05/05/2021
ASIC commences civil proceedings against Westpac for insider trading
ASIC is committed to improving market practices in the institutional and Fixed Income, Currency and Commodities markets.
Legal, Regulation & Compliance
05/05/2021
Westpac acknowledges ASIC proceedings
The allegations relate to interest rate hedging activity
05/04/2021
Clifford Chance advises Partners Group on joint launch of Philippines telecommunications platform
Partner Tom Lin and senior associate Ivan Chan (Singapore) led the transaction, supported by partner Richard Blewett (Brussels), senior associate I-Ming Tan (Hong Kong) and associate David Ho (Singapore).
05/04/2021
Further dishonesty charges laid against WA financial adviser
The matter is being prosecuted by the Commonwealth Director of Public Prosecutions following an investigation and brief from ASIC and has been adjourned to 18 June 2021 for further mention.
05/03/2021
MAS commits $42m to spur adoption of technology solutions for risk management and regulatory compliance
MAS will commit $42 million for the RegTech grant scheme and enhanced DAG scheme.
05/03/2021
Employment Reorganisation Roadmap
Developed by Allen & Overy’s market-leading Global Employment Team, the 'Employment Reorganisation Roadmap' is an easy to use resource providing guidance on the key legal, procedural, timing and cost implications of employment reorgani
04/30/2021
KWM continues to advise on privatisation financings for Chinese companies listed overseas
King & Wood Mallesons has maintained strong momentum in this space and has been actively advising on take private financings for listed companies and trust funds across the PRC, Hong Kong SAR and the US markets.
04/30/2021
Former Australian Unity financial adviser banned for five years
ASIC also found that Mr Chan prioritised his company receiving commissions over the interests of his clients.
04/30/2021
ASIC allows certain AFS licensees to use lease assets to satisfy their licence financial requirements
The changes were made following industry feedback on the proposals in Consultation Paper 336 Financial requirements: Treatment of lease assets (CP 336).
04/29/2021
Singapore central bank partners private sector to grow S$4 trillion asset management industry
The SFIG comprises four working groups: infrastructure and innovation; policy; capabilities and training; and promotion and advocacy.
04/29/2021
Appleby Advise Kwong Luen Engineering Holdings Limited on its HKD135 Million Listing on the Main Board of the Hong Kong Stock Exchange
The Appleby team was led by Partner Judy Lee and Legal Manager Minnie Choi.
04/29/2021
Hong Kong Initial Public Offerings – An Issuer’s Guide
The legal and compliance obligations imposed on a public company and its ongoing compliance challenges need to be fully understood.
04/27/2021
ACAMS 12th Annual AML & Anti-Financial Crime Conference - APAC
Three years on, I think we can all agree that the potential of each of these has been clearly demonstrated.
04/27/2021
Jack Ma's Ant plans interest-free loans to lift staff morale
The options, known as Share Economic Rights (SERs)with each representing 5.53 shares, will be priced at 195 yuan (S$39.88) or 35.26 yuan a share, in line with an internal buyback price from 2018, the people said.
04/26/2021
Taiwan regulator fines firms in BLF scandal, orders investment heads sacked
The scandal came to light in February when the Taipei District Prosecutors’ Office arrested and charged Yu Nai-wen, former head of the BLF’s domestic investment division, for violating Taiwan’s anti-corruption law.
04/26/2021
Philippine central bank says to continue supporting economy amid pandemic
The Philippine economy slumped a record 9.6 per cent in 2020
04/26/2021
RBI Lifts Bank Dividend Ban, Subject to New Limit
The restriction was aimed and ensuring banks conserve capital to retain their capacity to support the economy and absorb losses amid the uncertain environment at the time.
04/22/2021
Taiwan to set disclosure rules for ESG funds
Taiwan’s financial regulator may follow the disclosure rules set by Hong Kong’s Securities and Futures Commission.
04/22/2021
ASEAN Blockchain Consortium Formed to Collaborate on Digital Assets and Enterprise Blockchain, Strengthening Cross-Border Relationship
Memorandum of Understanding inked at virtual event organised by Blockchain Association Singapore
04/22/2021
Mirae Asset Sues Shinhan Over Lime Fund Losses
Shinhan has 20 days to decide whether to accept the recommendation.