07/02/2015
Offshore law firm Acts For CIC Gold On London Stock Exchange IPO
Seychelles registered company floats on London’s main market
Legal, Regulation & Compliance
07/02/2015
ENSafrica recognised for India-related work
ENSafrica has been named as a top international law firm for India-related work by the India Business Law Journal.
07/02/2015
Government securities 'investment' may hit returns prospects for Ulip holders: Industry
Investors in unit-linked insurance plans may get lower returns and fewer choices if the insurance regulator's proposal on mandatory 25% investment in government bonds becomes a rule
07/01/2015
Singapore to ease banks' local and offshore regulations
Banks in Singapore need to divide their local and offshore operations into domestic banking units and Asian Currency Units.
07/01/2015
China IPO Funds Threatened as Regulators Mull Share Sale Ban
The IPO funds flag tensions in China’s financial system, where capped deposit rates are pushing savers into ever riskier products.
07/01/2015
India Needs Improved Regulations for Private Equity: McKinsey
Private equity investors in India have seen their returns erode sharply since the global financial crisis and need regulatory changes
06/30/2015
Banks free to test certain digital innovations without approval: MAS
FINANCIAL institutions are free to test out certain digital innovations without the approval of the regulator, but are responsible for some inevitable risks behind such services.
06/30/2015
Appleby Advised ChongBang on its US$920m Capital Raise
The capital raised will be used to more than double Chongbang’s portfolio of lifestyle-based retail developments over the next few years.
06/29/2015
Independent auditors for banks' outsourcing vendors
This overturns the current set-up, where financial institutions have their auditors show up to go through the controls of their third-party vendors.
06/29/2015
China markets slump despite central bank rate cut
People’s Bank of China cuts rates to stem sell-off amid growing fears for health of Chinese economy
06/29/2015
HDFC Bank breaches RBI limits on loans to Reliance Industries
The RBI allows banks to enhance this exposure by further 5 per cent of capital funds in exceptional circumstances
06/29/2015
Three other MARA Aussie property buys suspect, Rafizi claims in latest expose
“One of the more important information is the structure of the holding companies or how the whole purchase was structured by MARA Inc.
06/28/2015
Vietnam to Scrap 49% Limit on Foreign Ownership
Vietnam will remove the 49% cap on foreign ownership at some listed companies
06/28/2015
Amend the offshore Banking Act Enforcement Rules and issue the regulations governing Offshore Insurance Branches
The Financial Supervisory Commission and the Central Bank of the Republic of China issued the amended Offshore Banking Act Enforcement Rules and the new Regulations Governing Offshore Insurance Branches
06/28/2015
China eyes more private banks, to permit foreign participation
China’s banking regulator said on Friday that it will allow the establishment of more private banks and allow foreign investors to participate in the reform process to help shore up the state-dominated financial sector
06/28/2015
Law Firm Announces the Filing of a Class Action against China Finance Online
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws
06/28/2015
Seoul court lifts injunction in Hana-KEB merger
The merger of Hana Financial Group and Korea Exchange Bank that has been on hold since an injunction filed by KEB’s labor union in February is expected to get back on track
06/28/2015
China establishes Courts specialising in intellectual property law
Between November and December 2014, Beijing, Shanghai and Guangzhou courts specialising in intellectual property law initiated their activities.
06/26/2015
NZ central bank to explore macroprudential policies, bank stress testing
New Zealand's central bank will keep investigating the use of macroprudential tools to control the housing market and develop a framework to test how sound the country's banks are, as key priorities over the next three years.
06/26/2015
Super governance welcomed but ISA questions ‘one size for all’ push
A raft of superannuation providers and representative bodies have welcomes the proposed changes to superannuation board governance claiming it would boost consumer confidence around superannuation