09/03/2013
Appleby advised Nan Fung on its acquisition of Forterra Trust
Nan Fung’s acquisition signals its interest to expand its presence in the commercial property sector in China.
Legal, Regulation & Compliance
09/03/2013
Compliance to regulations most impact Asia’s wealth management industry
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09/02/2013
Linklaters Hires Former A&O Partner to lead Asian Restructuring Practice
The magic circle firm, which is best known in Asia for its corporate, capital markets and projects work, has hired Kidd to join its Hong Kong base just weeks after recruiting Herbert Smith Freehills' former Asia disputes head, Gavin Lewis.
09/02/2013
China Arrests Ex-Fund Manager on Suspected Insider Trading
The country's securities regulator said on Aug. 2 it had started an investigation into Mr. Ma's suspected insider trading activities.
09/01/2013
Clydes plans Asia domination with Jakarta joint venture
LGS managing partner M. Idwan ‘Kiki’ Ganie said: “To implement our vision to offer Indonesia’s largest network of branches and associated offices to our clients, LGS intends to roll out offices throughout Indonesia.
09/01/2013
S'pore financial sector to require stricter Technology Risk Management
Technology Risk Management in Singapore to get legally tougher.
08/29/2013
Libor Rate-Probe Spotlight Shines on Higher-Ups at Citigroup, Other Banks
My actions were entirely consistent with those of others at senior levels" in Citigroup Japan
08/29/2013
Investors Ask Court to Rule Long Sentence for Ross
The report found that he came clean that summary charges were also correct
08/29/2013
ED investigates bullion king
Bullion king Prithviraj Kothari is apparently working as a facilitator for Financial Technologies group which is promoted by National Spot Exchange Ltd.
08/28/2013
Ex-K&L Gates Hong Kong partner sentenced to 12 years for fraud
The court heard that between 2007 and 2011, Aggarwal arranged for HK$8.4bn to be transferred from two clients Hui Kau-mo and Mark Lightbrown, and 92 potential investors, into the firm's client ledger account of RIM China.
08/27/2013
World's top banks on track to meet tougher capital rules
The rules, known as Basel III, are the main global response to undercapitalized banks
08/27/2013
Bakers unveils record results for 2012/13 with revenue topping $2.4bn
The chairman of Bakers’ executive committee Eduardo Leite said revenue growth had been steady across all of the firm’s regions, while the positive financial results reflected both organic growth and expansion into new offices in Casablanca, Li
08/27/2013
Maybank Kim Eng to work with Vietnam’s market regulator
He signed a three-year cooperation and technical support framework agreement with SCC
08/22/2013
Government orders probe on 125 companies for defrauding investors
The ministry has ordered investigation into the affairs of 125 such firms
08/22/2013
RBI Imposes Fine on Six Banks
The Reserve of India imposed penalties in the range of 5 million rupees to 20 million rupees on six Indian banks for violation of client identification rules.
08/22/2013
Bank Indonesia updates regulation on single presence policy
On December 26 2012 Bank Indonesia issued the Regulation on Single Ownership in Indonesian Banks
08/20/2013
JPMorgan hires New York law firm to help in hiring probe
The SEC is questioning JPMorgan, the largest US bank, over its relationships with at least two families in China that may have legitimate explanations, sources told Reuters.
08/20/2013
Top private client lawyers set for first Hong Kong Private Client Forum
Asia's leading private client lawyers are set to gather at The Mira Hong Kong Hotel next month to debate the challenges facing Greater China's high net worth community at Legal Week's inaugural Hong Kong Private Client Forum.
08/19/2013
Malaysia finalises AIFMD agreement
While Asian asset managers may be put off targeting European investors, due to AIFMD restrictions on non-EU-domiciled funds, the move should help facilitate such distribution for those that wish to sell products into Europe.
08/18/2013
Orrick expands corporate practice in Tokyo
Johnson is the second partner to join Orrick’s Tokyo office this year