09/23/2016
Alleged 'Rat Trader' Surrenders in Shanghai
Liu of Taiping Asset Management Co. Ltd., became suspected of having engaged in rat trading
Legal, Regulation & Compliance
09/23/2016
ANZ settles high-profile legal dispute with Oswals
Simultaneously, the Oswals have settled their equally long-running dispute with the Australian Taxation Office over a tax bill estimated to be over $100 million.
09/22/2016
UK jails flashy cyber criminal who duped banks of £113m, led expensive lifestyle
Feezan Hameed Choudhary was jailed for 11 years at Southwark crown court
09/21/2016
Another former AMP planner cops ban
ASIC has permanently banned Damian O'Rourke
09/21/2016
Closing on the takeover of Valartis Bank (Liechtenstein)
Final implementation of recovery plans is expected in the fourth quarter of 2016.
09/21/2016
Indonesia regulator urges Singapore banks to support tax amnesty effort
Private banks in Singapore are sharing with the Commercial Affairs Department of the police the names of clients joining an Indonesian tax amnesty.
09/21/2016
FBR mulling over amnesty for owners of offshore companies
Keeping in view severe criticism from the opposition, especially from Imran Khan-led PTI, the sources said that such amnesty scheme should be barred for politicians and bureaucrats.
09/20/2016
Japanese easing policy almost ready for face-lift
The central bank will comprehensively assess the measures at a two-day meeting starting Tuesday to pinpoint deflationary pressures as well as look at benefits and side effects.
09/20/2016
KPMG to set up India support bench for UK legal team
The accountancy giant is recruiting lawyers with 7-10 years’ post qualification experience, preferably including time with another professional services firm or other in-house role.
09/20/2016
HKMA to add cyber security, anti-money laundering knowledge to bankers’ certification
New programmes will be added to the HKMA’s Enhanced Competency Framework
09/20/2016
Ogier advise on first Jersey managed trust company for Chinese firm
The Jersey Financial Services Commission has issued a licence to Ark Trust (Jersey) Limited, a subsidiary of Chinese firm Noah Wealth Management.
09/20/2016
SC to announce entities offering peer-to-peer financing
Over the years, the SC has pursued proactive initiatives to ensure that the right incentives and structure are in place to facilitate venture capital and private equity activity.
09/20/2016
Singapore: The Impact Of Recent Developments In The Australian Transfer Pricing Rules On Transactions With Singapore
Transactions entered into by Australian taxpayers with entities located in countries with a lower tax regime
09/20/2016
6 Key Regulatory Changes Happening In Vietnam
Below are the six key regulatory changes every business should know when considering to expand in Vietnam.
09/19/2016
Australian banks face off against rate-rigging lawsuits
It essentially determines what banks charge to lend to each other.
09/19/2016
Criminal charges relating to Panama Papers could take years: ATO
The raids followed AUSTRAC identifying suspicious cross-border movement of funds between Australia and other countries
09/16/2016
Pakistan, OECD ink convention on tax matters
The Convention is the most powerful instrument for international tax cooperation.
09/16/2016
Japan regulator sounds warning for banks in report
The dwindling supply of Japanese government bonds due to the Bank of Japan's massive asset purchasing program presents a risk of interest rates fluctuating
09/16/2016
The global battle for the entrepreneur and investor by Leon Kwong Wing, Withers
Singapore has long been a magnet for successful international investors and entrepreneurs, in part because of determined efforts by its government to attract talent, innovation and money from overseas.
09/16/2016
Fighting money laundering by Shashi Nathan, Withers
A tough stance against financial crime is necessary to protect Singapore’s reputation as a clean and trusted financial centre.