03/26/2024
BEA Partners with PAOCCRA to Enhance Loan Approval Efficiency
The approval process is as quick as three working days
Legal, Regulation & Compliance
03/26/2024
ANZ agrees to settle credit cards class action
The settlement is without admission of liability and remains subject to court approval.
03/21/2024
Appleby's Hong Kong Office Garners Two "Deals of the Year"
This USD975 million financing, facilitated by Appleby’s expertise in Bermuda and BVI law, solidified the terminal’s position as Peru’s most significant investment endeavour of 2023.
03/20/2024
Withers represented Shun Ho Property Investments in historic mansion acquisition | Hong Kong
The strategic acquisition comes at a time when the luxury residential market in Hong Kong is witnessing a resurgence, following the government's decision to scrap all property purchase restrictions.
03/20/2024
Singapore: Withers KhattarWong Future Female Leaders Award
As the firm celebrates its 50th anniversary in Singapore, this award reflects and underscores our commitment to fostering leadership and advancing gender empowerment within the legal profession.
03/20/2024
Carey Olsen shortlisted for Chambers Asia-Pacific and Greater China Region Awards 2024
Nominees are selected based on extensive research and thousands of interviews conducted by a team of over 200 analysts
03/20/2024
Appleby's Hong Kong Office Advises WK Group (Holdings) Limited
The net proceeds from the share offer will be used for financing the up-front costs of WK Group’s projects
03/19/2024
Maples Group Excels Winning Six China Deals of the Year 2023
In a year marked by intense competition, this is a remarkable achievement for the Maples Group.
03/15/2024
ASIC cancels AFS licence of Suetonius Wealth Management Pty Limited
ASIC had suspended Suetonius’ AFS licence from 17 November 2023 to 28 February 2024
03/14/2024
ASIC and APRA release a cross-industry information package on the Financial Accountability Regime
The regulators intend to engage further with industry as part of the consultation and implementation process over coming months.
03/13/2024
APRA removes National Australia Bank’s operational risk capital add-on
APRA is now satisfied that NAB has completed its remediation program and adequately addressed the issues raised in its risk governance self-assessment.
03/11/2024
1MDB scandal has consequences worth millions for Ticino bank
But the verdict is just another step in the corruption scandal surrounding the Malaysian sovereign wealth fund 1MDB, as it turns out.
03/08/2024
APRA and ASIC issue final rules and further guidance for the Financial Accountability Regime
In doing so, the FAR aims to improve the risk and governance cultures of those financial institutions.
03/08/2024
Hong Kong’s ‘cutting-edge’ central bank digital currency pilot burnishes blockchain credentials, boosts international financial hub status, HKMA’s Yue says
‘We’ve always been at the cutting edge of the whole blockchain evolution, including CBDCs,’ Hong Kong Monetary Authority CEO tells the Post
03/07/2024
APRA revokes Islamic Bank’s restricted banking licence
Islamic Bank’s decision to request a revocation of its restricted ADI licence does not prejudice any future application it may make for a restricted ADI or ADI licence.
03/05/2024
Fraudulent website and phishing instant messages related to Fubon Bank (Hong Kong) 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.
03/05/2024
ASIC shuts down nearly 3,500 scam websites, steps up surveillances in push to protect consumers
That’s why ASIC is stopping investment scams at the source of their promotion, removing them from the internet before they can lure in unsuspecting consumers.
03/04/2024
Finance lobby group calls for bolder overhaul of Wealth Management Connect scheme to boost Chinese investments
The investment quota for individuals should be raised to 8 million yuan (US$1.1 million) from 3 million yuan, says the CEO of ASIFMA
03/04/2024
Harneys advises Finfront and Bitfufu on de-SPAC merger and NASDAQ listing
BitFuFu is a fast-growing digital asset mining service and a world-leading cloud mining service provider.
02/28/2024
Website Alert – Fraudulent websites 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.