Merkin Advisory ceases operations in Hong Kong 9 October 2019

Merkin Advisory Ltd operated in Hong Kong from 2015 to 9 October 2019 as a Hong Kong company involved in bespoke senior recruitment and investment  banking and was  subject to the Labour Ordinances of Hong Kong and was  fully licensed by The Labour Department of the HK SAR Government....



AGRIBUSINESS PRIVATE EQUITY OPPORTUNITIES 2015

BoxRED Corporate are a specialist Australian and New Zealand Agribusiness private equity manager and boutique corporate services and advisory firm with a proven track record in successful Australian and New Zealand Agribusiness project development, operation, and investments and deep linkages to Asian and Pacific markets ABOUT US We are...



Disconnect between Hong Kong stock performance and politics

The current  stirring of political passions in Hong Kong has yet to truly shake the city’s stock market, even with protesters poised to “occupy” and effectively close down Central – the main financial district. One reason is likely the “mainlandization” of the benchmark Hang Seng Index. Uncertainty over the...



The Launch of RMB Settlement Service in Australia

On 28 July 2014, Australia’s first RMB Settlement Service for payments in China’s currency (RMB), which was jointly developed by Bank of China and the Australian Securities Exchange (ASX), successfully went live, signalling the arrival of the RMB as the first foreign currency to be used for payment settlement...



Cayman Islands Fund Directors Registration and Licensing Law implemented

The Cayman Islands government has approved the Directors Registration and Licensing Law, 2014 (the “Law”), effective 4 June 2014. Under the Law, all directors of covered entities, that is, mutual funds regulated under the Mutual Funds Law (2013 Revision) or directors of companies registered as “excluded persons” under the...



A response to the alleged China money laundering scam using the SIV Scheme

Twice this week China spectator have reported on widespread money laundering from China to Australia through the SIV Scheme. They reported “China’s state broadcaster CCTV launched a blistering attack on one of the country’s most powerful government-owned financial institutions, the Bank of China, accusing it of money laundering and...



New AFSL and Responsible Entity business and appointment of compliance consultant.

Update : Launching October 2015 The Merkin Group announces  our newly formed joint venture AFSL and Responsible Entity which will, with a heavy weighting on wholesale, sophisticated, high net worth, professional and exempt investors : authorise the expansion of BoxRED’s  current  unlicensed activities into regulated and licensed corporate and...



China’s SAFE Issues New Regulations to Ease Requirements on Cross-Border Guarantees and Security

The State Administration of Foreign Exchange of the PRC (“SAFE”) published the long awaited “Regulations on Foreign Exchange Administration of Cross-Border Guarantees and Security” (the “Regulations”) and the related “Operational Guidelines on Foreign Exchange Administration of Cross-Border Guarantees and Security” (the “Guidelines”) on 19 May 2014. As part of...



Proposed FOFA legislation changes uncertain

  We review insurance every year, so why not our financial planner? Following last week’s public hearing, the Senate Economics Legislation Committee is preparing to report on its inquiry into a government bill that would significantly water down the Future of Financial Advice (FOFA) legislation. The legislation banned “conflicted...



KKR eyeing off Treasury Wine Estates

Wine lovers face sour taste as private equity eyes off Grange Penfolds Grange is in the news again, a month after a 1959 bottle of Australia’s most iconic wine figured in the resignation of New South Wales premier Barry O’Farrell. This time it is attracting attention as the ultra-premium...



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