The Reserve Bank of India has widened its probe of Axis Bank, ICICI Bank and HDFC to include wealth management and sale of gold coins of all active banks, a move that may lead to stricter guidelines on these activities if any loopholes are found.
China is seen by some tax experts as an important participant if the U.S. China - the world's second-largest economy - is seen by some tax experts as an important participant if FATCA, is to work effectively.
The honor was made in recognition of the firm’s wide-ranging 2012 representations of Asia-based lead arrangers and administrative agent banks and Asia-focused real estate funds in structuring negotiating, documenting and closings of more than US$1.3
"We have not changed our view that Tibor's mechanism has no particular problem," said Yasuhiro Sato, chairman of the Japanese Bankers Association at a news conference.
The Appleby team was led by Judy Lee, a Corporate Partner in Appleby’s Hong Kong office, assisted by Associate, Chris Cheng and Jo Lit. Pang & Co. (in association with Loeb & Loeb LLP) advised the Company as to Hong Kong law.
"These were retired people, they needed the interest, the income flow off their capital investment - that's the nature of it."
The Kwok brothers and the two other men were accused of conspiring with Hui, the city’s former chief secretary, to commit misconduct in public office, according to the charges.