04/06/2020
Chant West takes Zenith acquisition to court
Chant West says it expects the application to be heard on an urgent basis.
Legal, Regulation & Compliance
04/06/2020
10 Countries Actively Regulating Cryptocurrency Despite Global Crisis
During the past week, two countries approved new cryptocurrency exchanges.
04/03/2020
Deutsche Bank inks $3bn deal for CIP in Taiwan
Deutsche Bank is also among 25 banks in the syndicate group of lenders to the project.
04/03/2020
Allfunds receives SFC licences
The firm has been expanding investment advisory capabilities in Asia.
04/03/2020
Serious Fraud Office investigating Christchurch-based financial service company
A complaint was made to the SFO after the fund was frozen when a discrepancy was found in its valuation.
04/03/2020
Australia:Illiquid superannuation funds warned to expect regulatory scrutiny
The pension industry was not consulted on the decision and industry experts calculate the size of the demand for early withdrawals would be about double the government’s estimate of A$27bn.
04/03/2020
Withers further expands its market-leading real estate team in Tokyo
Recognised as one of the best real estate lawyers in Japan
04/03/2020
ASIC cancels AFS licence of FS Securities
The licence cancellation took effect on 5 March 2020.
04/03/2020
COVID-19 pain kicks in for law firm partners
This is no more keenly felt than in the mergers and acquisitions departments of the biggest firms, which rely on such big-ticket work to boost profits.
04/03/2020
SFC extends deadlines for implementation of regulatory expectations
The SFC has said that it is closely monitoring the development of the global COVID-19 pandemic, as stated in a circular.
04/02/2020
New Law Firm Bowers Opens in Hong Kong; Experienced Team Offers Innovative Fixed-Fee Charging Structure, Eliminates Hourly Billing
The bowers.law team will also advise on a wide range of corporate and commercial matters, including transactional corporate finance and intellectual property cases.
04/02/2020
Kyobo Life Insurance Files Complaint against Deloitte Anjin with US Accounting Oversight Board
"The evaluation period Deloitte Anjin used in calculating Kyobo Life’s FMV included the period from June 2017 to June 2018 when its major competitors’ stock prices hit all-time highs," a Kyobo Life official explained.
04/02/2020
A new limited partnership regime for private equity/venture capital funds in Hong Kong
The Bill could be expanded to allow for statutory migration of offshore PE/VC funds to Hong Kong.
04/01/2020
ACRA, MAS and SGX RegCo Update Guidance on General Meetings
The announcement supersedes the earlier ACRA-MAS-SGX RegCo guidance issued on 19 March 2020.
04/01/2020
Indonesia rolls out $25bn more spending
The regulation would waive a cap on a maximum budget deficit for three years, he said.
04/01/2020
Banks around the world are suspending loan repayments as coronavirus hits borrowers
Small and medium-sized firms can defer principal payments on secured term loans also up to the end of the year.
03/31/2020
ASI to launch bond products in Hong Kong
Additionally, an A-shares fund is awaiting approval in Singapore.
03/31/2020
M’sia ahead of Asian peers in enforcing anti-graft law against directors — ICDM
Section 17A covers a broad range of commercial organisations including public listed, privately-held and state-controlled corporations, said Lim.
03/31/2020
COVID-19 stress testing super governance, consulting giant says
Despite estimates from Treasury and the Actuaries Institute placing the withdrawals at a total of around $27 billion and $25 billion respectively, Rice Warner has forecast the raids will reach up to $40 billion to $50 billion as unemployment rises.
03/31/2020
SEC and business operators in capital market reaffirm service continuity amid COVID-19 situation
In reference to the Cabinet’s resolution at the meeting on 24 March 2020, approving the implementation of the Executive Decree on Public Administration in Emergency Situations to tackle the spread of the novel Coronavirus (Covid-19)