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.


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.


Allens in Singapore down to one lawyer after final partner exit

The Australian outfit, which allied with the magic circle firm in May last year and has since moved into their offices on George Street in the city-state, has seen the departure of 11 lawyers and four partners in the region since the beginning of 2012.


Former DBS staffer gets Hong Kong life ban

Hong Kong's securities regulator has banned Ivy Kiu Koon Yee from the financial services industry after six counts of theft and two counts of dealing with property believed to be unlawful.