Managers of Wealth Asia Pacific

Thai regulator plans stock exchange for SMEs and startups, report says

The new equity exchange will be organised and run by the Stock Exchange of Thailand," she says in the December 22 report.

Other challenges of sharia banking in Indonesia

This can be achieved mainly through improvements in business efficiency and a focus on well-known business segments.

Taiwan FSC Outlines Bank Examination Priorities for 2020

The three digital banks were awarded licences in July and are expected to start operating in the first have of the new year.

Sandigan justice says State has recovered enough of Marcos wealth

She said that it has already been judicially established that the Marcoses have ill-gotten wealth or illegally acquired properties. But the question remains as to which assets and properties are part of such illegally-acquired wealth.

Nearly one-third of China’s unruly trust industry fined in 2019

The fines come as part of a continuing crackdown on trust firms’ misconduct, which includes illegally fueling off-balance-sheet lending via the so-called “channeling business

Survey: Hong Kong banking sector shows widespread interest in AI-based chatbots

Chatbots are one of the top three most popular applications among the 27 listed in HKMA survey.

Conyers advises Bosideng International Holdings

Bosideng and its subsidiaries are principally engaged in the apparel business, with a developed expertise in down apparel in PRC, in which it has been widely recognised by consumers as an industry leader.

Conyers advises Redco Property Group

Partner Flora Wong and Associate Ryan McConvey of Conyers’ Hong Kong office advised on the matter working alongside Sidley Austin.

How ‘rogue’ teen Steve Weston founded $240 million digital bank Volt

Steve Weston admits he was never a great student who “wasn’t destined for much” until a chance encounter landed him a dream job.

China should step up regulation of artificial intelligence in finance, think tank says

Technology to regulate intelligent finance - referring to banking, securities and other financial products that employ technology such as facial recognition and big-data analysis to improve sales and investment returns

Foreign brokerage slams Korea for 'socialist' policies

The analyst mentioned latest property measures, restriction of Tada's ride-hailing services and conviction of Samsung Electronics executives for allegedly trying to block the formation of a labor union as examples of socialist policies here.

Bank of Japan introduces ETF leading facility

The BOJ did not provide a starting date for the new facility, saying that it will be decided by Governor Haruhiko Kuroda.

Bank Of China Handpicks Amundi for Joint Venture

The asset manager, which is majority-owned by Amundi, is slated for launch in the second half of 2020.

Police freeze $26m of Aussie tech unicorn's funds after alleged fraud

The funds flowed through Airwallex after Uruguayan company Ciklus was allegedly defrauded.

18 misconceptions about FASEA code

Patterson refers to himself as "a lawyer with no dog in the race" and blames comments by advice industry bodies and the media for contributing to confusion around the code.

Challenges abound in China’s new advisory scheme

With foreign ownership limits set to be removed next year, will the new scheme provide global players opportunities to increase their participation in China’s $2trn retail market?

Westpac cops $9m penalty for ‘poor advice’

Westpac is directly liable for these breaches, which attracts a significant civil penalty, because the law imposes a specific liability on licensees for the breaches of their financial advisers.

Craigs Investment Partners returning to full New Zealand ownership

One of the country's largest investment firms, Craigs Investment Partners, is returning to full New Zealand ownership with Germany's Deutsche Bank selling out.

Mirziyoyev brought multibillion investments from Japan

In addition to automotive industry, Nagoya is the birthplace of Japan’s last shogun Tokugawa.

Goldman Sachs 'close to $2bn settlement' over 1MDB scandal

Reported deal between bank and US Department of Justice would end investigation

Legal, Regulation & Compliance