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Legal, Regulation & Compliance

09/20/2021

SEC advises listed companies to exercise care and caution before investing in digital assets

In case of making such investment, listed companies are advised to do so through licensed digital asset business operators to ensure legal protection.

09/17/2021

Boosting Equity Financing for High-Growth Enterprises

Minister for Trade and Industry Gan Kim Yong will announce the following initiatives

09/17/2021

ASIC permanently bans former Sydney financial adviser

Mr Hopkins was a financial adviser and sole director of QWL Pty Ltd (QWL) in Sydney.

09/17/2021

Australia's Iress rejects third buyout offer from EQT

Iress, a software provider to banks, insurers, traders and brokers, has seen its share price soar nearly 30% so far this year.

09/17/2021

China's market regulator proposes amendments to e-commerce law

If a vendor submits a false declaration of IP rights violation which results in increasing the rights holder’s losses, the compensation will be doubled.

09/16/2021

ASIC brings criminal charges against CBA for mis-selling consumer credit insurance

The matter is being prosecuted by the CDPP after an investigation and referral by ASIC.

09/16/2021

Halifax auditor’s registration cancelled

The CADB found that Mr Evett was not a fit and proper person to remain registered as an auditor

09/16/2021

Joint Announcement of the People’s Bank of China and the Hong Kong Monetary Authority

Southbound Bond Connect will be launched on 24 September 2021

09/16/2021

Apex Group partners with VCP Advisors to create Apex VCP

The joint venture further supports the Group’s expansion strategy for global fund marketing and distribution services.

09/15/2021

Licensing and professional registration activities: 2021 update

‘This is to ensure that the quality of participants and their businesses providing financial services or auditing services have satisfied the statutory requirements,’

09/15/2021

Former Perth finance broker sentenced on loan fraud

Mr Pryor obtained a $28,000 pecuniary advantage for himself and others by fraudulently brokering two of the loans for an amount well above the purchase price of the financed vehicle.

09/15/2021

Former mortgage broker charged with making a false statement to ASIC

The matter has been listed for a reply to service of the brief before the Downing Centre Local Court on 2 November 2021.

09/15/2021

National Australia Bank tightens up AML regime

The bank is also aiming to avoid repeating the same mistake with new customers, he added.

09/15/2021

Joint Statement By Monetary Authority of Singapore And Securities and Exchange Commission of Thailand

MAS and SEC Thailand welcome the launch of the Thailand-Singapore DR Linkage

09/14/2021

Singapore’s PayNow and India’s UPI to Link in 2022

The PayNow-UPI linkage will enable users to make instant, low cost fund transfers directly from one bank account to another between Singapore and India.

09/14/2021

SEC fines Chinese billionaire's companies $539m over illegal offerings

Companies to Pay More Than $539 Million in Settlement for Distribution to Investors

09/13/2021

The fund managers now bailing out of China

Investors are spooked, but could this be time to buy, asks David Brenchley

09/13/2021

Carey Olsen has been named a finalist for Best Offshore Law Firm at the HFM Asia Services Awards 2021.

The offshore category is one of 31 awards to be decided upon by HFM's independent judging panel of CEOs, CFOs, COOs, and General Counsel from leading hedge funds.

09/13/2021

Hong Kong | Management and disclosure of climate-related risks by fund managers

Who is impacted?

09/10/2021

China Development Bank vice-president detained in corruption probe

He Xingxiang is the third senior CDB executive to face a corruption probe during President Xi Jinping’s anti-corruption drive

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