11/12/2012
Potential APAC legal transformational tie-up revealed
The UK firm is pushing to pursue a combination with the Chinese and Australian firm,
Legal, Regulation & Compliance
11/12/2012
Singapore income tax rate among the world's lowest
In Asia, however, rates remained constant among heavyweights China, Japan and India
11/12/2012
US explores treaty to nail American tax defaulters in India
Enacted in 2010, FATCA aims at checking non-compliance by US taxpayers using foreign accounts
11/11/2012
Indonesia’s PT Bumi Starts Probe After London Investigation
PT Bumi is part-owned by the Bakrie family and is at the center of a feud involving London-listed Bumi Plc, owner of 29 percent of the Indonesian mining company, and Bumi Plc co- founder Nathaniel Rothschild.
11/08/2012
Ex-Barclays Trader Reportedly Caught On Video Terrorizing Construction Workers In Singapore
The meltdown makes a sharp contrasts with his various appearances on financial television discussing currency strategy amid the Euro crisis.
11/08/2012
U.S. Engaging With More Than 50 Countries To Curtail Offshore Tax Evasion
The Treasury Department has already concluded a bilateral agreement with the United Kingdom
11/06/2012
Singapore asks Citi for LIBOR-related documents
Financial regulators in Singapore have asked Citigroup Inc. to turn over documents related to information that the lender has submitted to the British banking authority that sets some global interest rates.
11/06/2012
Merrill Asks Singapore Court to Reject Ex-Client’s Suit
A Merrill unit won $9.4 million from Harjani in the Singapore court in 2010 for failing to pay for shares in a Jakarta-listed company in 2008. Harjani sued two other Merrill units in Indonesia in 2008 and was awarded $26 million in 2010.
11/05/2012
Boston-based law firm adds Tokyo partner
He is the former Tokyo managing partner for the firm now known as Herbert Smith Freehills, a position he held for over a decade until last year.
11/05/2012
Australia's Federal Court issues landmark judgment against S&P, ABN Amro
In a strongly worded judgment, Justice Jayne Jagot said S&P and ABN Amro had deceived 12 local councils that bought the triple-A rated CPDO, or constant proportion debt obligation, notes created by the bank.
11/01/2012
India inks protocol with U.K. to amend tax pact
In its continuing drive to check tax evasion and proliferation of black money, India has signed a protocol with the U.K. for amending the convention between the two countries for avoidance of double taxation and prevention of fiscal evasion with respect
11/01/2012
Statement on Recommendation by Japan’s Securities and Exchange Surveillance Commission - Nomura
Japan's Securities and Exchange Surveillance Commission today issued a recommendation that the Prime Minister and the Commissioner of the Financial Services Agency impose an administrative monetary penalty against Japan Advisory Ltd. on charges of in
11/01/2012
Jones Day Bolsters Singapore with Allens Hires
Jones Day has hired two partners for its Singapore office
11/01/2012
ASEAN as a single asset class proposed
Ranjit Ajit Singh, the new Chairman of the Securities Commission of Malaysia
10/31/2012
Levy To Fund Hong Kong Insurance Authority
He confirmed that “the government has carefully considered the views of insurers, self-regulatory organizations (SROs) and insurance intermediary bodies.
10/31/2012
Nomura gets Tokyo Stock Exchanges' biggest trading fine
Japan's biggest brokerage, Nomura Holdings, has been fined 200m yen ($2.5m; £1.5m) by the Tokyo Stock Exchange for insider trading.
10/30/2012
How Linklaters tamed the Chinese dragon
It’s good news for Linklaters, which has stormed ahead as the leading firm in 2012 for outbound European deals on the side of Chinese acquirers
10/30/2012
Swiss private bank under investigation
It is believed that this is the first time that UBS has disclosed the investigation by MAS.
10/30/2012
SC to reveal business trust framework by year-end
Issuers are looking for ways to monetise their assets
10/30/2012
Herbert Smith Freehills closes in on Seoul launch as UK partner gains licence
Herbert Smith Freehills has moved a step closer to opening its long-planned Seoul office, with London-based partner Tony Dymond receiving Foreign Legal Consultant approval from the country’s Ministry of Justice.