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.


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.


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


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.


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


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


Ex-HKMA chief may face censure over minibonds

The HKMA will study the two reports carefully.As market conditions and public expectation on investor protection will continue to evolve over time, the HKMA will regularly review and, as and when appropriate, introduce further measures to enhance the regu


King & Wood Mallesons Adds Firepower To Beijing Office

Asia’s powerhouse law firm, King & Wood Mallesons, has announced the recruitment of three senior lawyers to its Beijing office. The hires reinforce the firm’s Energy & Resources capability, a pillar of the strategy that underpinned the


Now Britannia rules the roost

Talk to the bosses of Australia's big corporate law firms and they will tell you it is business as usual since British firms began invading this market. But in truth, everything has changed