China will further improve management and tax policies for the Qualified Foreign Institutional Investor programme to attract more foreign investment into the country's capital markets, the securities regulator said on Friday.
Controversially, banks including HSBC and Standard Chartered are rejecting companies and trusts registered in the British Virgin Islands and Cayman Islands, say senior executives at Hong Kong corporate services companies
With talks underway for an Indo- US agreement to combat possible tax evasion by Americans through Indian entities, Sebi plans to issue new guidelines for market intermediaries in this regard next fiscal.
In a recent judgment the Eastern Caribbean Supreme Court, Court of Appeal, reversed the decision of Bannister J in Gao Chunhe v Najing Ocean (BVI) Co. Limited in the Commercial Division, and stayed BVI unfair prejudice / just and equitable winding up proc
Allen & Overy is advising Societe Generale on the disposal of its private banking business in Singapore and Hong Kong to Singapore’s DBS Bank, which turned to Allen & Gledhill and Clifford Chance for advice.
The firm has worked with a number of Indonesian firms, both large and small, including established Jakarta firm Ali Budiardjo Nugroho Reksodiputro (ABNR).
ASIC Commissioner Cathie Armour said the results were testament to the significant energy dedicated by ASIC, and in particular its Market and Participant Supervision team, to the supervision and surveillance of Australia’s financial markets.