Nearly ten months after it was formed to examine ways to check the menace of black money, a committee under the chairmanship of Central Board of Direct Taxes (CBDT) chief has submitted its report to the finance ministry.
And according to Banny Lam Chiu-kei, macroeconomic research associate director at CCB International, lenders will have to diversify and improve their services to remain profitable as the regulator cuts more charges.
In an interview Sunday, Asia practice head Rocky Lee said the firm was especially pleased to have recruited a team that has worked well together previously.Cadwalader, Wickersham & Taft has recruited a three-partner capital markets team from the Hong
He traded foreign currency on behalf of 73 investors, faces three charges of theft by a person in special relationship, obtaining by deception or causing loss by deception, and false statement by a promoter.
DLA Piper, Eversheds, K&L Gates and Linklaters are among a raft of firms expected to apply to practise local law in Singapore after the country’s Ministry of Law announced that a second round of licences will be awarded next year.
Mr. Angel was tapped to lead DLA's business in Asia-Pacific, Europe, Middle East and Africa as global co-chairman and senior partner.
Chaoda Chairman Kwok Ho and Chief Financial Officer Andy Chan, who were also specified in the civil inquiry, didn’t break insider trading laws when they divulged the Chinese vegetable producer’s plans to issue shares on investor calls, accordi
Super funds will be forced to reveal the remuneration packages of their directors, top executives and fund managers and more details of their investment holdings in a historic shift towards standards similar to those that apply to listed companies.
Davies told partners his failure, despite being the only candidate standing, had ‘stopped him in his tracks’ and prompted him to think about how he was managing the firm.
Kwan was a speaker at an Alternative Investment Management Associate (Aima) seminar on Fatca in Hong Kong, and said that, though it was well-attended by firms keen to comply with the legislation, there were many funds not present that were harder to reac
The Federal Prosecutor’s Office and the Federal Justice Office have confirmed that Switzerland last year gave legal assistance to Hong Kong in a money-laundering case against Musa Aman, Chief Minister of the Malaysian State of Sabah on Borneo.