ASIA: South-east Asia poised for sustainable bond lift-off

While 2023 was a slowdown year for the sustainable bond market worldwide, the Asean+3 region (the 10 Association of Southeast Asian Nations plus China, Japan and South Korea) slowed down less than most. Thanks mainly to higher interest rates, global sustainable bond issuance declined from $896.1bn in 2022 to $846.2bn last year, or a 5.9 per cent drop, according to the Asian Development Bank’s Asia Bond Market March 2024 report.

But the Asean+3 region saw only a 1.4 per cent decline in sustainable bond issuance year-on-year in 2023, allowing the region’s share of the world’s market to inch up from 27.4 per cent in 2022 to 28.6 per cent in 2023. Sustainable bond issuance in Asean+3 totalled $242bn in 2023, only slightly below the eurozone’s $288.8bn.

8 November 2024

CAREY OLSEN: Carey Olsen lawyers achieve 31 individual rankings in The Legal 500 Caribbean 2025

Press Release from Carey Olsen, Friday 8 November, 2024. Carey Olsen lawyers have secured 31 individual rankings in the 2025 edition of The Legal 500 Caribbean, including 18 ‘Leading Partner’

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14 August 2024

CITIZENSHIP: Increasing Numbers of Wealthy Individuals Migrating to Take Advantage of Tax Incentives

A record 128,000 individuals with a net worth exceeding €1 million are projected to relocate this year, surpassing last year’s high of 120,000, as reported by UK-based consultancy Henley & Partners.

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16 February 2024

FAMILY OFFICES: Family offices are going on the offensive, trading cash for alternative assets

KKR’s family office survey of 75 chief investment officers around the world found that family offices will have 52% of their portfolios invested in alternative investments this year, up from 42% in

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11 March 2024

AML: Monzo bank in money laundering rules investigation

Digital bank Monzo is being investigated by the Financial Conduct Authority (FCA) over potential breaches of financial crime regulations, the bank has disclosed. The financial watchdog sent letters

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