02/11/2015
Hong Kong Central Bank Warns Against Bitcoin Following Alleged Scam
Members of the public should exercise extra caution when considering an investment in bitcoin because of the digital currency's "highly speculative" nature
Legal, Regulation & Compliance
02/11/2015
Elliott Takes Aim at Bank of East Asia
The $25 Billion Hedge-Fund Firm Goes to Court to Obtain Information on the Hong Kong Lender’s Sumitomo Deal
02/09/2015
Is RBI targeting $500 billion forex hoard?
Forex reserves report a sharp weekly climb of $5.85 billion; RBI needs forex ammo to keep rupee stable when interest rates start rising in the US
02/09/2015
How Can National Fund 1MDB lie to the people?
Party secretary-general Rafizi Ramli said both the central bank and Finance Ministry should act against the strategic development firm.
02/09/2015
SEC Imposes Sanctions Against China-Based Members of Big Four Accounting Networks for Refusing to Produce Documents
The settlement is an important milestone in the SEC’s ability to obtain documents from China
02/09/2015
Kerry Packer, Elle Macpherson linked to secret HSBC Swiss accounts
A cache of leaked files shows prominent Australians, including business people and celebrities, are among thousands identified as having held secret Swiss accounts with one of the world's largest banks
02/09/2015
Malaysian lender CIMB axes Australia unit
CIMB is to shutter its 100-strong Australian arm, as part of a restructuring to cut a third of costs from its Asia Pacific investment banking unit in the wake of its failed three-way merger with Malaysian rivals.
02/09/2015
Bangko Sentral seen tweaking special deposit rates to arrest disinflation
Philippine inflation may fall below the target range in the coming months, prompting the Bangko Sentral ng Pilipinas to use its special deposit accounts to ease disinflationary pressure.
02/09/2015
Sharing tax details: door for dialogue still open, says Swiss Finance Ministry
The declaration that the “door for dialogue” is open is significant as it comes at a time when the Indian Government is stepping up its fight against tax evasion and fraud.
02/08/2015
Our association with India has been excellent: ADB’s Bindu Lohani
Lohani hopes Asian Development Bank to participate in the country’s plans forskill development,smart cities, clean energy and climate change mitigation
02/08/2015
BSP likely to keep rates steady—ING Bank
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, will likely keep the current monetary policy stance during its first meeting for the year
02/06/2015
Bank Negara queries bank auditors on unpaid 1MDB loan
Sources said the feedback given to the central bank was that it is likely to be categorised as a non-performing loan, but there will not be any bottomline impact yet as the loan is secured against 1MDB’s power assets.
02/06/2015
BRICS to pursue Green Global Fund with World Bank cooperation
In a significant move by BRICS, environment ministers of the five member countries are to meet in Moscow in April to discuss taking forward the proposal for creating a Green Global Fund in cooperation with the World Bank to support initiatives that are en
02/06/2015
Subrata Roy bail falls through after forging bank letter
This admission is a major setback for Roy, jailed in India on contempt charges.
02/04/2015
Use Reform of State-Owned Firms to Help Fix Pension System
State-backed companies can afford to make bigger contributions to social security funds, and changes should be made so they do it
02/04/2015
Clifford Chance and Dentons act on Everbright’s $528 mln deal with SHK
Clifford Chance is representing Hong Kong-based Sun Hung Kai & Co (SHKCO) on the $528 million sale of 70 percent of its securities business unit to China’s Everbright Securities
02/04/2015
Global law firm adds Hong Kong Investment Management Partner
We are excited that Michael has joined us
02/04/2015
Private-client specialist law firm in Singapore alliance
Singapore is without question the financial and legal centre of South East Asia and has the highest concentration of millionaire households in the world
02/04/2015
King & Wood Mallesons continues global expansion with Singapore office
King & Wood Mallesons will further strengthen its global capability, and its Asian connections and capability, with its granting of a foreign law practice licence by the Attorney General’s Chambers.
02/04/2015
Milbank Opens Office in Seoul, Korea
Mr. Kim has handled a long list of major cross-border transactions from Korea