Managers of Wealth Asia Pacific

APRA updates enforcement approach

The regulator said it will take into account financial stability of organisations and make its determinations on a case by case basis.

Japan's regional banks load up on risk as they fight to survive

Authorities are scrutinizing the riskier behavior, which Moody’s Investors Service says could make their earnings more volatile and increase the cost for them to comply with financial regulations.

SFC Launches Risk Indicator with Too-Big-To-Fail Banks

According to the SFC, the first submission should be made electronically on or before January 31, 2020.

Singapore Takes Steps to Transition Away from SOR

Given that SOR relies on USD LIBOR in its computation methodology, the likely discontinuation of USD LIBOR after end-2021 directly impacts the future sustainability of SOR.

Tikehau Capital and T&D Insurance Group form strategic partnership in Japan

This agreement enables Tikehau Capital to enhance its presence in Japan, following the opening of its Tokyo office in spring 2019, and gain greater proximity to Japanese financial institutions, which have a growing interest in gaining exposure to European

China P2P crackdown ensnares billionaire property tycoon

Zendai Group founder Dai Zhikang surrenders to police after collapse of lending unit

CBIRC Identifies Numerous Violations at Small and Mid-sized Banks

The CBIRC also found problems with off-balance sheet business, interbank business, and wealth management business.

Philippines Signs Islamic Banking Framework into Law

The new law grants Islamic banks powers to carry out the business of a bank in accordance with Sharia principles, in addition to the general powers granted to corporations.

SFC removes spate of asset management licences

In August, the Hong Kong regulator removed nine licences and year-to-date, a total of 23 Type 9 licence holders have de-registered. But what are the reasons behind it?

Singapore Police sets up Anti-Scam Centre, working with banks to disrupt scammers' operations

"This explains why, in spite of the police's outreach efforts, more people are still falling prey to scams," said DSP Lim, who is part of the team of officers who helped set up the centre.

China gives full onshore debt access to Deutsche Bank and BNP

Decision marks country’s latest effort to open its financial sector as trade war bites

Financial exposure to HK declines

It is possible that the decline was simply a result of the Taiwanese financial sector’s normal business adjustments, the commission said.

ASIC's Magnificent Seven lay down the gauntlet

James Shipton and his new team is cracking the whip, but how will the corporate regulator deal with his 'internal disruptions' and unpredictable judges?

ASIC boosts legal firepower

The securities regulator can now match it with the big boys in corporate law, with an expanded budget and a determination to prosecute cases raised in the Hayne royal commission.

CEOs urged to dump BCA over 'green tape' stance

The conservation group wrote to the chief executives of ANZ, NAB, Westpac, Telstra, Woolworths, Coles, Medibank, Coca Cola Amatil and Qantas, asking them to review their BCA membership if their own positions clashed with the nation's most powerful bu

Moroccan, Japanese Banks sign partnership agreement on sideline of TICAD summit

Through this strategic partnership, concluded on the sidelines of the ongoing 7th Tokyo International Conference on African Development (TICAD-VII), BCP and its subsidiaries position themselves as the ideal banking partners for Sumitomo Mitsui Banking Cor

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