Managers of Wealth Asia Pacific

Chief Executive of the HKMA responds to his re-appointment

Despite these headwinds, our financial system, including the Linked Exchange Rate System and the banking system, has remained sound and stable.

New financial reporting and audit obligations for superannuation funds commence

Trustees will be subject to increased scrutiny on the quality of their financial reports in relation to superannuation funds.

Australians can be confident in the integrity of our equity markets: ASIC report

Our regulatory interventions to address the deteriorations included targeting pump and dump activity

APRA finalises targeted changes to strengthen banks’ liquidity and capital requirements

APRA received 35 submissions from entities, individuals and industry bodies during the formal three-month consultation period.

Australia Q2 2024 regulatory update

Key superannuation rates and thresholds were also updated in the quarter and are to take effect from July 1, 2024.

MUFG heads to take pay cut after information firewall breach

The same salary punishment will also hit MUFG Bank Chairman Naoki Hori and Mitsubishi UFJ Morgan Stanley Securities Chairman Saburo Araki for two months.

MAS Statement on Global Outage Affecting IT Systems

MAS asked major financial institutions to report the impact of the outage.

APRA issues $10.7 million infringement notices and accepts court enforceable undertaking from OPC

APRA has been closely monitoring OPC which has continued to identify further members who may have been adversely impacted by failures to direct default member contributions to a MySuper product.

Hong Kong’s ZA Bank welcomes planned stablecoin regulatory regime

The bank surpassed $1b in transfer turnover from Web3 clients in 2023.

HKMA announces stablecoin issuer sandbox participants

The sandbox, which was launched in March 2024, is part of the HKMA’s efforts in facilitating the sustainable and responsible development of stablecoin ecosystem in Hong Kong.

"Growth and Opportunities in the ILS Market: A Singapore Perspective" - Speech by Mr Lim Cheng Khai

The global ILS market experienced strong growth in the number of issuances in 2023, which continued into 2024.

SFC and HKMA welcome PBoC’s new measure on Northbound Swap Connect margin collateral arrangement

This measure will provide Northbound Swap Connect investors with the additional choice of non-cash collateral, reducing their liquidity cost and improving capital efficiency.

Ogier wins Best Offshore Law firm for third straight year at HFM Asia Services Awards 2024

This latest award win further solidifies Ogier's position as one of the leading offshore hedge fund legal advisers in the region

The HKMA and the SFC welcome the PBoC’s new measure on Northbound Swap Connect margin collateral arrangement

This is a new arrangement for the use of onshore bonds as eligible collateral in the offshore market

ASIC and APRA issue final rules and information for the Financial Accountability Regime

The FAR already applies to the banking industry, and takes effect for the insurance and superannuation industries from 15 March 2025.

Singapore strengthens corporate service provider regulations

The updates introduced by ACRA are comprehensive and designed to strengthen the integrity and accountability of CSPs operating in Singapore.

Five Appleby Partners Named Amongst the Top 50 offshore lawyers by asia business law journal

The list is based on extensive research conducted and nominations received from in-house counsel in Asia, and Asia-focused partners from domestic and international law firms.

Ogier experts in Hong Kong named in ABLJ's top 50 offshore lawyers 2024

With the BVI and the Cayman Islands being two of the most widely used offshore financial centres by Asian companies

Fund Finance Association Executive Committee 2024 APAC Market Update - Top Takeaways

The discussion covered perspectives on the Hong Kong, Singapore, Australia, and Japan markets, as well as the broader alternatives market.

Hong Kong approves first investment visas

Under the scheme, qualified individuals can relocate to Hong Kong through capital investment in the form of a financial asset.

Legal, Regulation & Compliance