08/07/2023
Japan Watchdog Probes Credit Suisse AT1 Sales
This includes whether or not investors were aware of the possibility of a write-down to zero.
Legal, Regulation & Compliance
08/07/2023
ASIC suspends AFS licence of Probis Financial Services Pty Ltd
Probis may apply to the Administrative Appeals Tribunal for a review of ASIC’s decision.
08/04/2023
Singapore central bank plans anti-money laundering controls for single-family offices
“The revised framework will introduce a consistent set of exemption criteria from licensing requirements for SFOs to ensure that all SFOs are subject to anti-money laundering controls.”
08/04/2023
Signing of a Memorandum of Understanding with Abu Dhabi Exports Office
SMBC has been a leading provider of corporate finance, project finance, financial advisory and trade finance for the government and state-owned companies in UAE
08/04/2023
Allen & Overy advises ESR on Hong Kong’s first sustainability-linked loan for a brownfield data centre conversion project
It is the first SLL in Hong Kong for a brownfield data centre project.
08/03/2023
S238 in action: CICA clarifies approach to 'fair value' appraisal proceedings in Trina Solar
An independent Special Committee was appointed to evaluate the fairness of the offer, and it approved and recommended it to shareholders.
08/02/2023
Maples Group Advises Multi-Million Dollar China-Focused Hedge Fund
A team of lawyers based in the Group's law firm in Hong Kong acted as Cayman Islands legal counsel to Protium Capital.
08/02/2023
Harneys advises Endeavour United on the closing of its JP¥53 billion new Japan buyout fund
At the core of its investment strategy, Endeavour United aims to make value-oriented investments in companies with operational, transactional, or structural challenges and complexity.
08/02/2023
MAS seeks views on framework to combat potential money laundering at single-family offices in S’pore
To qualify for the proposed class exemption, SFOs must be incorporated in Singapore
08/02/2023
Hong Kong shifting landscapes of philanthropy and how family plays a part in it
With so much wealth accumulated within the region, many HNWIs turn to philanthropy as a means to support causes and help communities in lack.
07/31/2023
Former investment manager Brett Paul Trevillian charged with creating fraudulent documents
The matter will next be in court on 26 September 2023 at the Downing Centre Local Court.
07/28/2023
ASIC imposes additional licence conditions on Shartru Wealth Management Pty Ltd
Shartru has held AFS licence no. 422409 since 30 July 2012.
07/27/2023
No Signboard CEO Lim Yong Sim charged with share price rigging
The charges arose from a joint investigation by white-collar crime busters, the Commercial Affairs Department and the Monetary Authority of Singapore.
07/27/2023
ASIC appoints Morgan Stanley to sell shares in The Market Herald Limited
The sale follows a decision by the Takeovers Panel (the Panel) to vest shares in the Commonwealth for sale by ASIC.
07/27/2023
MAS Enables Online Nomination of Insurance Beneficiaries
The process for nominating beneficiaries currently involves hardcopy submissions with in-person witnessing.
07/24/2023
Appleby's Hong Kong office advises China Everbright Greentech Limited on its registration of up to RMB 5 billion DFIS and issuance of RMB 1 billion MTN
China Everbright Greentech is a professional environmental protection service provider in China, with its businesses focusing on integrated biomass utilisation, hazardous and solid waste treatment, environmental remediation, solar energy and wind power.
07/21/2023
Hong Kong, mainland China regulators agree to enhance wealth management and bond connect schemes during 3-day Beijing visit, HKMA CEO says
Mainland officials support the strengthening of Hong Kong’s international financial centre status: chairman of industry body HKAB
07/21/2023
APRA publishes final investment governance guidance
"The reforms have been broadly welcomed by trustees, many of whom have sharpened their focus on the valuation of unlisted assets, liquidity management and stress testing in recent months."
07/20/2023
Carey Olsen's Helen Wang achieves Full (TEP) Membership with STEP
Helen is listed as a Rising Star in The Legal 500 Asia 2023 Guide
07/19/2023
Henley & Partners: Singapore Leads Passport Rankings
Singapore has a population of 5.6 million and it granted citizenship to about 23,100 people in 2022.