10/07/2013
Taylor Wessing confirms Jakarta joint venture with local counsel HPRP
Several other international firms have entered into similar arrangements with local Indonesian firms in recent years
Legal, Regulation & Compliance
10/07/2013
Taylor Wessing confirms Jakarta joint venture with local counsel HPRP
Taylor Wessing is planning further expansion across Asia after entering into a formal association with 10-partner Indonesian firm Hanafiah Ponggawa & Partners.
10/06/2013
Asian Basel III benchmark disappoints
ICBC Asia sells first new-style subordinated debt in dollars
10/06/2013
Sebi to appoint regulatory body for mutual fund distributors
Decision to set up a self regulatory body follows complaints against MF distributors for mis-selling products
10/06/2013
RPC raids Ince & Co for Asia insurance head in Singapore
He has a particular focus on contentious insurance and reinsurance work
10/03/2013
Cleary moves out of Hong Kong's Central district as faltering deal flow forces firms to downsize
Cleary, which specialises in high-end M&A and capital markets work, will move from 24,400 sqft office across two floors in the Bank of China building, to a 16,000 sqft space on the 37th floor of mixed-use centre Hysan Place in January next year.
10/03/2013
MAS seeks power to issue prohibition orders in banking sector
They are intended for the most severe circumstances, where misbehaviour leads to the erosion of trust in the individual.
10/02/2013
MAS obtains default judgement of $100k against Ong Beng Hock
The Monetary Authority of Singapore has on Thursday obtained a default judgment for $100,000 against Mr Ong Beng Hock for false trading.
10/02/2013
Mizuho replaces compliance officer after crime loans reprimand
Japan's second-largest lender has also come under fierce public criticism over the loans scandal.
10/01/2013
Creation of new global force in legal sector – one year on
October 1 2013 marks the first-year anniversary of Herbert Smith Freehills following last year's landmark full-equity merger, which was one of the largest ever in the legal sector.
09/30/2013
Gina Rinehart Wants to Give up Trustee Role
Billionaire mining magnate Gina Rinehart wants to relinquish control of a lucrative family trust in a stunning and unexpected capitulation.
09/30/2013
HSF Hires a Partner Each From Bakers and Norton Rose Fulbright in Australia
Herbert Smith Freehills has hired two partners in Australia, with Sydney corporate partner David Ryan joining from Baker & McKenzie and Brisbane financial partner David Lyons joining from Norton Rose Fulbright.
09/29/2013
Mizuho to Punish Yakuza Loan Officials
Mizuho Bank will punish officials swept up in a scandal involving loans to anti-social groups including yakuza crime syndicates
09/29/2013
Indian Law Firms Eye Global Play, Set up Offices Abroad
Indian law firms may be minnows compared to global peers such as the Baker & Mckenzies, Clifford Chance and Linklaters of the world.
09/25/2013
Changing regulatory landscape biggest challenge: KPMG
A CFO's forte lies in identifying core financial risks and effectively converting them from a possible threat to opportunity
09/24/2013
Dorsey & Whitney closes Sydney office to focus on Asia
Dorsey & Whitney has a long-established office in Hong Kong, which currently has 13 lawyers, including six partners.
09/24/2013
Stone Chambers launches in Singapore
This move reflects Singapore's growing reputation as a hub for commercial dispute resolution for the Asia-Pacific region.
09/23/2013
The Bangko Sentral ng Pilipinas Probes Banks in Pork Barrel Scam
The Bangko Sentral ng Pilipinas is investigating several banks for their possible failure to detect irregular transactions that may have abetted the illegal activities of Janet Lim-Napoles
09/22/2013
Bedell Appoint Kristian Wilson in Singapore Office
Bedell has strengthened its Singapore office with the appointment of experienced corporate lawyer Kristian Wilson as an Associate.
09/22/2013
Singapore Announces Tighter Rules for Hiring Skilled Foreigners
Singapore will require many companies operating in the city-state to consider Singaporeans for skilled job vacancies before turning to candidates from abroad, bowing to public pressure over a surge in foreigners over the past decade.