03/04/2020
Will Singapore eclipse Hong Kong to be Asia’s financial hub?
Prolonged political unrest, a recession and coronavirus are among the challenges facing the SAR
Legal, Regulation & Compliance
03/03/2020
BOJ Begins Publishing Securities Financing Transaction Data
During the GFC, short-term funds raised through SFTs were used to invest in illiquid assets and long-term financial assets, including debt securities with low creditworthiness such as securitised products backed by subprime mortgages.
03/03/2020
Myanmar regulator to issue corporate governance guidelines in April
He says the guidelines will apply to listed and public companies with more than 100 shareholders.
03/03/2020
China Launches Registration-based System for Bond Issuance
Issuers will have to register with the NDRC, rather than seek approval from local governments.
03/03/2020
Singapore's ACRA compiles register of company controllers
The new legislation will stipulate that nominators of nominee shareholders are also included on the register.
03/02/2020
JP Morgan Asia Growth Fund gets nod for distribution in China
The first was the JPMorgan Asia Equity Dividend Fund in 2016
03/02/2020
SBI Cards raises Rs 2,769 crore from Monetary Authority of Singapore, HDFC Mutual Fund, other anchor investors
Singapore government, Monetary Authority of Singapore, HDFC Mutual Fund, Government Pension Fund Global and Birla Mutual Fund, are among the anchor investors.
03/02/2020
Lenders accuse commodities firm of fraud after debt default
ING alleges Agritrade, CEO and his dad misrepresented finances
02/28/2020
Russell Investments Completes Private Fund Management Registration in China to Serve Domestic Qualified Investors
PFM expedites the firm’s long-standing strategic growth trajectory in China
02/28/2020
DBS rolls out digital solutions to give businesses "Contact-free" banking options for greater peace of mind during Covid-19
Additional financial liquidity relief measures also introduced to help Singapore SMEs and corporates cope better with present situation
02/28/2020
ASIC update on enforcement and regulatory work
It also sets out key elements of our enforcement work, including progress on referrals and case studies arising from the FSRC.
02/28/2020
Impact of Coronavirus on the Listed Issuers in Hong Kong
The travel restrictions make it almost impossible for the auditors to travel to the PRC and conduct any on-site audit works.
02/28/2020
Chinese fintech attracted investments of USD 962.2 million in 2H 2019
Chinese investors starting to turn their attention to new up-and-coming areas of fintech
02/28/2020
Riding the Wave of Private Wealth Creation in Thailand with iWS and 159 Capitals
Not content with iWS alone
02/27/2020
Reserve Bank determined to protect AMP Life policyholders
According to Interest.co.nz, AMP Life sent its policyholders only one letter in 2018 to inform them about the proposed sale.
02/27/2020
Malaysia regulator lets private retirement schemes invest in foreign markets, gold ETFs
He says the PRS offers Malaysians “an alternative channel to supplement their retirement savings” and that the liberalised investment rules are to “enhance the competitiveness of the industry”.
02/27/2020
Carey Olsen advises Glory Star in US$525 million acquisition
Anthony said: "This is a major deal in China's thriving consuming media sector and we are delighted to have supported Glory Star in bringing it to fruition.
02/26/2020
KPMG to axe 40 jobs, or 2 per cent of Hong Kong headcount, as it remodels its advisory business to embrace tech innovation
KPMG will remodel its advisory business in Hong Kong to meet customers’ need for advice on technology and innovation
02/26/2020
Key Regulatory Issues for Financial Institutions in Hong Kong During the Coronavirus Outbreak
In the recent 2019-nCoV situation, the HKMA and the SFC have issued further guidance.
02/26/2020
Corporate Crime update - Herbert Smith Freehills
Our update now covers a number of jurisdictions.