Managers of Wealth Asia Pacific

Loyens & Loeff to open in Hong Kong

The office will also be staffed with (senior) associates.

Best deals in Australia and Japan in 2011 named; Linklaters is law firm of the year

The Best Equity-Linked Deal honour goes to CFS Retail Property Trust, which issued in June 2011 a AUD300 million convertible bond (CB) to fund a concurrent tender offer for up to AUD300 million of the outstanding AUD595 million CBs due 2014. The deal, whi

DBS to tighten bank account security after ATM scam

Chief executive Piyush Gupta, in his first public comments since the fraud, said: 'It (was) a 'skimming' scheme that can happen to any bank. In fact, frankly, it happens to banks all the time.

White & Case and Linklaters head up Indonesia Govt's $1.75bn sovereign debt issue

White & Case is advising on US law aspects of the issue. Jakarta-based Thamrin & Rachman Law Firm is providing Indonesian counsel to the issuer, with Allen & Gledhill - which is currently in talks over a tie-up with Allen & Overy - providi

RBS Sued for Wrongful Dismissal by Trader

RBS, Britain’s biggest government-owned lender, is co- operating with investigations by the U.S. Commodity Futures Trading Commission, the U.S. Department of Justice and the European Commission into whether Libor had been manipulated.

Indian billionaire to appeal inside trading fine

In an order dated Jan. 5, the Securities and Exchange Board of India, or SEBI, said on its website it fined Manoj Gaur 1 million rupees (about $18,900) and an equal fine on his wife and brother for alleged insider trading.

Black money: I-T gets wary about secret bank account names; asks for oath

The CBDT fears that if these names are leaked and they are publicised, global financial bodies like OECD and other tax exchange treaty countries will either stop or grow reluctant to share such data with India as this will scare away foreign investors in

HK regulator warns banks on complex product disclosure

The city’s de facto central bank said in a letter to financial institutions yesterday that they should explain to clients that so-called junior securities “bear higher risks” than senior debt. Subordinated debt doesn’t pay out in t

ATM fraud hits DBS to the tune of $500k

Customers who used two of its standalone ATMs at Bugis Street over a three-day period in late November are likely to have had their card details and personal identification numbers (PINs) stolen, according to the bank's analysis of the fraud victims&

Singapore's DBS says probing unauthorised withdrawals

The bank said it immediately de-activated the compromised cards and was taking steps to compensate customers in full.

Japanese Banks Get 'Stress Tests'

The move could sharpen investors' focus on the risk to Japan's economy from its ballooning debt.

Rules on risk disclosure beefed up

The Hong Kong Monetary Authority has issued beefed-up guidelines for selling of investment products by financial institutions.

Harneys funds partner relocates to Hong Kong

He also has extensive onshore and offshore experience of a wide range of corporate matters, structured and project finance.

Mukesh’s name was on Swiss list, but it was an error, says HSBC

However, the revelation raises the possibility that the Swiss bank account in question may be linked to his brother Anil Ambani.

Baker & McKenzie bolsters Tokyo with five Linklaters lawyers

“Japanese companies have been making aggressive moves abroad as a result of a strengthening yen and recognition of the need for greater geographic diversity following disruptions to their operations due to the tsunami and earthquakes in 2011,”

India to sign tax deal in Macau

The SAR Government has so far concluded Tax Information Exchange Agreements (TIEA) or Double Taxation Conventions with 12 different countries or regions.

Citigroup Sues Hedge Fund Manager in Singapore Over Gold Losses

The first closed hearing is scheduled for Jan. 27.

Japanese FSA issues foreign exchange deposits warning

This follows the revelation that the Japanese FSA took action against at least 35 financial institutions this year for breaching securities rules.

BI Reminds Sharia Banks on Gold Pawn

Halim added that the sharia bank must follow the guidelines considering the highly fluctuant gold prices.

Australian tax exile in Singapore 'in fear of a Paul Hogan'

AN expatriate Australian businessman accused of fleeing Australia to avoid prosecution for tax evasion has compared himself to fugitive French film director Roman Polanski and actor Paul Hogan.

Legal, Regulation & Compliance