Managers of Wealth Asia Pacific

ASIC and APRA provide update on review of life insurance premium practices

This latest review of industry progress identified improvements in re-rating practices, marketing and disclosure materials, as well as product governance.

Home insurance claims handling improvements need to go further, ASIC says

Our latest review has found that while insurers implemented programs to improve claims handling functions in recent years, and some progress has been made, there is still significant room for further improvement.

ADB Approves $800 Million Program to Boost Pakistan’s Public Finance

The program supports far-reaching reforms to improve tax policy, administration, and compliance, while enhancing public expenditure and cash management.

SFC bans Wong Lai Suen for six months

The transactions also demonstrated suspicious features which should arouse reasonable suspicion of potential market misconduct and money laundering.

Opening Remarks by Mr Chee Hong Tat, Minister for National Development, and Deputy Chairman of the Monetary Authority of Singapore, at the Nomura Investment Forum Asia on 4 June 2025

So today, the financial services sector is a key economic driver – its contribution to Singapore’s GDP has grown from 12.5% in 2018 to 13.8% in 2024, and it employs close to 200,000 professionals in Singapore.

ASIC renews warning for AFS licensees ahead of deadline for financial advisers

ASIC has conducted a second spot check of the Financial Advisers Register focusing on the accuracy of relevant provider qualifications.

1MDB Suit Against BSI to Proceed After Appeal Loss

The case, involving hundreds of millions of dollars, will now proceed.

ASIC sues Blockchain Global former director for multiple directors' duties breaches

The liquidators of Blockchain Global estimate that the company owes over $20 million in unsecured creditor claims to former customers of the ACX Exchange.

Dentons recognised in second annual Best Law Firms in Australia accolades

Dentons was recognised across 13 areas of law nationally, and 61 areas across Adelaide, Brisbane, Melbourne, Perth and Sydney.

Five Carey Olsen lawyers star in Asian Legal Business Offshore Client Choice list 2025

This year Carey Olsen has the greatest number of individuals named on the list, with 20 offshore lawyers recognised by ALB in total, and is the only firm with counsel recognised in addition to partners.

IQ-EQ shortlisted for two categories in 2025 HFM Asia Services Awards

The two award categories we’ve been shortlisted for acknowledge firms that are delivering excellence in regulatory and compliance advisory services

Macquarie statement on ASIC civil proceedings

The reporting issues identified in the proceedings have been remediated with additional controls implemented.

SFC and ADGM’s FSRA enhances regulatory cooperation on supervision of cross-border investment management activity

The MoU provides for a framework for consultation, cooperation and exchange of information in connection with supervision

“Keeping the Ingredients for a Resilient System in Balance” - Opening Remarks by Mr Marcus Lim, Assistant Managing Director (Banking & Insurance), MAS

Since its launch in April 2024, Singapore and France have embarked on a series of collaborations across areas such as the circular economy, renewable energy and sustainable shipping.

Legal, Regulation & Compliance