10/27/2017
Regulator Updates Funds Management Rules
The guidance that has been updated covers topics including establishing and registering a fund, fund constitutions, compliance and oversight, asset holding, discretionary powers, and foreign passport fund powers.
10/27/2017
Former NAB adviser sentenced for forging documents
As the matter was heard summarily, the maximum sentence available for each offence was two years imprisonment.
10/27/2017
ASIC expands network of fintech cooperation agreements to Switzerland
‘This agreement cements an already strong relationship with FINMA, and we look forward to ongoing collaboration in the fast-paced fintech environment in both countries.’
10/25/2017
Employees At Almost All Of Shoko Chukin Bank's Offices Across Japan Falsified Documents To Make Low-Interest Loans
10/25/2017
The new partners of the firm reflect the global footprint of Ropes & Gray.
10/25/2017
The HKMA will continue to discuss and work with relevant stakeholders to facilitate the transformation of our banking system to a new and higher level of Smart Banking.
10/25/2017
Bongard Was Granted Cash Bail Of HK$100,000
10/25/2017
The rate determines what banks charge to lend money to each other and is not directly linked to mortgage or other retail lending interest rates.
10/24/2017
The draft laws, which Morrison has opened for consultation, would let companies "overcome the initial regulatory burden and costs of licensing that may otherwise hinder innovative offerings."
10/24/2017
Public faith in the local banking sector could be undermined.
10/24/2017
The draft legislation and regulations states that eligible Australian fintech businesses will be able to test their products and services with up to 100 customers for a maximum period of 24 months.
10/24/2017
The New York-based boutique says it is expanding its Asia practice into mainland China with unique, conflict-free offerings.
10/23/2017
The case comes amid heightened political focus on the banks over a series of conduct issues, with the trial due to take up to 12 weeks and expected to renew the focus on cultural issues within the banks.
10/22/2017
Regulator’s Cases Against ANZ, Westpac And NAB To Start Monday
10/22/2017
Global 50 law firm snags duo from Paul Hastings in HK
“Doug and Victor are widely regarded as leaders in the Asian private equity and M&A markets,”
10/20/2017
Central Bank Plans Legal Framework To Prevent 'Shadow Economy' Forming
10/20/2017
The guide also noted “One of Appleby's key strengths is the working across its own jurisdictions."
10/18/2017
Leading international trade and customs law firm expands in Hong Kong
It will also allow us to utilize the latest technology to provide the best possible service to our clients.
10/18/2017
China shuts down billionaire's golf courses
A new crackdown began in 2004 and intensified under Xi.
10/18/2017
Donald Tsang’s wife deposited HK$350,000 cash just after bank chairman withdrew same amount, trial hears
Prosecutors claim money used months later to pay businessman who provided ex-city leader free renovation of penthouse where the couple planned to retire