09/14/2020
Ogier's BVI and Hong Kong teams advise in liquidation matter involving secured creditors
Novel Blaze opposed the application on a number of grounds.
Legal, Regulation & Compliance
09/14/2020
Global Private M&A Guide
A practical tool covering key aspects of the legal and regulatory M&A framework in nearly 40 countries
09/14/2020
Thai Airways faces court ruling on landmark debt rescue plan
THAI creditors are likely faced with a protracted process: the company is estimating that the rehabilitation process could take as long as seven years.
09/14/2020
HSBC to Scrap More Fees for Hong Kong Retail Customers
A recent sequence of measures to shift to lower-cost, digital-first services for SME and retail customers is largely seen as a response competition from the new virtual banks.
09/14/2020
Thailand securities regulator mulls raising futures trading fee, report says
The move is necessary as the “growing volume on TFEX has increased the cost of operations and regulatory management by the SEC”, he says in the report published on September 11.
09/11/2020
Carey Olsen acts in London property deal
Carey Olsen advises Singapore real estate investment company on first London property acquisition
09/11/2020
Islamic finance in Indonesia fends off coronavirus chill
Banks and app tap growing demand in world's largest Muslim country
09/11/2020
Philippine and Indonesia Regulators announce Deal to Improve Financial Systems and Boost Supervision
The regulators will also reportedly discuss the supervisory framework, consumer protection, financial inclusion, financial technology and capacity building, according to an article by Asia Asset.
09/11/2020
China's expanded export controls pose fresh challenge to global tech industry
In addition to recommendation algorithms such as those used by ByteDance-owned TikTok, the new list of “partially restricted exports” includes drone and cybersecurity technology, voice recognition software, and handwriting scanning software.
09/10/2020
Milestone Group appoints MD of Asia Pacific
Milestone Group, a global investment fintech firm, best known for innovation in fund processing, asset allocation and oversight automation, has appointed Marian Azer as Managing Director for Asia Pacific based in Sydney, Australia.
09/10/2020
Codification of Existing Practices into Hong Kong Listing Rules Effective from 1 October 2020
The amendments are effectively codification into the Rules of certain waivers that have been granted by the Exchange with general effect
09/10/2020
The International Islamic Trade Finance Corporation and Mizuho Bank Malaysia Sign US$100 million Trade Financing Deal
This Line of financing for ITFC is the first with a Japanese bank and in line with its strategy of developing partnerships with banks around the world to help extend trade financing to member countries of the Organisation of Islamic Cooperation
09/10/2020
UAE and Pakistani finance authorities join hands to combat money laundering
The MoU comes in line with international efforts to exchange financial information and expertise
09/10/2020
‘Surprised’ fund managers welcome Buffett to Japan
‘There are some aspects of trading companies that make it a big surprise, to be honest,’ said Richard Aston, manager of the CC Japan Income & Growth investment trust and open-ended fund of the same name.
09/10/2020
MAS to Intensify Supervisory Engagement to Drive SORA Transition
“A bank that adopts a ‘wait and see’ attitude and leaves things till next year, is likely to find itself with too much on its plate before the end-2021 deadline,” she said. “This is something which we must avoid.”
09/10/2020
CAD finds 'reasonable grounds' of offence by AGV director
In July, the company said it had received notices from the CAD and MAS asking for information and documents in relation to an alleged offence under the SFA.
09/10/2020
Singapore's MAS issues guidelines to strengthen culture of responsibility, ethical behaviour in financial industry
The guidelines, which were released on September 10, were accompanied by an information paper on good practices in these areas.
09/09/2020
ADB finances Uzbek highway reconstruction
Road is key trade route and part of Corridor 2 of the CAREC programme
09/09/2020
APRA to Amend Liquidity Rules for Banks – Report
The changes will require banks to decrease their holdings of private sector liquid assets in favour of buying more government debt.
09/09/2020
China Announces Global Initiative to Safeguard Data Security
The initiative opposes the creation of backdoors in technology products, large-scale surveillance of other countries, and the illegal acquisition of foreign citizens’ personal data.