05/11/2018
Leading law firm wins debt market deal of the year
In addition to this accolade, Appleby was also shortlisted for Equity Market Deal of the Year
Legal, Regulation & Compliance
05/10/2018
Law firm Quinn Emanuel files class action against Australian wealth manager AMP
Global law firm Quinn Emanuel filed a lawsuit against Australian wealth manager AMP Ltd on Wednesday, a day before the company’s annual general meeting, complaining of allegations of criminal misconduct that have sent AMP shares tumbling. Quinn Ema
05/10/2018
Former head of China's Anbang jailed for 18 years
Mr Wu was first detained in June last year.
05/09/2018
Application fees increase for tax advisers
TPB chair Ian Taylor welcomed the additional funding, saying it would ensure the TPB is able to "continue to meet its legislative responsibilities and protect consumers of tax services."
05/09/2018
Australia’s biggest bank admits wrongdoing in rate-rigging case
ASIC claimed that CBA “traded with the intention of affecting the level at which BBSW was set so as to maximize its profits or minimize its losses to the detriment of those holding opposite positions to CBA’s.”
05/09/2018
OurCrowd and Bangkok Bank Announce Strategic Alliance as Asia Expansion Continues
The collaboration empowers OurCrowd to deliver deeper exposure for BBL’s SME and major corporate clients to Israeli and global technologies.
05/09/2018
Hong Kong group aims to curb money laundering around Asia
China has battled to curb capital outflows for years.
05/09/2018
Ombudsman investigating Paolo Duterte wealth
The Office of the Ombudsman is currently conducting an investigation on the reported ill-gotten wealth of resigned Davao City Vice Mayor Paolo Duterte, the son of President Rodrigo Duterte.
05/09/2018
China to tighten rules on banks' wealth management business - sources
China is in the third year of an ambitious campaign to reduce risks in its financial system stemming from a rapid build-up in debt, which the Bank for International Settlements has warned could lead to a banking crisis.
05/09/2018
Crowe Horwath International announces global rebrand of all member firms
Crowe will thrive in a rapidly changing world through our clear strategic vision, new common brand and the commitment of our members.
05/09/2018
Law firm Quinn Emanuel files class action against Australian wealth manager AMP
“The class action alleges that, amongst other things, AMP breached its continuous disclosure obligations and made misleading statements, causing shareholders significant loss,”
05/08/2018
With FATF deadline looming, Pakistan faces challenges to curb money laundering: Report
A president of a private bank in Karachi believes if Pakistan got placed on the grey-list it would make it very difficult for the country to borrow on international markets
05/08/2018
ASIC drags NSW adviser to court
Miller also continued to operate the bank account of CFS Corporation after it was deregistered, ASIC is alleging.
05/08/2018
Regulatory battle heats up over future of Japanese banks
Fukuoka Financial Group Inc has been wanting to buy Eighteenth Bank Ltd in Nagasaki prefecture and merge it with one of its three lenders, Shinwa Bank.
05/08/2018
Carey Olsen's Linda Lee recognised for offshore client service in Asia
Ms Lee's practice area focuses on cross-border M&A, corporate finance and corporate restructuring transactions throughout Asia as well as into Europe and the US.
05/08/2018
China penalises three banks for improper wealth management
Besides amending the regulatory standards for asset management services, the new rules address other relevant issues.
05/07/2018
Newsbreak: ‘National Bank of Abu Dhabi Malaysia to close this year’
The bank’s staff count at its sole office in Menara Maxis, Kuala Lumpur, has halved from around 40 last year, the person adds.
05/04/2018
Bangladesh open to out-of-court settlement over cyber heist
In one of the world's biggest cyber heists, the hackers stole the Bangladesh Bank money held at the New York Fed in February 2016
05/04/2018
Nomura: Remittances may take a hit from Kuwait deployment ban
He urged Filipino expats to come home.
05/04/2018
NAB Retreats From Wealth
Asian banks with scale and healthy cost-income ratio's have been keen acquirers.