PRIVATE CAPITAL: Private Credit Surge
Private credit is rapidly emerging as a viable alternative to traditional banking in Asia, adapting to regulatory challenges and meeting the demand for flexible financing amid increasing pressures on conventional lenders.
- Private credit in Asia doubles…
RANKINGS: ALB Hong Kong Rising Stars 2024
In its second annual list, Asian Legal Business highlights Hong Kong’s next generation of standout lawyers who continue to demonstrate exceptional potential in the industry while earning strong praise from their clients.
RANKINGS: ALB Asia Top 50 Largest Law Firms 2024
In an era of global uncertainty, the legal industry in Asia is experiencing significant shifts, with the size and scale of law firms becoming crucial factors in their ability to serve clients effectively.
RANKING: Fast 30: Asia’s Fastest Growing Firms 2024
As the legal landscape in Asia evolves rapidly, an increasing number of law firms are capitalizing on the region's economic growth by adopting innovative technologies and strategic approaches to meet the demands of a more interconnected global market.
OFFSHORE OUTLOOK: 2025
In the coming year, offshore centres will have to balance privacy and transparency as they adapt to new financial trends, lawyers say.
Singapore Leads With Principles-Based Approach To AI in Financial Services
Singapore's financial sector is at the forefront of embracing Artificial Intelligence (AI), particularly Generative AI (Gen AI), as it seeks to maintain its position as a global fintech hub.
THE BRIEFS: SEA Healthcare M&A Boom Prompts Caution on Regulatory Hurdles
Southeast Asia's healthcare sector is experiencing a surge in mergers and acquisitions (M&A) activity, with private equity investments significantly influencing the industry's development.
BRIEFS: South Korea Aims to Revigorate Banking Sectors by Relaxing Licence Rules
South Korea’s major lenders are staring at a fundamental shake-up to their decades-long dominance of the country’s commercial bank sector, following the introduction of new rules. The South Korean Financial Services Commission (FSC) said in July that regional banks and financial firms will be allowed to apply for nationwide commercial bank licenses. “The government will proactively consider new approvals if accompanied by sufficient financial resources and feasible business plans,” said Kim Joo-hyun, chairman of the FSC, in front of major financial groups in the country.
EXPLAINER: New Singapore Ruling Offers Crypto Certainty
Singapore was pegged by industry experts to become the cryptocurrency capital of the world. In 2021, the crypto market in Singapore grew to $1.48 billion, a ten-fold increase from the previous year, according to KPMG. Singapore lawmakers’ progressive attitude towards digital asset finance invited investors to its shores, setting up a rapidly expanding industry.
ARBITRATION: From Russia, With Work
Russians have been moving their business and dispute resolution to Asia for over a decade, but new sanctions following the invasion of Ukraine has significantly hastened that process. Dispute resolution hubs like Singapore, Hong Kong and Tokyo are increasingly attracting Russian businesses following the implementation of Western sanctions, and that trend is set to continue as the conflict drags on.