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
08/28/2012
A WHISTLEBLOWER who leaked sensitive client details from a secretive bank in Liechtenstein supplied critical evidence in a successful $21 million tax case against a Brisbane millionaire.
08/27/2012
This will be the firm’s second office in Scotland, after having a presence in Edinburgh for the past 15 years.
08/27/2012
Axiom, which specialises in providing bank lawyers for in-house legal functions, is scheduled to open a service delivery centre in Gurgaon, India in late November.
08/27/2012
A German media report put an unwelcome spotlight on Singapore, Asia's prominent wealth management centre, earlier this month, saying that some Swiss bankers had advised clients to transfer funds there before the implementation of a deal to tax German
08/27/2012
She joins Clayton Utz from RBS (formerly ABN Amro), where she has held various legal and banking roles for nearly a decade.
08/27/2012
The firm says it wants the flexibility of the RQFII scheme to be adopted in order to create a level playing field between Chinese, Hong Kong and foreign ETF operators.
08/23/2012
The alliance with Allens, which took effect in May, falls short of a financial merger, but means the two firms are integrating their business, working on joint pitches and have folded their Asian practices into joint ventures.
08/23/2012
International law firm beefs up Australian M&A team
He joins the firm’s Sydney office from Jones Day and will also serve clients in Africa
08/23/2012
The report is rendered pursuant to section 81H of the Securities and Futures Act and states that no sum is payable to or from MFGS. Creditors of MFGS may approach the liquidators of MFGS for more information.
08/22/2012
The firm's London and China executive committees developed the first-time roles in light of its ambitious strategy to grow the area to represent 20% of the firm's total revenue and lawyer headcount in the next three to five years.
08/22/2012
The clients were the subject of a fraud perpetrated by Ms Joyce Hsu Ming Mei, a former licensed representative of Merrill Lynch.
08/22/2012
Appleby bolsters Asian team
John Melia added: “I am really excited to be joining our established and experienced transactions team in Hong Kong, and look forward to helping them build on their success in delivering the highest standards of service to our clients in Asia and w
08/22/2012
Mr. Tan has argued throughout the case, which commenced late last year, that is common practice for senior bank employees to make requests to RBS's rate setters about appropriate rates.
08/22/2012
"MAS does not tolerate any flow of illicit funds through our financial system," she said in an emailed statement to Reuters.
08/21/2012
Stock markets tumbled yesterday when the high-profile detention was reported in the state media, with the main HNX index closing down by 5.24pc.
08/21/2012
Britain's Financial Services Authority is considering possible reforms to how the Libor is set after a scandal erupted in June over rigging of the rate. Mr. Chan noted that Hong Kong would wait for the recommendations to see if the city would follow
08/21/2012
The HKMA announced the latest minimum acceptable credit ratings applicable to long-term debt instruments in June 2006.