09/01/2023
Korea appeals World Bank ruling on Lone Star dispute
The government cited the ICSID's procedural violation and the absence of reasoning on the ruling for its appeal.
Legal, Regulation & Compliance
09/01/2023
Australian court emphasises limits on refusing enforcement of foreign arbitral awards
This, in turn, bodes well for Australia’s future as a respected seat of international commercial arbitration.
08/31/2023
Two Singapore Banks Are Creditors to Alleged Launderers
DBS and Bank of Singapore are creditors to suspects in the recent money laundering scandal involving more than S$1 billion ($741 million) of assets
08/31/2023
Commonwealth to disclose climate risks in sovereign bonds
The case, filed in 2020 by retail investor Kathleen O'Donnell, was represented pro bono by Equity Generation Lawyers principal David Barnden.
08/31/2023
Fostering Digital, Financial, and Green Inclusion for MSMEs"
The great potential of MSMEs is that can be nimble and adaptive – critical success factors in an economic landscape characterised by continuous change.
08/31/2023
APRA releases 2023 superannuation performance test results
This year’s test was expanded to evaluate the performance of 805 “trustee directed products”
08/30/2023
Mirae Asset Securities Claims Allegations of Lime Fund Favoritism Belong to Asset Manager
Mirae Asset Securities will actively cooperate in the event of investigation assistance or data requests.
08/30/2023
SEBA Hong Kong Awarded Approval-in-Principle
SEBA is set to become the first licensed corporation in Hong Kong with crypto capabilities backed by a Swiss crypto bank, SEBA Bank providing it with the platform to operate regulated activities in virtual assets.
08/29/2023
Standard Chartered announces sale of its global aviation finance leasing business to AviLease
The Consideration is subject to adjustment with reference to the net asset value of the business at completion.
08/28/2023
Rising costs and regulation to drive SFO consolidation wave
With requirements on single family offices becoming more onerous for smaller players, a growing number are looking at joining multi-family offices or considering alternative structures to cut costs.
08/28/2023
Website Alert – Fraudulent website related to CMB Wing Lung Bank Limited
The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions.
08/25/2023
Financial authority finds cartel in probe involving asset management firms
They have been continuously suspected of having direct or indirect connections with influential figures of the previous administration.
08/25/2023
Regional Payment Connectivity Expansion to Include State Bank of Vietnam
The RPC initiative was established to strengthen and enhance collaboration on payment connectivity through the development of faster, cheaper, more transparent, and more inclusive cross-border payments.
08/24/2023
SFC issues quarterly report
It allows investors of Mainland bonds to hedge interest rate risks from Hong Kong.
08/23/2023
Munich Re targets AMP over alleged reinsurance misconduct
Allegations suggest that AMP and its associated entities may have acted in a misleading or deceptive way in respect to these agreements.
08/22/2023
Malaysia May Sue Goldman Sachs Over 1MDB Scandal
Now, Anwar has come out to say that a legal pursuit has not been ruled out.
08/22/2023
Iress enters into binding agreement with SS&C to sell its MFA business
The Transaction follows the announcement of Iress’ refreshed strategy in April, which included a refocusing on Iress’ core businesses while managing non-strategic business for value and releases of capital.
08/22/2023
ASIC cracks down on former adviser, comedian
ASIC is investigating fees charged to the super funds of Valvo's former clients between January 2015 and September 2021.
08/18/2023
Hong Kong Partner Vivien Fung shortlisted for Women in Business Law Awards APAC 2023 Offshore Lawyer of the Year
Vivien has been recently recognised as a “Highly Regarded” lawyer in the 2023 edition of IFLR1000.
08/18/2023
Zhongrong Part-Owner Hired KPMG to Review Balance Sheet
Meanwhile, Zhongzhi is also planning to restructure debt and sell assets after the review to repay investors.