01/10/2014
China Securities Watchdog Orders More Shadow-Banking Disclosure
The regulator also said today it would step up supervision of brokerages’ involvement in shadow banking, adding that related risks in the securities industry are manageable.
Legal, Regulation & Compliance
01/10/2014
Clifford Chance forms strategic alliance in Indonesia
Clifford Chance said the associated firm would focus on corporate M&A, banking and finance and capital markets work.
01/10/2014
Singapore has 'robust regime' against money laundering says government report
Singapore issued today its inaugural national risk assessment (NRA) report on money laundering and terrorist financing risks in the country.
01/10/2014
King & Wood Mallesons announce new practice management lineup
King & Wood Mallesons has announced the appointment of Craig Pollack as the new global co-ordinator for dispute resolution/litigation.
01/09/2014
Finance chief sounds a warning on bitcoins
High risks are expected to be involved in exchanging, trading and holding bitcoin as the virtual currency has no support from physical items, issuers or real economy, Chan warned.
01/08/2014
Mitsubishi UFJ Says Japan Police Probing Fake E-Mails to Clients
The bank also began e-mailing customers on Nov. 27 warning them about the scam
01/08/2014
Commerzbank Loses Singapore Bonus Suit With Dresdner Bankers (1)
Commerzbank AG must pay bonuses to 10 bankers in Singapore at its now-defunct Dresdner unit, who claimed the lender breached their contracts by refusing to pay, a judicial official ruled.
01/08/2014
China to require new disclosures by systemically important banks
China bank regulator implements global rules pushed by G20
01/07/2014
Winston & Strawn to launch in Taiwan
IP and ITC litigation will be the leading components of what we do in Taiwan but are not the only part of our plan
01/07/2014
RBS Securities Japan Ltd Sentenced For Manipulation of Yen Libor
Sentencing of RBS is an important reminder of the significant consequences facing banks that deliberately manipulate financial benchmark rates
01/07/2014
50 Percent Of Executives Surveyed Say Companies Have Limited Or No Protocols For Cross Border Investigations - KPMG
This revelation comes at a time when data and employee privacy issues, often triggered by investigations, are dominating the headlines and major corporations are facing increased regulatory scrutiny around anti-bribery and corruption legislation
01/07/2014
Consultation on establishing an effective resolution regime for financial institutions in Hong Kong launched
"The establishment of an effective resolution regime for financial institutions in Hong Kong is required to meet the latest international standards for the regulation and supervision of financial institutions.
01/06/2014
China Banking Regulator Vows to Reduce Financial Risks
Chinese banks--especially smaller ones--could face liquidity risks, as they rely heavily on wealth management products and the interbank market for funds while lending mainly to property developers and local government financing vehicles, officials said l
01/06/2014
Pinsent Masons bulks up Corporate Practice across Asia Pacific
International law firm Pinsent Masons has announced its latest phase of expansion in Asia Pacific with the appointment of a 3-strong partner team in Singapore and a further senior appointment in Shanghai.
01/03/2014
Singapore court awards $23M in Marcos money to PNB
The court, in the report, said it affirmed the High Court ruling that the PNB held the legal title to the funds as depositor of the money as well as original account holder with WestLB, the Germany-based bank that held the money.
01/02/2014
Indonesia - OJK now fully in charge of banking industry oversight
Agus said in his remarks that BI had transferred its banking oversight functions to the OJK at a time when Indonesia’s banking industry is in a healthy condition due to proper regulations.
01/02/2014
Vietnam Issues Licenses to 291 Foreign Institutional Investors in 2013
Vietnam issued trading licenses to 291 foreign institutional investors in 2013, up from 255 issued in 2012
12/31/2013
Mizuho banking group must revamp corporate management, compliance
The Yomiuri ShimbunMizuho Financial Group Inc. will be unable to refurbish its tarnished public image unless it thoroughly reforms its erratic corporate structure and revamps its method of conducting business.
12/31/2013
China bourse investigates brokerages for foreigner investor trades
The Shanghai Stock Exchange has criticized four Chinese securities brokerages for late trades on behalf of foreign investors that caused a sudden tumble in several blue-chip stocks two weeks ago, state media reported on Monday.
12/31/2013
Taiwan Welcomes New Year with Bitcoin Warning
The Financial Supervisory Commission of the Republic of China and the Central Bank of the ROC have issued a joint statement warning against the use of bitcoin in Taiwan.