06/04/2021
Fines for offences will be increased to up to 2 million yuan, up from a previous maximum of 500,000 yuan, for failing to conduct due diligence on clients and reporting large or suspicious transactions.
06/04/2021
This move brings Vietnam in line both regionally and globally with other data privacy legislation, chief among these is the GDPR which is now celebrating its third anniversary.
06/04/2021
Facilities can be overcollateralized given that the borrowing base that lenders use to assess availability under a Facility often does not include all Investor commitments a Fund has access to, but the Security granted does extend to the right to call on
06/04/2021
The target of capital commitments is anticipated to be US$150 million
06/04/2021
Ashurst advised BSP in connection with all aspects of its ASX listing including securities regulation advice, fundraising advice and corporate governance arrangements.
06/04/2021
The Baker McKenzie team was led by Partner Jason Ng, co-chair of the Firm's Global Funds Group, together with Hong Kong-based fund formation specialist, Edwin Wong.
06/03/2021
t is also the only office in Asia to offer on-the-ground legal advice on the laws of Bermuda, the British Virgin Islands, the Cayman Islands and Jersey.
06/03/2021
Forex CT offered clients opportunities to trade in contracts-for-difference (CFDs) and margin foreign exchange contracts issued by the firm.
06/03/2021
APRA is now writing to ADIs to set out a clear timeline to finalise the consultation phase, and to support the banking industry’s implementation of the reforms.
06/02/2021
New research estimates that about 600 “mini-umbrella” companies have been set up to take advantage of the employment allowance
06/02/2021
External investors are also being considered to reduce the finance ministry’s controlling stakes.
06/02/2021
Mr Younis pleaded guilty and was convicted of one count of forgery and one count of providing false information to a public servant under section 465 and section 182 of the Penal Code respectively.
06/01/2021
The new arrangement presents new opportunities to settlement banks in Hong Kong as overseas investors investing in the CIBM via Bond Connect are given more choices in their selection of banks for the provision of foreign exchange services.
06/01/2021
Much anticipated draft regulations for the 'Your Future, Your Super' Bill contain some surprises
06/01/2021
The CBIRC has given firms a six month transition period to comply with the requirements.
06/01/2021
Partner Richard Hall advised Huazhu Group Limited on its secondary listing of shares in the company on the Main Board of The Stock Exchange of Hong Kong Limited.
06/01/2021
The news follows the Bank of Japan Governor Haruhiko Kuroda criticizing digital currencies for speculation.
06/01/2021
To protect the integrity of Australia’s securities markets, activist short sellers, target entities, market operators and market participants should apply the better practices outlined in INFO 255.
06/01/2021
ASIC also found Mr Martin failed to implement and enforce compliance policies and procedures.
05/31/2021
«Senior executives of licensed corporations or their overseas affiliates who are fully vaccinated and meet the eligibility criteria may apply for exemption from the compulsory quarantine arrangements when they return or travel to Hong Kong,»