Managers of Wealth Asia Pacific

Adviser guilty of misuse of client money

The charges carry various maximum penalties of between 10 to 14 years' imprisonment.

ASIC secures $160m in remediation over junk credit insurance

Over $160 million will be back in the pockets of close to half a million consumers sold this junk insurance.

Canadian pension funds halt India investments over virus

A pause in investments by these major pension funds reflects a mood of risk aversion among institutional investors, which are now focusing more on protecting their existing investments instead of making more capital commitments.

Indonesia scraps 999.6 trillion rupiah debt sale, turns to domestic issuance

The money raised will be used to finance the combined 436 trillion rupiah in three stimulus packages introduced to cushion fallout from the coronavirus pandemic, and for other development spending.

China sets date for revised inbound schemes

Effective June, QFII and RQFII quota restrictions will be lifted.

Exploring the next normal: John Ashwood shares his experiences from Hong Kong

Our office initiated flexible homeworking arrangements from the beginning, but only went into a split-team homeworking mode in mid-March after imported cases here suddenly spiked.

Launch of the Inaugural Appleby China Roadshow

The roadshow will be hosted via a series of webinars throughout June delivered in Mandarin.

Korea Post looks to hire advisers for global bond investments

Korea Post will accept applications until May 21, and carry out evaluation and on-site due diligence from May 22 to June 8.

SocGen Halts Funding to APAC Oil Trading Firms

The oil trader reportedly owes around $4 billion to 23 banks including HSBC, the largest lender at $600 million, as well as DBS, OCBC, Bank of China, Societe Generale and Standard Chartered.

Hong Kong New Limited Partnership Fund Regime

It will cater for the operational needs of investment funds with elements of investor protection built in

Unemployment to stay above pre-crisis levels until 2024: Deloitte

All while the Reserve Bank is frozen on the sidelines, unable to stimulate the economy with more cuts to rock-bottom interest rates.

Compliance crackdown, consultations on horizon: ASX

Since the beginning of March through to the first week of May, the ASX has helped raise $19 billion in capital for listed companies across about 80 raisings

ASIC bans RC case study adviser

The regulator also banned Melbourne-based adviser Bimaljeet Sekhon from providing financial services for three years.

APRA releases fund-level ERS data

Applications made via the ATO on Friday, May 8 have already been passed on to super funds, Assistant Treasurer Michael Sukkar confirmed.

Harneys litigation podcast “Take 10” season two

Could the common law power of recognition be relied upon by PRC Administrators instead?

The IFSB and AMF renew Mou to support the development of the Islamic finance among member countries

The continuation of collaboration signifies the commitment of both institutions in increasing awareness and promotion of the sound practices of Islamic finance based on its tremendous potential for the advancement of financial services industry.

Baker McKenzie Advises Edelweiss Securities on the Establishment of its Brokerage and Research Licensed Operations in Hong Kong

The Edelweiss Group is one of India's leading diversified financial services conglomerate providing a broad range of financial products and services

Legal, Regulation & Compliance