06/26/2012

Japan eyes tighter insider trading laws amid probe

Matsushita, head of Japan's Financial Services Agency, made the comments a day after prosecutors arrested former SMBC Nikko Securities executive Hiroyoshi Yoshioka and three others on insider trading allegations.

06/25/2012

Ex-SMBC Banker Arrested Amid Insider Trading Probe

Japan’s Securities and Exchange Surveillance Commission and Yokohama city prosecutors are investigating former SMBC Nikko executive Hiroyoshi Yoshioka, 50, and the other individuals, the financial watchdog said in a statement.

06/24/2012

Private banks geared for Basel III

After the financial crisis of 2008, many financial institutions had to be bailed out by their respective governments. This necessitated stricter regulations, including higher capital requirements for banks to weather future shocks relatively better.

06/20/2012

FSA refuses to reveal the identity of Mr X

Mr X, as the person has been referred to by tribunal, denied he owned an account with the UK-based UBS Wealth Management, called Customer A account, used by some UBS officials to make large-scale unauthorised transactions.

06/19/2012

Hong Kong adopts Competition Ordinance

The Norton Rose Hong Kong team can provide insights into the Competition Ordinance including why the ordinance has had a controversial ride, the penalties for contravention, exemptions, and the impact this Bill will have on companies in Hong Kong.

06/18/2012

BSP clears ING Bank Manila of ’08 $5-M securities debacle

In assessing the three-year-old complaint, the BSP’s Office of Special Investigation (OSI) said local investment rules and regulations were not violated as businessman Washington Lou transacted business not with ING Bank Manila but with subsidiary b

06/15/2012

Allens names 6 new partners

Allens chairman Ewen Crouch said in making the promotions, the firm had identified the areas they could best meet their clients’ needs.

06/15/2012

CI law firm facilitates estate planning debate in Singapore

"We are well established in the Channel Islands and have been named the fastest growing offshore law firm - but as we are new to Singapore it has been mutually beneficial to facilitate debate and discussion around regional issues with industry leader

06/13/2012

Postal Savings Bank’s President Under Investigation in China

China’s government-controlled banks, which were transformed from almost-insolvent institutions with spiraling defaults into profitable firms with the help of more than $650 billion in bailouts, had promised to improve internal controls to root out f