08/23/2018
Fintech Without Borders: Regulators Consult on Global Financial Innovation Network
The Consultation builds on the FCA’s proposal earlier this year to create a “global sandbox” for innovative financial services firms.
Legal, Regulation & Compliance
08/23/2018
Ogier shortlisted for best in offshore in Asia-Pacific Dispute Resolution Awards 2018
The awards ceremony will be held on September 20 at the Island Shangri-La in Hong Kong.
08/23/2018
Fieldfisher has expanded its Chinese operations
The new partners include Zhongran Lian who specializes in commercial arbitration and litigation with over 30 years of experience advising both state owned and private companies.
08/22/2018
KPMG chairman Alison Kitchen against 'name and shame' over audit quality
Ms Kitchen also reaffirmed her view that the firms should not be broken up.
08/22/2018
Malaysia, China in deal to cooperate on accounting, audit
The deal will help the countries benefit “in areas of mutual interest relating to accounting and auditing", Securities Commission Malaysia says in a statement on August 20.
08/22/2018
Indonesia’s Bank Mandiri is on track to list its Islamic finance unit in 2020
The Islamic bank is seeing 16% to 17% growth in savings, triple the pace at conventional banks, he said.
08/22/2018
Legal tech project recruits big City firms
Among other participants are nine small and medium-sized local law firms, two corporate counsel and nine legal tech companies.
08/22/2018
Tech firms could become top shareholder of Internet-only bank: regulator
Choi also said that big companies in non-technology business sectors would be banned from becoming a top shareholder of an Internet-only bank.
08/22/2018
Discriminatory bank regulation hits super savings
The research, commissioned by ANZ, estimates the average industry or retail super fund member is missing out on an additional $12,000 in retirement as a direct result of bank liquidity regulation.
08/21/2018
Super funds cop governance grilling
"What has been exposed is a blinkered focus on financial risk at the price of ignoring conduct risk," he says.
08/21/2018
Bank Of China And UnionPay Teamed Up To Develop A Payment Solution Based On Cryptocurrency Technology
The two institutions, the Bank of China and UnionPay, have achieved remarkable joint results in the areas of bank card issuance and product innovation.
08/21/2018
Updates to China’s negative list
A negative list was first rolled out in the Shanghai Free trade Zone in 2013 and was subsequently extended to the other FTZs.
08/21/2018
Australian commission spotlight less kind to retail super funds than to industry funds
The spotlight was less kind to bank-backed retail super funds.
08/21/2018
Bank of Thailand governor strikes hawkish tone as GDP gains 4.6%
Thailand can’t go against the global trends in interest-rate policy, he said.
08/21/2018
Alleged head of BitConnect cryptocurrency scam arrested in Dubai
BitConnect has been accused of operating an exit scam after duping investors out of millions of rupees.
08/21/2018
Korea Exchange says it checking Merrill Lynch trades after media reports, petition
Petitions on the website of the South Korean president’s office have called for investigations into Merrill Lynch’s KRX trades.
08/21/2018
Ogier a finalist for Asian Offshore Law Firm of the Year
This recognition for the work of our office here in Hong Kong is very welcome, and reflects a year of hard work by everyone in the team.
08/20/2018
A welcomed spike in employee benefit trusts in Hong Kong
The new rules allow companies with weighted voting rights to list on the HKSE’s main board, as well as biotech firms that have not yet turned a profit.
08/20/2018
China regulator asks financial institutions to support infrastructure investment
The move comes amid a period of uncertainty for China’s economy, in part because of an intensifying trade row with the United States.
08/20/2018
Dawood Ibrahim's finance manager Jabir Moti nabbed in London
He was arrested by the officials of the Charring Cross Police Station in London.