04/01/2014
International law firm promotes 4 to partnership in Asia
The offshore law firm has promoted 12 of its lawyers to the firm’s partnership globally
Legal, Regulation & Compliance
03/31/2014
Owner of New York's Plaza Hotel and London's Grosvenor House hote asks staff to chip in $1,600 each to pay bail for boss
Indian firm Sahara has asked each of its employee to pay 100,000 rupees to fund the $1.7 billion bail to get the boss out of jail
03/31/2014
China seizes $14.5 billion assets from former leader
Chinese authorities have seized assets worth at least 90 billion yuan from family members and associates of retired domestic security tsar Zhou Yongkang, who is at the centre of China's biggest corruption scandal in more than six decades
03/31/2014
Stephenson Harwood enters Formal Law Alliance with Singapore's Virtus Law
The firm also launched in Beijing around the same time, marking its fourth office in Greater China.
03/31/2014
Court jails Chinese fund manager for insider trading
A court in China has sentenced a former fund manager of Bosera Asset Management Co to a three-year imprisonment for insider trading.
03/31/2014
CBA calls for crackdown on shadow banks in Murray submission
Commonwealth Bank wants the same laws governing banks to be extended to so-called "shadow banks" and to new finance technology companies, suggesting the status quo is exposing traditional banks to additional risks.
03/31/2014
Hong Kong Regulator Probes Departed J.P. Morgan Executive
Hong Kong's antigraft agency visited the offices of a former J.P. Morgan Chase & Co. executive who left the firm amid a continuing probe of the U.S. bank's Asian hiring practices
03/28/2014
Hong Kong passes key sukuk bill
The programme had 14 listed bonds currently outstanding worth
03/28/2014
Philippine central bank leaves policy rate steady,but tightens liquidity
The Philippine central bank left its policy rate steady on Thursday, as expected, after it lowered its inflation outlook but analysts say tightening is on the cards as growth stays resilient and with possible upside risks to prices.
03/28/2014
China securities regulator says to improve rules for QFII scheme
China will further improve management and tax policies for the Qualified Foreign Institutional Investor programme to attract more foreign investment into the country's capital markets, the securities regulator said on Friday.
03/27/2014
Hong Kong passes Islamic bond bill, paves way for $500m Sukuk
Hong Kong lawmakers passed a bill on Wednesday that will allow the AAA-rated government to raise around $500 million via Sukuk, or Islamic bonds.
03/27/2014
UBS Suspends FX Traders in New York, Zurich and Singapore
UBS AG suspended foreign-exchange traders in the U.S., Singapore and Switzerland as its investigation into the alleged rigging of currency markets widened.
03/27/2014
HKMA asks banks to tighten lending to Chinese firms
The Hong Kong Monetary Authority has asked banks to tighten their approval processes on syndicated loans for Chinese companies raising offshore loans in Hong Kong
03/26/2014
What Happens Before and After an IPO in Hong Kong - Maples & Calder
This article first appeared in the Spring 2014 edition of the IFC Economic Report published by IFC Review.
03/26/2014
IFLR Honors Firm at Asia Awards
Latham receives High-Yield Deal and Pro Bono Law Firm of the Year awards from International Financial Law Review.
03/26/2014
Norton Rose Fulbright appoints new debt capital markets partner
I am looking forward to returning to the Middle East to continue to develop Norton Rose Fulbright’s conventional
03/26/2014
Clayton Utz ends Hong Kong association to focus on Australia
Australian firm Clayton Utz and its Hong Kong association firm Haley & Co have broken off their relationship, with the former retrenching to focus on its domestic market.
03/26/2014
UBS Suspends FX Traders in New York, Zurich and Singapore
UBS AG suspended foreign-exchange traders in the U.S., Singapore and Switzerland as its investigation into the alleged rigging of currency markets widened.
03/24/2014
Account problems cloud Hong Kong hub hopes
Controversially, banks including HSBC and Standard Chartered are rejecting companies and trusts registered in the British Virgin Islands and Cayman Islands, say senior executives at Hong Kong corporate services companies
03/24/2014
CBA banks on privacy social contract for future smart services
Commonwealth Bank of Australia technology chief Michael Harte said trusted privacy protection will be the killer app for his business during the next decade.