10/28/2020
China Issues AML/CTF Guidelines for Microfinance Institutions
The guidelines impose obligations on practitioners to establish and improve AML risk management systems, internal control mechanisms and operating procedures.
10/28/2020
SC Malaysia Establishes Task Force to Combat Financial Scams
Malaysian nationals lost a total MYR 914 million (USD 220 million) to scams in the first six months of this year alone, he said.
10/28/2020
Australian financial advisers can potentially work in New Zealand without meeting the country's qualifications as early as 15 March 2021.
10/28/2020
The asset management has emerged ‘intact’ from the COVID-19 pandemic although it has been left at a smaller size thanks to outflows and the downturn in the stockmarket.
10/28/2020
Applicants for both mandates must have at least $5 billion of total assets globally as of September 30, 2020, and a minimum least three-year track record in the related strategies.
10/28/2020
This annual law awards recognizes the excellence and outstanding achievements of Hong Kong’s leading law firms and in-house legal teams, and celebrates top deals and dealmakers over the last year.
10/28/2020
The United Nations Office on Drugs and Crime recommends strengthening reporting of beneficial ownership information across the region to stop dirty money flows.
10/27/2020
Jersey's BIT with the UAE and reflections on investment treaty practice in non-sovereign autonomous regions
Jersey is set to sign its first BIT with the UAE later this year.
10/27/2020
Carey Olsen a finalist for offshore firm of the year at ALB's Hong Kong Law Awards
Recognition like this is testament to the hard work of our team and the high level of service we deliver to our clients.
10/27/2020
To litigate or arbitrate – that is the question
It remains to see whether those decisions will be mirrored in other common law jurisdictions such as the British Virgin Islands.
10/27/2020
Carlyle opens AMP file, takes an early look
Street Talk does not suggest Carlyle is about to try to buy AMP - far from it.
10/27/2020
Secure Investments was carrying on a financial services business by issuing financial products to investors.
10/27/2020
Ant IPO sheds light on China’s new growth model
Beijing backing tech champions to speed up recovery amid pandemic and US row
10/27/2020
ASIC further alleges that another business, and associated website, called Asset Capital Holdings, was established by Mr Beresford in September 2020 and offered financial services without holding the necessary AFSL.
10/26/2020
Comments on the blueprints are invited by 14 December 2020 and a virtual public consultation meeting will be held in January 2021.
10/26/2020
He focuses on corporate and commercial practice including securities, mergers and acquisitions, financing and capital market transactions.
10/26/2020
Goldman Sachs – Opening the door for Asian reparations?
The scandal effectively brought down the government of former Malaysian Prime Minister Najib Razak and cases related to 1MDB have been prosecuted in the USA.
10/26/2020
HKEX, SZSE Launch ‘ETF Connect’ With Four New Listings
The two new ‘feeder’ ETFs listed in Hong Kong will each invest 90 percent or more of their total NAV in an ETF listed on the SZSE (Shenzhen Stock Exchange) through the RQFII programme.
10/26/2020
ISDA Launches IBOR Fallbacks Supplement, Protocol
The protocol will enable market participants to incorporate the revisions into their legacy non-cleared derivatives trades with other counterparties that choose to adhere to the protocol.
10/26/2020
FATF Adopts Measures to Mitigate Proliferation Financing Risk
The changes are aimed at ensuring FIs and DNFBPs do not unwittingly support or become part of proliferation financing networks or schemes.