ARCHIVE December2022

Watchdog urges banks to treat crypto with caution as sector turmoil continues
Banks should take a cautious approach to digital asset markets, including discussing any new plans with regulators, a top US banking authority said, pointing to ongoing turmoil among crypto firms. Crypto industry […]

UK plans to ditch onerous EU retail fund rules ‘as matter of priority’
The UK government has set out how it plans to ditch EU regulation that require asset managers to produce documentation for retail fund investors, which the industry has for years claimed is […]
India court grants bail to journalist jailed under controversial law – JURIST
The Allahabad High Court Friday granted bail to Kerala-based journalist Siddique Kappan in the case concerning the Prevention of Money Laundering Act (PMLA). Kappan has been in custody since September 9 under […]

Small Bang 2.0 is barely a Christmas gift for the City
With its much-trumpeted package of regulatory reforms, the government is offering the City a big, shiny Christmas present. Wrapped in sparkly paper and tied up with a big bow, it looks great. […]

Kirkland & Ellis M&A partner jumps to private equity firm Triton
Kirkland & Ellis London M&A partner Tom McCarthy is joining Triton Partners to bolster the private equity firm’s legal team. McCarthy has been a partner at Kirkland since 2018, having joined the […]

Private equity stays bullish amid macro chaos
The return expectations of investors in private equity funds have climbed to their most optimistic level in a decade, despite challenges from the global economic downturn and turmoil in securities markets, according […]
North Korea releases US soldier who crossed demilitarized zone 2 months ago – JURIST
North Korea expelled US soldier Travis King on Wednesday, 2 months after he crossed into its territory from South Korea. KCNA, North Korea’s state media, announced that North Korea expelled King after […]
South Korea court overturns North Korea leaflet ban – JURIST
The Constitutional Court of South Korea on Tuesday struck down a provision of the Law on the Development of Inter-Korean Relations which prohibits the distribution of leaflets in North Korea and imposes […]
Hong Kong court sentences journalist to 5 days in jail for obstructing police officer – JURIST
The West Kowloon Magistrates’ Court on Monday sentenced the head of the Hong Kong Journalists Association Ronson Chan to five days in jail, according to the Hong Kong Free Press (HKFP). As […]
Philippine Coast Guard removes floating barrier allegedly placed by China – JURIST
A Philippine Coast Guard (PCG) spokesperson announced Monday that the PCG removed a floating barrier allegedly placed by China near the disputed Scarborough Shoal in the South China Sea. This comes days […]
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