12/02/2016
China’s Market News: Offshore Investors Reduce Yuan Holdings on Weaker Rates
Yuan deposits in Hong Kong dropped -2.63 billion Yuan to 662.54 billion Yuan in October from the month prior.
Legal, Regulation & Compliance
12/02/2016
Head of Japan Pension Fund Interested in U.S. Infrastructure Investments
Treasury yields is likely a reflection of market participants’ view that infrastructure spending will mainly be funded by U.S. taxpayers’ dollars.
12/02/2016
Standard Chartered and Coutts hit with fines by Singapore regulator
Singapore's regulator launched its investigation
12/01/2016
China's about to unleash its roller-coaster tech market on the world
Authorities toyed with the idea of launching the link last year, but the plan was delayed following the August 2015 market crash — back when China's currency, the renminbi, was devalued.
11/30/2016
1MDB: Ex-BSI Banker's Guilty Plea Reveals Swiss Bank Ties
Yeo's trial also revealed how bankers enjoyed relatively free rein from BSI for their illicit dealings
11/30/2016
QIC signs agreement with Chinese fund manager
Australian investment manager QIC yesterday signed a memorandum of understanding with Chinese-based asset manager Ping An Asset Management Company.
11/30/2016
Latham, Bakers, A&O and Ashurst among winners at Asian Lawyer Emerging Markets Awards
White & Case Asia head Eric Berg was awarded Emerging Markets Law Firm Leader of the Year for international firms
11/30/2016
Philippine bank at centre of $81 mln heist says will not compensate Bangladesh
Most of the money was laundered through casinos in Manila and remains missing.
11/30/2016
New India Assurance to launch Rs 1 crore health insurance policy
The new product would have advance features and the sum insured could go up as high as Rs one crore
11/29/2016
ASIC bans former Westpac financial planner for eight years
Mr Bishop's behavior was reported to ASIC in May 2014.
11/29/2016
China-Swiss Talks Deepen Financial Ties, Lobby Head Says
Switzerland is ranked third in foreign financial centers trading the Chinese currency, behind London and Frankfurt.
11/28/2016
Looking through the 'Islamic window': RBI's suggestion draws mixed reactions
Though some fear religious disputes over the window, the community begs to differ.
11/28/2016
Indian Central Bank Takes Steps to Curb Rising Bank Liquidity
Indian sovereign bonds, which have rallied in November, may react negatively to the news, according to South African lender FirstRand Ltd.
11/28/2016
Pakistan's central bank calls India's demonetisation move 'extreme'
This sudden change in currency policy was aimed to crack down on corruption and black money, but it has also drawn flack for its inefficient implementation.
11/28/2016
Japan tax reform to target offshore income, assets
The plan is to eliminate the 20% threshold, bringing entities in 40 more jurisdictions
11/25/2016
Allianz’s $508 Billion Fund Management Unit Seeks China License
Allianz Global Investors has about 481 billion euros ($508 billion) in assets under management, compared with $1.55 trillion at California-based Pimco.
11/25/2016
ACCC takes proceedings against ANZ and Macquarie bank for attempted cartel conduct
Banks and other institutions primarily use NDFs for hedging and risk management.
11/25/2016
Next Year to be Strong for Offshore Firms in Asia
Dispute resolution, corporate and asset management work remain the service lines that will be the strongest for the offshore law firms.
11/25/2016
China’s Debt Bubble: Why the Bears Are Wrong
That China’s banking system has a non-performing loan problem is nothing new.
11/24/2016
Everything fund managers need to know about MAS guidelines on outsourcing
MAS has no intention to limit outsourcing.