03/14/2014
Japan banks to sidestep Volcker private equity restrictions
US regulators give green light to grey area structure
Legal, Regulation & Compliance
03/14/2014
Hong Kong banks' battle for deposits starts earlier
A regulatory directive that banks in Hong Kong fund the loans they make with deposits of longer tenor has spurred the lenders to begin their annual battle for deposits earlier this year.
03/14/2014
Singapore to regulate virtual currency intermediaries
Those who buy, sell or facilitate the exchange of virtual currencies such as Bitcoins for real currencies in Singapore will have to verify the identities of their customers and report suspicious transactions when new rules take effect.
03/14/2014
Hong Kong rate probe finds no rigging
Hong Kong's de facto central bank has notified banks in the city that a more-than-yearlong investigation found no successful manipulation of the local benchmark interest rate
03/14/2014
UBS Traders Found to Have Tried Rigging Hong Kong Rate
UBS AG traders tried to rig Hong Kong’s benchmark interest rate between 2006 and 2009, the city’s central bank said following a more than yearlong probe.
03/13/2014
Banks and capital requirements: channels of adjustment
Bank capital ratios have increased steadily since the financial crisis.
03/13/2014
Hong Kong.: EU regulator defends extraterritorial laws
The chairman of the European Securities and Markets Authority, Steven Maijoor, outlines to AsianInvestor his views on the effect of rules such as AIFMD on non-EU jurisdictions.
03/13/2014
Singapore to Regulate Bitcoin Operators to Curb Money Laundering
Singapore plans to regulate virtual-currency intermediaries including operators of Bitcoin exchanges and vending machines to address potential money-laundering and terrorist-financing risks.
03/13/2014
China to experiment with private banks
China will launch a trial programme for private firms to set up banks.
03/13/2014
Here is all you want to know about Sahara Chief Subrata Roy and his scam
There is no relief for Sahara chief Subrata Roy as the Supreme Court has stayed hi plea. Subrata Roy will be in judicial custody till March 26.
03/12/2014
SC to step up capabilities for Islamic fund, wealth management
The Securities Commission will further strengthen industry capabilities and cross-border linkages in the area of Islamic fund and wealth management
03/12/2014
China to launch private bank pilot programme
The pilot, which was approved by China's government in January, is the first tentative step by the country to open its hitherto closely guarded banking sector to private investors.
03/12/2014
ADB punishes individuals, firms in $1 billion fraud probe
The Asian Development Bank has imposed sanctions on 30 people and 31 firms for "integrity violations", following a 2013 fraud investigation into $1 billion worth of projects it funded,
03/12/2014
GIC will maintain price discipline in its investing decisions
The five principles are: pursue intrinsic value and maintain price discipline; practise long-term investing; pick our spot: be focused and leverage our strengths; pay attention to risk control and prepare for the future.
03/12/2014
SEBI: Appoint directors to fulfil anti-money laundering obligations
Asks intermediaries to furnish details to Office of the Director, FIU-India
03/12/2014
Hong Kong Probe Finds No Manipulation of Benchmark Rate
Hong Kong’s de facto central bank has notified banks in the city that a more than year-long investigation found no successful manipulation of the local benchmark interest rate
03/11/2014
International law firm strengthens Finance practice with hire of Asia-based specialist
He will join the Finance practice and work in BLP’s Hong Kong office, one of three offices the firm now has in Asia.
03/10/2014
Harneys becomes latest offshore firm to launch in Singapore
The Singapore base will be led by the firm’s global banking head Colin Riegels, alongside funds partner Lisa Pearce.
03/10/2014
US firms muscle in on Hong Kong
Hong Kong IPO activity is hotting up again, but UK legal stalwarts are looking over their shoulders as US rivals make up ground fast
03/10/2014
Top-tier Portuguese firm opens doors in East Timor
One of Portugal’s biggest law firms is to launch an office in the Asia-Pacific island of East Timor at the end of this month.