03/21/2015
China may relax limits on individuals investing overseas
China is studying regulatory changes that would make it easier for individuals to invest overseas, central bank Deputy Governor Yi Gang said at a forum today.
Legal, Regulation & Compliance
03/20/2015
Sri Lanka traces stolen RM3.7b in public funds to Dubai
Former president Mahinda Rajapakse and his immediate family are accused of siphoning large sums of money
03/19/2015
Global law firm appoints first international managing partner
Since 2008-09, the firm’s revenue from international offices has grown 41%. At the same time, non-UK based partner numbers have grown by 195%.
03/19/2015
Appleby Named Finalist for Five ALB China Law Awards
The China Law Awards recognize law firms, in-house departments, banks and accountancy firms for their work on specific deals and being industry leaders.
03/19/2015
Accused in bank fraud case flee without posting bail amount
Five accused in a Rs 217-crore bank fraud case fled from a court here yesterday without depositing the bail amount
03/19/2015
Ex-Rabobank trader sued in S’pore for hiding Libor probe
Former Rabobank Groep trader Tetsuya Motomura has been sued by a Singapore hedge fund that hired him as chief investment officer, claiming he deliberately concealed that he was being probed for rigging benchmark interest rates.
03/18/2015
A former CommBank IT exec has been charged with bribery
On Wednesday officers from the Corporate Corruption Unit arrested a 61-year-old man at a unit in Surry Hills, Sydney.
03/18/2015
NAB, ABS insider traders jailed
This is the first time an ABS officer has been convicted of unauthorised disclosure of statistics.
03/18/2015
Leading offshore law firm advised ICO Group on its Hong Kong Listing
A majority of the proceeds will be used for purchasing new office space and renovating existing offices, as well as for strategic business growth through merger, acquisition or business collaboration.
03/18/2015
Appleby Wins IFLR's Private Equity Deal of the YearAward
IFLR Asia Awards Recognise Firm’s Work on US$3 Billion Take Private Deal
03/17/2015
Appleby Wins IFLR’S Private Equity Deal Of The Year Award
IFLR Asia Awards Recognise Firm’s Work on US$3 Billion Take Private Deal
03/16/2015
NAB's UK headache becomes a migraine
After a recent grilling in the Senate into misconduct in its Australian financial-planning arm, National Australia Bank is assessing the ramifications of a damning parliamentary report into alleged misconduct by its British banks.
03/15/2015
Private banking seeking reform amid growth
As of the end of September, the number of private banking accounts of banks like SPD Bank, China Minsheng Bank, Ping'an Bank, and Bank of Communication had all seen considerable growth.
03/15/2015
'Remuneration requirements for banks – a global comparative analysis' - Norton Rose Fulbright
This guide is the third in a series that Norton Rose Fulbright has produced on structural banking reform
03/15/2015
India court gives Sahara last chance to raise funds against properties
India's top court on Friday gave conglomerate Sahara, whose boss has been in a jail for a year, a final chance to raise funds against its properties in order to bail out its chairman
03/15/2015
Hong Kong company Mei Invest linked to global art scandal, reports claim
A Swiss businessman at the centre of a global art scandal has alleged links to Hong Kong, China, HSBC and Swiss bank accounts, corporate searches and media reports reveal.
03/13/2015
China Construction Bank plans to buy 2-3 Indonesian banks -Indonesia regulator
China Construction Bank Corp plans to buy two to three "small" Indonesian banks, an official at Indonesia's financial regulator said on Friday.
03/13/2015
Ropes & Gray Honored with Three Awards at IFLR Asia Awards
The IFLR Asia Awards occur annually and recognize innovative and top-tier legal work performed by private-practice and in-house attorneys in the region.
03/12/2015
Sri Lanka’s ‘Stolen wealth’ uncovered in Ukraine, UAE and Switzerland
The investigation is said to be ongoing
03/11/2015
Taiwan’s FSC to clamp down on offshore fund houses
The measure has prompted many offshore managers to join an incentive scheme