10/12/2015
YES Bank gets RBI nod for MF, AMC, trustee firm
Asset management companies and trustee companies will be wholly-owned subsidiaries of YES Bank
Legal, Regulation & Compliance
10/12/2015
Carey Olsen opens Singapore Office
Establishing an office in Singapore is a logical step for the firm.
10/12/2015
Chinese investor stabs asset management CEO after default
He was rushed to hospital where he remained in a coma.
10/09/2015
Shariah-compliant listed companies increase in Q3
THE NUMBER of companies that complied with the principles of Islamic law increased in the third quarter, according to the results of a review published by the Philippine Stock Exchange.
10/09/2015
Appleby advises on both sides of HK's Capital Market
Appleby acted as Cayman counsel for REF Holdings, a provider of financial printing services for the financial sector in Hong Kong, in relation to its GEM listing on 25 September 2015, with net proceeds of approximately HK$30.5 million.
10/08/2015
International tax report - Withers
In this quarterly report, we feature articles on important international tax developments around the world, written by our international tax lawyers based in the US, Asia and Europe.
10/08/2015
China to extend new lifeline to Argentina
With Argentina’s official reserves falling fast, China looks set to come to the rescue with a $2bn loan
10/07/2015
ASIC counts scalps from Wealth Management Project
The Australian Securities and Investments Commission has sought to emphasise the successful outcomes generated by the so-called "Wealth Management Project" it kicked off late last year, focusing on Australia's largest wealth management fir
10/07/2015
Banks, not clients, gain from RBI rate cuts
A study by India Ratings, a subsidiary of global rating major Fitch, says the banks passed on less than half the volume of RBI's rate cuts to their borrowers.
10/07/2015
Singapore tax treaties: The end of limitation of relief? - Withers
What is limitation of relief?
10/07/2015
ASIC bans seventh adviser in WMP crackdown
The Australian Securities and Investments Commission has banned former Commonwealth Financial Planning Limited adviser, Stuart Murray Jamieson, from providing financial services for five years.
10/07/2015
Legal troubles, market realities threaten Uber’s global push
The Uber Pop service, known as Uber X in the US, which enables people to offer rides in private cars, is now banned in most of Western Europe.
10/06/2015
Australian Startups Close Down as Banks End Support for Bitcoin
Australia’s largest banks have ended all financial support and abruptly closed down the bank accounts of at least 17 Australian Bitcoin companies
10/06/2015
1MDB’s Caymans fund never redeemed, says DAP
DAP national publicity chief Tony Pua said 1MDB's March 2015 financial statement would have shown that the US$2.318 billion RM10 billion investment parked in the Cayman Islands in 2012 was fraudulent and never “redeemed”.
10/05/2015
On the black money trail: Action time now, warns Centre
With easy compliance window over for new law, FinMin looks at info, leads to nab black money holders
10/05/2015
27 S. Koreans Uncovered Posing as Foreign Investors
The Financial Supervisory Service said it is investigating 19 of the individuals after securing their whereabouts
10/05/2015
Coutts Global Markets Weekly: Where we stand on China and global growth
An old investment adage says that when the US sneezes, the world catches a cold.
10/05/2015
Japan Supreme Court provides guidance to how foreign funds investing into Japan are treated
In the absence of written guidance in the tax rules, Japanese tax practitioners have historically characterized foreign limited partnerships as transparent entities for income tax purposes.
10/02/2015
The Offshore Dragon: The Increasing Popularity of IFCs in the PRC
Using companies incorporated in international financial centres (IFCs) in structuring financial transactions, capital raisings and corporate structures has long been popular in Asia, particularly Hong Kong (itself an IFC).
10/01/2015
Sebi chief UK Sinha Tells mutual funds to manage debt schemes better
The regulator has been seeking details from mutual funds on the status of lowly-rated debt securities