03/30/2017
Strategic Partnership between Monte-Carlo Société des Bains de Mer and Galaxy Entertainment Group
The announcement of this agreement follows a strategic investment made by GEG in S.B.M. in July 2015.
Legal, Regulation & Compliance
03/30/2017
China’s Subtle But Significant Attitude Change on Monetary Policy
The People’s Bank of China’s monetary policy changes are strongly impacting the outlook for 2017 and beyond.
03/30/2017
Former UBS AG Hong Kong banker charged by ICAC in HK$1.5 million bribery case
The defendant was working in the bank’s global wealth management and business banking team.
03/30/2017
Singapore And Malaysian Law Firms Launch Fintech Practice
Fintech pushes traditional boundaries and often presents a tension between an innovative business model and characteristics that are not readily applicable to current regulations
03/29/2017
Irdai slaps Rs 20 lakh penalty on ICICI Prudential Life
The insurer in a regulatory filing said that IRDAI had conducted an onsite inspection of the company in December 2013.
03/29/2017
Norton Rose Fulbright acts for Vantage Asset Management
The Vantage fund has been granted unconditional registration status by the Innovation Investment Committee of the Australian Government Department of Industry, Innovation and Science.
03/29/2017
Lawyers performance hampered by firms’ poor communication
Most of the firms (73 per cent) have no formal process for assessing the effectiveness of their internal communication channels.
03/29/2017
Hong Kong’s New Requirements for “Senior Management” of Fund Managers and Other Licensed Corporations
This article examines the requirements of the regime and the action items of which licensed corporations should take note ahead of the initial filing deadlines in July 2017.
03/28/2017
Ogier Advises on 'Panda Bond' First on Shanghai Stock Exchange
The Moscow-headquartered company is one of the world's biggest aluminium producers, operating in 19 countries on five continents
03/28/2017
17-082MR ASIC releases guidance on risk management systems of responsible entities
There have been a number of collapses of responsible entities which resulted in significant losses to investors and where we consider inadequate risk management systems to have played a role.
03/28/2017
Australia, China To Amend FTA And DTA
In addition, they agreed to start discussions this year on updating the Australia-China Tax Treaty, with formal negotiations to begin in 2018
03/28/2017
MAS Inks Cross-Border Fintech Agreement with French Authorities
MAS has entered into an agreement with France's ACPR and the AMF
03/28/2017
China central bank chief signals further opening of financial sector
Global trade has been the central theme of officials and executives at this year's forum, with Zhou saying on Saturday he wanted Group of 20 leaders to seek greater consensus on the issue when they meet later this year.
03/28/2017
ICBC International Signs Framework Agreement with China Renaissance for Long-Term Strategic Cooperation
This framework agreement with CR Group elevates our relationship to a strategic level as we will enhance our cooperation in the areas of corporate finance, capital markets and wealth management.
03/28/2017
China’s central bank thinks digital currency can do one thing cash can’t
With the popularity of digital currency, cash usage will drop significantly
03/28/2017
Ogier advise on first foreign company non-interbank "Panda bond" offering on Shanghai Stock Exchange
The listing is also the first Russian "Panda Bond" offering – the name given to overseas debt sold in the Chinese market.
03/28/2017
Five plead not guilty to embezzling Maybank
They are alleged to have dishonestly misappropriated the money into their Maybank accounts at the bank’s various branches in Selangor between December 2014 and January 2015.
03/27/2017
SFC reprimands and fines Merrill Lynch Far East Limited & Merrill Lynch (Asia Pacific) Limited $15 million over internal control failures
The Securities and Futures Commission has resolved its concerns with Merrill Lynch The SFC also took into consideration MLFE’s board of directors have undertaken that the problems unveiled in the review findings concerning the compliance with requi
03/27/2017
The games politicians play!
He claimed the situation demanded that Pakistan should approach the Swiss government for a treaty surrounding the exchange of information.
03/27/2017
China and New Zealand agree to boost already-close trade ties
The first of its kind between China and a developed country.