09/24/2015
Four brokerages fined in China after Citic probe
The four are Huatai Securities, Haitong Securities, GF Securities and Founder Securities.
Legal, Regulation & Compliance
09/24/2015
BDA advises SunGard on the sale of its Singapore-based Retail Banking business
BDA was the exclusive financial advisor to SunGard on the transaction.
09/22/2015
China central bank to sell short-term debt in London
The debt issuance will be the first sale of such notes outside of China and help develop London as a yuan trading hub.
09/22/2015
Leading offshore law firm Advised Kee Song Bio-Technology on Issuance and Listing of NTD250 million Convertible Bonds
The bonds are convertible into ordinary shares of Kee Song.
09/22/2015
Asia-Pacific Still to Wake Up to IFRS 9, Wolters Kluwer Financial Services white paper finds
APAC financial institutions face implementation hurdles
09/21/2015
Offshore law fiem Expands Litigation Practice with Launch of Asia Disputes & Restructuring Group
Under this new initiative and through our existing multi-lingual team in Hong Kong, clients will be serviced by the most experienced and highest rated partner-led team in Asia, Bermuda, BVI and Cayman.
09/21/2015
Charles Li defends JPMorgan hiring of princelings
Chinese and western bankers say this practice can often help banks win regulatory approvals, as well as coveted big-ticket deals from the government and state-owned enterprises.
09/21/2015
The Philippines-headquartered BDO Unibank Sets up Representative Office at DIFC
The UAE is home to an estimated 700,000 Filipino expatriates and BDO Unibank's objectives include supporting them, while facilitating investments and money flow to the Philippines.
09/20/2015
How China decided to redraw the global financial map
The bank’s successful establishment is likely to bolster Beijing’s confidence that it can play a leading role in supranational financial institutions
09/18/2015
CSRC at centre of corruption shakedown
Mr. Zhang was a key figure in the CSRC’s recent drive to stabilise the A-share market
09/18/2015
1MDB mystery deepens as Abu Dhabi questions another missing US$993m to IPIC
The US-based daily reported Abu Dhabi officials are questioning a further US$993 million that 1MDB said it has paid IPIC, but which WSJ’s sources say are undocumented.
09/17/2015
Successfully investing in Singapore
A view from Withers KhattarWong
09/17/2015
CFTC Orders Australia and New Zealand Banking Group Ltd. to Pay a $150,000 Penalty for Inaccurate Large Trader Reports for Physical Commodity Swap Positions
The CFTC Order requires ANZ to pay a $150,000 civil monetary penalty and to cease and desist from committing further violations of the CEA and CFTC Regulations, as charged.
09/16/2015
Indonesia to overhaul bank rules to guard against collapses
The agency guarantees bank deposits and would take over any lenders in the event of a failure.
09/16/2015
New Australian laws to crack down on global firms avoiding tax
Under this new law, when we catch companies cheating, they will have to pay back double what they owe, plus interest
09/15/2015
Former broker guilty of fraud
We are currently considering the implications of the decision and won't be commenting at this time.
09/15/2015
Malaysia to Allow Swiss to Question Witnesses in 1MDB Probe
Investigation into state investment fund involves corruption allegations against prime minister
09/14/2015
Crestone takes UBS licences
Crestone is the former UBS Wealth Management and is being spun-off from its parent.
09/14/2015
Mayer Brown, Citigroup win big at HK Law Awards 2015
The event also recognised the achievements of Hong Kong’s in-house legal community.
09/13/2015
‘I wasn’t arrested, I was meditating’
Li's case highlights the embryonic role that hedge funds play in China's emerging investment landscape