12/11/2023
Philippines wants its workers in Malta protected against abuse
Agreement would ensure Filipinos experience ‘less exploitation and abuse’
Legal, Regulation & Compliance
12/07/2023
APRA maintains current macroprudential policy settings
APRA also considered the level of capital on bank balance sheets and the expected performance of their lending assets.
12/07/2023
ASIC intervenes to protect retail investors from high-risk offers and business practices
In response to this growth, the range of online trading providers offering trading in regulated investment products expanded.
12/06/2023
Full-steam Ahead for Mainland-Hong Kong Cooperation Mechanism to Recognise and Assist Insolvency Proceedings in Pilot Areas and Beyond
The petitioner then issued a summons to seek a letter of request for recognition and assistance pursuant to the Cooperation Mechanism.
12/01/2023
OCBC: First Bank to Go After Laundering Suspect
A court hearing for the case has been scheduled for December 1. Su has been held in remand since his arrest on August 15.
11/30/2023
Maples Group Advises First Game Development Company to List on Singapore Exchange
A team of lawyers based in the firm's Hong Kong office, led by Corporate Partner, Juno Huang and assisted by Associate, Janelle Ho acted as Cayman Islands counsel to Winking Studios.
11/30/2023
The Monetary Authority takes disciplinary action against CA Indosuez (Switzerland) SA, Hong Kong Branch for contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance
The Monetary Authority (MA) has imposed a pecuniary penalty of HK$3,500,000 against CAHK for contraventions of the AMLO.
11/30/2023
Bank of Korea extends rate pause, lifts inflation forecasts
The pause marks the seventh straight meeting at which officials have remained on the sidelines during this rate cycle
11/29/2023
HKMA-BIS High-Level Conference
The Conference is the first large-scale gathering of central bank governors in the city since the pandemic.
11/28/2023
Beijing police investigate major Chinese shadow bank Zhongzhi after it says it's insolvent
Police are investigating a Chinese wealth management company owned by Zhongzhi Enterprise Group days after the firm told investors it was insolvent
11/27/2023
The HKMA and banking sector support the launch of Anti-Deception Alliance to fight against fraud
ADA is the latest achievement in a long history of close public-private collaboration among the HKMA
11/24/2023
Hong Kong Monetary Authority and FSRA Join Forces to Enhance Local Data Exchange and Fintechs
Both the Hong Kong Monetary Authority and the FSRA hope to further promote inclusive and innovative financial services leveraging fintech and data in both markets.
11/22/2023
ASIC suspends licence of Suetonius Wealth Management
ASIC suspended Suetonius’s AFS licence to give the provider the opportunity to lodge its financial statements and audit reports.
11/17/2023
Appleby's Hong Kong Office Maintains strong presence in the Legal 500 asia pacific guide 2024
The team has also earned praise for their capabilities and exceptional responsiveness, as clients expressed their satisfaction with the legal services provided.
11/16/2023
Gen Z more concerned about finances than any generation in Australia
Encouragingly, nine in ten Gen Zs have a strong desire and intent to boost their money skills and financial confidence, despite facing several barriers.
11/16/2023
Carey Olsen's James Noble achieves Full (TEP) Membership with STEP
By attaining the highest level of membership with STEP, James has earned international recognition as an expert in trusts and estates.
11/15/2023
MAS Partners Financial Industry to Expand Asset Tokenisation Initiatives
This potentially paves the way for integration across the capital markets value chain including listing, distribution, trading, settlement, and asset servicing.
11/10/2023
Swiss SEBA Bank gets approval to provide crypto-related services in Hong Kong
SEBA will begin offering its services to institutional, professional investors and high-net-worth individuals in Hong Kong with immediate effect
11/10/2023
ASIC oversees more than $17.4 million in compensation to retail investors by OTC derivative issuers
Binance’s Australian financial services licence was cancelled on 6 April 2023 following its request to voluntary cancel its licence
11/09/2023
Ping An Denies Country Garden Report
The company expresses its deep regret that Reuters still insists on publishing the relevant untrue story.