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Legal, Regulation & Compliance

06/30/2021

Appleby's Hong Kong office acts as Bermuda counsel to Zhuhai Holdings Investment Group Limited

The Scheme provides that each Scheme Shareholder is entitled to receive the cancellation price

06/30/2021

UK, Singapore Commit to Deepening Regulatory Cooperation

The two countries also announced an MoU to enhance bilateral cyber security cooperation

06/29/2021

Allens advises on one of the largest private equity and capital markets transactions of 2021

The Westpac Auto Business is one of Australia's largest auto finance businesses, writing approximately $4 billion in loans annually.

06/29/2021

ISSB Climate Reporting Standard Could be Ready by July 2022

The IOSCO timeline also envisages amendments to the IFRS Foundation’s constitution in time for establishment of the ISSB by November, as well as progress being made toward a multi-stakeholder consultative committee.

06/29/2021

FSB Launches Review of Corporate Debt Workouts

The review will also seek to identify good practices and examples of how well OCW frameworks have worked in terms of preserving value for viable companies

06/29/2021

SWIFT’s Enhanced Platform Endorsed by Six Global Banks

“By bringing together data and common services, we aim to significantly improve end-to-end efficiency and reduce total costs, while bringing new business value to end customers,”

06/29/2021

MAS Partners IMF, World Bank and others to launch Global Challenge for Retail CBDC Solutions

Finalists will pitch their solutions to a global audience on Demo Day to be held at this year’s Singapore FinTech Festival

06/29/2021

Full Federal Court upholds first ASIC product intervention order

This was the first order made by ASIC under these important new powers.

06/29/2021

ASIC and APRA release notes on inaugural Superannuation CEO Roundtable

The Roundtable was hosted by ASIC Commissioner Danielle Press and APRA Deputy Chair Helen Rowell.

06/29/2021

cdisqualifies SMSF auditor for breaching independence and auditing standards

SMSF auditors are fundamental to the SMSF sector and must meet minimum standards of behaviour to ensure they act and are seen to act with integrity and objectivity.

06/29/2021

China setting pace in central bank digital currency -Japan ex-regulator Endo

The People's Bank of China is leading after launching trials

06/28/2021

Pune: Wealth management firm CEO arrested in cheating case

The team also arrested a 30-year-old woman office bearer of the company.

06/28/2021

Consultants named among Australia's top analytics leaders

This is the most diverse set of entrants we have ever seen in the top 25.

06/25/2021

The Rules are closely aligned with international standards as set out in the Financial Stability Board's Principles for Cross-border Effectiveness of Resolution Actions.

The Rules are closely aligned with international standards as set out in the Financial Stability Board's Principles for Cross-border Effectiveness of Resolution Actions.

06/25/2021

China's New Law to Counteract Foreign Long-Arm Jurisdictions

The new Law creates a framework which can be expected to present difficult choices for multinational companies, individuals and other regarding compliance with sanctions imposed on Chinese entities and individuals.

06/25/2021

Ashurst represents German winemaker Pieroth on the disposal of its Japanese business

Pieroth Japan was established in 1969 and it was the first foreign wine import company in Japan.

06/25/2021

Malaysia's Serba Dinamik says KPMG quits as auditor after being sued

In May, Serba said KPMG had raised concerns about not being able to verify contracts and transactions worth 3.5 billion ringgit (US$840.74 million) with 11 customers.

06/25/2021

SGX RegCo Set to Expand Enforcement Powers

Under the changes, SGX RegCo gain new powers allowing it to issue a public reprimand and require an issuer to comply with specified conditions.

06/25/2021

ASIC bans Hobart adviser for four years

Ms Jennings’ banning took effect on 01 April 2021.

06/25/2021

MAS Extends Training Support Measures to Foster Skills Development in New Growth Areas

These extended measures will be progressively reduced and cease on 1 July 2022.

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