06/26/2012
According to the report, the evolving regulatory framework for asset managers in a number of Asian countries, particularly with regard to consumer protection and fair dealing, is as tough as in Europe and the US.
06/25/2012
Japan’s Securities and Exchange Surveillance Commission and Yokohama city prosecutors are investigating former SMBC Nikko executive Hiroyoshi Yoshioka, 50, and the other individuals, the financial watchdog said in a statement.
06/25/2012
Bank Indonesia deputy governor Halim Alamsyah said in the Bank Indonesia Regulation on Banking Ownership Structures, BI differentiated three categories — ownership of up to 40 percent, up to 30 percent and up to 20 percent.
06/25/2012
He relocated to Shanghai in 2003 when the firm opened in the city to focus on China-related project finance, project development and M&A.
06/25/2012
The Indian tax authorities are on a drive to unearth black money of Indians stashed in bank accounts abroad.
06/24/2012
Kickback scandal proving to be highly embarrassing for Switzerland’s leading bank
This raises the matter to a federal level, indicating the potential seriousness of the case.
06/24/2012
After the financial crisis of 2008, many financial institutions had to be bailed out by their respective governments. This necessitated stricter regulations, including higher capital requirements for banks to weather future shocks relatively better.
06/24/2012
He didn't provide examples of excessive fees or specify any banks. But banks in general have come under criticism for charging high fees for a range of services, particularly as they record unusually strong profits.
06/20/2012
Mr X, as the person has been referred to by tribunal, denied he owned an account with the UK-based UBS Wealth Management, called Customer A account, used by some UBS officials to make large-scale unauthorised transactions.
06/19/2012
The Norton Rose Hong Kong team can provide insights into the Competition Ordinance including why the ordinance has had a controversial ride, the penalties for contravention, exemptions, and the impact this Bill will have on companies in Hong Kong.
06/18/2012
In assessing the three-year-old complaint, the BSP’s Office of Special Investigation (OSI) said local investment rules and regulations were not violated as businessman Washington Lou transacted business not with ING Bank Manila but with subsidiary b
06/15/2012
Joining King & Wood Mallesons as of counsel is Dina Yin, most recently a Beijing-based associate with Linklaters.
06/15/2012
Allens names 6 new partners
Allens chairman Ewen Crouch said in making the promotions, the firm had identified the areas they could best meet their clients’ needs.
06/15/2012
"We are well established in the Channel Islands and have been named the fastest growing offshore law firm - but as we are new to Singapore it has been mutually beneficial to facilitate debate and discussion around regional issues with industry leader
06/14/2012
Japan’s ruling party will consider limiting the period for public stock offerings to four days to curtail share declines and discourage insider trading, said lawmaker and former Morgan Stanley banker Tsutomu Okubo.
06/13/2012
Yam, who retired as head of Hong Kong's de facto central bank three years ago, was speaking in his private capacity as a professor at the Chinese University of Hong Kong.
06/13/2012
China’s government-controlled banks, which were transformed from almost-insolvent institutions with spiraling defaults into profitable firms with the help of more than $650 billion in bailouts, had promised to improve internal controls to root out f
06/12/2012
Following the exit of the four partners, A&O will have 21 partners in Hong Kong.
06/12/2012
Leading International Financial Centre law firm Expands With New Partners
Eleven attorneys promoted to partner across international network
06/12/2012
UBS has declined to comment on the accusations. UBS spokesman Yves Kaufmann said the bank complied with the legal requirements in the markets where it operated.