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
Legal, Regulation & Compliance
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
02/04/2015
City Harvest's ex-fund manager downplays involvement in property buy
Chew told the court on Tuesday 3 February that he was “just offering his services” in the role of a “fund manager"
02/03/2015
China shadow bank regulation shows results
Beijing has declared a partial victory over shadow banking, which has loomed large over China’s $30tn banking system in recent years, enabling it to pursue looser monetary policy without exacerbating risks.
02/03/2015
Hong Kong regulator may buy own property to save on rent
“In a digital era, the SFC can now communicate with brokers or fund managers by the internet.
02/03/2015
Central banks of Singapore, Myanmar to strengthen bilateral cooperation
The central banks of Singapore and Myanmar are entering into a Memorandum of Understanding (MOU) to strengthen bilateral cooperation
02/03/2015
Chinese monetary policy likely to take wait-and-see mode
China is likely to hold off major monetary policy decisions before more complete economic data indicates growth momentum
02/02/2015
Receiver chasing 'over $25m'
The receiver of Ross Asset Management is "reluctant" to put a number on the millions of dollars it is seeking to claw back from former investors.
02/02/2015
City Harvest's founder Kong Hee accused by church's ex-fund manager of lying to court
City Harvest Church's former fund manager on Monday accused founding pastor Kong Hee of lying to the court over the level of control he had over the Crossover Project, which involved using his wife's secular music as an evangelising tool.
02/02/2015
Singapore Charges Ex-Forex Traders for Unlawful Gains
In unrelated cases, charges have been filed against Ivan Chng and Toh Hway Khuan, two ex-foreign exchange traders for alleged unlawful gains. The traders allegedly transacted around $1.1 billion US dollars in false trades using preferential rates.
02/02/2015
Fund Managers to Include Foreign Assets in Indonesia
Indonesian investment fund managers may be allowed to include foreign assets in their mutual funds (conventional and Islamic-based mutual funds), offered to investors, soon