Managers of Wealth Asia Pacific

Rising Stars: Thailand law firms

Asia Business Law Journal’s inaugural Rising Stars series turns to Thailand’s legal market to shine a light on the challenger firms that are carving out a name for themselves.

5th UK-Singapore Financial Dialogue discusses financial markets developments and future areas for bilateral cooperation

The Dialogue enabled a useful exchange of views and of stronger financial and economic cooperation between the two countries in a number of key areas.

Laos central bank unveils new forex rules after local currency’s decline, report says

The new rules also prohibit foreign currency exchange at unregistered locations, or at rates that don’t comply with the rates set by the central bank.

Singapore Exchange Deepens Cooperation With Nasdaq

SGX and Nasdaq established a collaborative listings agreement in 2017, which helps SGX-listed companies who are looking to extend their reach in the capital markets and raise their profile in the United States.

SGX, Nasdaq Agree to Streamline Dual Listing Process

“Investors with interests in companies that have a profile in both markets will benefit from this regulatory cooperation.”

AZB advises struggling Yes Bank on US$2bn FPO

Linklaters’ team was led by its Singapore-based partner, Amit Singh, and included associate Calvin Soon.

Nomura Signs MOU related to BOOSTRY Security Token Business

Under the MOU, the three companies also plan to form a business alliance regarding BOOSTRY’s operation and business.

Family-owned trust fined $1.1 mil by MAS for breaching anti-money laundering requirements »

These failures were identified by MAS in an inspection. ATSPL has paid the penalty in full and taken remedial actions to address the risk management deficiencies that led to the breaches.

Hong Kong: Banker Exodus Around the Corner

There is no pull factor – this is all push, the person said, noting the inquiries are largely in the «consideration stage.

Taiwan Sees Opportunity in Hong Kong Exodus

Taiwan President Tsai Ing-wen has also expressed sympathy for opponents of the new law, and opened an office earlier this month to facilitate immigration from Hong Kong.

Hong Kong needs to lift its regulatory game as China’s billionaires eye Singapore for its stability, cost advantages

Greater Bay Area billionaires see Hong Kong as a natural choice for establishing family offices for investing, succession planning

Expansion of the scope of the Private Funds regime

The change makes it clear that those entities that are not actively offering, or no longer issuing, interests no longer have an argument that they may be exempt on this basis.

Australia Extends Coronavirus SME Guarantee Scheme

The Scheme has seen more than 15,600 businesses accept loans worth AUD 1.5 billion.

Iran-China deal is ‘pragmatic’: CGTN

Iran and China plan to sign a 25-year comprehensive cooperation agreement.

PH is haven for the oligarchs

President Rodrigo Duterte recently claimed that he has managed to dismantle the country’s oligarchy without declaring martial law.

China takes over companies linked to disappeared financier

Chinese authorities are stepping up their bid to maintain financial stability as Covid-19 proves ruinous for economic growth and soured loans pile up.

Singapore economy in "dire" state but financial system robust, MAS says

Half the profits, or $5.3 billion, will be returned to the government and the other half will be added to the central bank’s reserves.

China: Regulators Seize Nine FIs Linked to Tomorrow Group

Operations will continue as normal for at least a year. Debt obligations and creditor rights will not be affected.

China to Connect Interbank, Exchange Traded Bond Markets

Under the arrangement, qualified investors will be able to buy and sell tradable bonds in either of the two markets through either market’s electronic trading platform, subject to meeting investor suitability requirements.

Hong Kong Regulators Offer Assurances on National Security Law

The rules and accepted practices governing market trading activities

Legal, Regulation & Compliance