10/08/2017
Money launderers remain ahead of authorities by using 'sophisticated methods', US expert says
Mr Cassara said the recent case of the Commonwealth Bank just proved how exposed Australia was to sophisticated money laundering gangs.
Legal, Regulation & Compliance
10/05/2017
Singapore government mulls laws on e-payment fees
Country is assessing other jurisdictions to decide whether to regulate e-payment surcharges to encourage cashless adoption.
10/05/2017
StanChart faces probes in Guernsey, Singapore over $1.4bn in client transfers
The timing of the transfer in the second half of 2015 also came shortly before the introduction a few months later of tighter disclosure requirements for tax data in Guernsey as part of the Common Reporting Standard, a new global transparency code.
10/03/2017
New GPIF board chief vows to promote public understanding
Change in management structure comes amid persistent public anxiety
10/03/2017
Kennedys continues global expansion with Bangkok and Paris office openings
The initial focus of our Bangkok office will be insurance/reinsurance, dispute resolution and corporate work.
10/03/2017
US$3.1bn capital markets deal succeed with 3 Australian firms’ help
Ashurst acted for Tronox Limited and its Australian subsidiaries, which were the deal’s borrowers, guarantors, and security providers.
10/02/2017
China to cut bank reserve threshold
The targeted reduction is a ‘structural adjustment’ and is not a shift in monetary policy, the central bank says
10/02/2017
Launch of the SFC Regulatory Sandbox
In the sandbox environment, qualified firms will be under closer monitoring by the SFC.
10/02/2017
Australia's Securities Regulator Issues Formal Guidance on ICOs
The law issued by the ASIC will carry some protections for investors.
10/01/2017
Philippines plans to amend Constitution to ease foreign ownership limit
The Philippines has lagged most of its peers in Southeast Asia in terms of attracting foreign direct investment
09/29/2017
Victory at Singapore International Commercial Court
The Italian and Singapore offices worked closely together in a collegiate way when the dispute arose to determine the appropriate jurisdiction.
09/29/2017
Korea bans bitcoin product FCA issued warning on
Bitcoin is a particularly sensitive issue on the Korean peninsula, where North Korea is reportedly hacking and mining the digital currency to avoid sanctions.
09/29/2017
Ex-U.S. software chief, ex-Australia bank exec charged in bribery scheme
Arrest warrants have been issued for both defendants.
09/29/2017
Singapore Banks Closing Accounts Of Cryptocurrency Firms
The Singapore Fintech Association also said some members had experienced account closures, the Business Times said.
09/29/2017
Luxembourg and China strengthen collaboration and commit to working closer together in climate finance
This extension will enable SSE-listed green bonds to be displayed on Luxembourg Green Exchange.
09/28/2017
Secret Guangzhou bank used to transfer assets abroad busted
More than 10 bank accounts were frozen after the police operation in Guangzhou.
09/27/2017
British banker Rurik Jutting to appeal against murder conviction
Rurik Jutting was convicted of murders of two Indonesian women after subjecting them to three days of torture and rape
09/25/2017
BEAR cracks down on executive pay
The explanatory memorandum defined a large ADI with $100 billion or more in assets.
09/25/2017
IRESS invests in Australian regtech
Financial services is subject to increasing supervision and compliance obligations.
09/22/2017
Asia Jet CEO foresees further growth for 'new kid on the block' Guernsey
Guernsey is the new kid on the block in the aviation industry and is picking up market share very quickly.