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SOURCE: SNL Financial
Firms will work together to publish financial institutions regulatory profiles for countries across Asia-Pacific.
(PRWEB) January 18, 2013
FOR IMMEDIATE RELEASE
SNL Financial and Sullivan & Cromwell Announce Collaboration
Firms will work together to publish financial institutions regulatory profiles for countries across Asia-Pacific
Hong Kong (January 15, 2013) – SNL Financial and Sullivan & Cromwell are pleased to announce a collaboration to publish regulatory profiles for countries across the Asia-Pacific region coinciding with SNL’s launch of it Asia-Pacific financial institutions coverage in 2013.
The regulatory profiles for 15 jurisdictions will include highlights on regulatory organizations, takeover rules, ownership limitations, capital requirements, and other rules and guidelines applicable to the banking and insurance sectors. The profiles are expected to be widely used by investment bankers, financial institution executives and strategy professionals, investment analysts, and others who have an interest in monitoring the regulatory landscape for financial institutions across the region.
“From speaking to clients about our upcoming Asia-Pacific coverage, clients have consistently expressed how frustrating it can be to find regulations for a new jurisdiction and how inconsistent sources can be across countries” said Clement Ma, Director of Asia-Pacific Financial Institutions at SNL. “SNL is excited to provide clients with a comprehensive reference source for regulatory information, and thrilled to be working with Sullivan & Cromwell, which has a tremendous history in Asia and is a recognized leader in the region’s M&A, capital markets, private equity, privatization and project finance markets”.
“Sullivan & Cromwell is delighted to have an opportunity to work with SNL on this timely and innovative project,” said Robert Chu, Partner at Sullivan & Cromwell. “In light of the profound regulatory changes impacting financial institutions worldwide, as well as the particular dynamism in the financial services industry across the Asia-Pacific region, I can’t think of a more worthwhile exercise that takes full advantage of the special expertise of SNL and S&C in the banking and insurance sectors”.
Sullivan & Cromwell will work closely with a number of other leading law firms that will provide jurisdiction-specific expertise for the regulatory profiles.
For more details on SNL’s Asia-Pacific Financials product launch please visit http://www.snl.com/AsiaPacBanks; email SNLinfo@snl.com, or call +852 5808 1882 (HK), +44 20 7398 0873 (UK) or +1 866 296 3743 (US).
About SNL Financial
SNL Financial is a leading provider of financial information on more than 3,300 public companies and 50,000 private companies in the business sectors critical to the global economy: Banking, Financial Services, Insurance, Real Estate, Energy, Media & Communications and Metals & Mining. The SNL information service integrates breaking news, comprehensive data and expert analysis into an electronic database available online and updated around the clock. For more information, visit http://www.snl.com.
About SNL’s Asia-Pacific Financials Coverage
SNL’s coverage of the Asia-Pacific banking, financial services and insurance industry is scheduled to launch in early 2013. SNL simplifies analysis of the sector by consolidating all of the information you need in one place and standardizing it on a real-time, interactive Web-based platform. Since 1987, SNL has been the leading provider of sector-focused information in North America. The same high caliber of intelligence was launched for the European market in 2011. For more information, visit http://www.snl.com/AsiaPacBanks.
About Sullivan & Cromwell
Sullivan & Cromwell is a global law firm that advises on major domestic and cross-border M&A, finance and corporate transactions, significant litigation and corporate investigations, and complex regulatory, tax and estate planning matters. The Firm's hallmarks are the highest quality independent advice and intense dedication to solving client problems. Founded in 1879, S&C has more than 800 lawyers serving clients around the world through a network of 12 offices, located in leading financial centers in Asia, Australia, Europe and the United States. For more information, visit http://www.sullcrom.com.
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