
ASIC may investigate Macquarie Private Wealth for "for ongoing compliance failures; for providing clients with inappropriate advice", and other breaches, the Sydney Morning Herald reports.
09/05/2012
SEBI on Wednesday relaxed the Know Your Clients (KYC) norms for various overseas entities including foreign institutional investors, and has done away with in- person verification requirements for non-individual clients.
09/05/2012
ANZ today confirmed it will continue to vigorously defend the class action bought against it in regard to exception fees by the publicly listed litigation funder IMF (Australia) Ltd.
09/05/2012
"MAS is looking into the property listings in question. We note that the listings have been removed."
09/04/2012
The case against UBS was opened on August 29, following a criminal complaint by the Bruno Manser Fund over the bank’s close ties with Sabah Chief Minister Musa Aman.
09/04/2012
The Reserve Bank of India (RBI) Governor, D. Subbarao, on Tuesday, said that the Basel Committee was working on establishing a minimum set of principles for domestic systemically important banks (D-SIBs), including some large banks in India.
09/04/2012
Walkers has announce the continued growth of its Asian Insolvency, Restructuring and Litigation team.
09/03/2012
Shadow banks are less scrutinised by regulators because they do not take customer deposits.
09/03/2012
International law firm boosts Family and Matrimonial Practice
The firm has announced that it has expanded its practice areas by adding a Family and Matrimonial Practice Group led by experienced practitioners
09/02/2012
Swiss bank UBS AG (UBS) said Friday that it will "certainly fully cooperate" with authorities after Swiss prosecutors began a criminal probe for alleged money laundering related to rainforest logging in Malaysia.
08/30/2012
“The impact from any resulting (likely significant) increase in compliance costs and the potential reduction in liquidity of [over-the-counter] derivatives markets should not be underestimated,” the groups said in the letter, according to Reu
08/30/2012
“Asia is a key driver of global economic growth,” said Sushma Jobanputra, the partner in charge of Jones Day’s Singapore operations. “With that growth will come the increased need for Singapore law advice.”
08/29/2012
In a rare unified move, five Asian regulators have sent a joint open letter to the Commodity Futures Trading Commission.
08/28/2012
Since the financial crisis of 2008/2009, which revealed the widespread sale of ultimately worthless Lehman Brothers-linked mini-bonds, regulatory bodies in Hong Kong have been tightening the distribution of investment funds.
08/28/2012
International law firm nabs Linklaters banking partner
He has a particular focus on inbound and outbound investments to South-East Asia, particularly Indonesia and India.
08/28/2012
Mr Teoh has admitted to civil penalty liability for contravening the SFA. Besides the fine, he will be barred for a period of three years from conducting business in any regulated activity or acting as a representative in respect of any regulated activity