Managers of Wealth Asia Pacific

Consolidating Pakistan-UAE ties

Discussing economic, investment and development possibilities, Prime Minister Imran Khan and the UAE Crown Prince identified new sectors where co-ordination could be intensified.

Who would want to take the helm of a World Bank that has lost its focus?

Bank is promoter of poverty reduction and social welfare, health care agency, economic and financial policy adviser and (only then) infrastructure builder

Employment pact for Filipino workers kicks in

The agreement also guarantees rights of each worker to food, housing, clothing and registration in the health insurance covering his/her illness or work injury.

Pay attention to faux Singapore Police Power web site: Scammers could faux to be officers

While the victims visit the fake website, they would be asked to provide confidential information such as credit card details and internet banking credentials, purportedly for investigation purposes.

Philippine court finds banker guilty over Bangladesh Bank heist

Dhaka wants Manila to expedite other cases related to $81m theft in 2016

Philippine Court Rules in First Conviction in Bangladesh Bank Heist Case

“The crime of violation of the subject law is fully proved and established.”

Moody's: China's slowing growth is pushing Beijing to launch new 'untested' policies

Beijing's efforts to prop up a slowing Chinese economy, in the middle of an ongoing trade war with Washington, is pushing the government to introduce previously untested policies, according to a senior analyst at Moody's Investors Service.

Malaysia probing if China offered to bail out 1MDB

The cost of China-backed projects was enlarged and Malaysia will check whether that was due to 1MDB links, Lim said in Kuala Lumpur.

Law firm mergers are heating up says Altman Weil

Among other international deals were the merger of K&L Gates with Singapore’s Straits Law which completed this week.

Gowling WLG Strengthens India Referral Agreement

The agreement will enable Gowling WLG clients in need of legal advice in India - or those seeking to enter the Indian market – to access Naik Naik & Company's broad suite of legal services.

PM to hold round table with heads of sovereign wealth funds

The session will be an opportunity for the senior most policy makers to hear from global investors and understand the main drivers required to attract investment to India.

Regulatory Reporting Pressure in APAC: A 2019 View

Still, these new obligations are now being supplemented with local regulatory reporting overhauls, with Australia and Singapore taking the lead.

SFC Fines FWD Life for Noncompliance

From 1 December 2012 to 17 November 2016 (Relevant Period), FWD Life had only one key personnel in place who met the minimum five years investment management experience requirement.

Data Protection Predictions 2019

The GDPR appears to have resulted in a big shift away from consent as the processing condition relied upon for the majority of commercial processing activities.

RHB Banking Group Chooses Kamakura for NSFR

NSFR is the second standard of the Basel III liquidity rules designed to promote stable long-term funding.

FBR launches mega operation against high net worth individuals

The sources further said that non-compliant taxpayers had been asked to appear personally instead of recording statement through their lawyer/council.

Jersey no longer a safe haven for dormant shell companies

Such front entities are floated by service providers in Jersey who do the paperwork to register the firm and hire locals willing to lend their names as directors.

China Securities Regulator Breaks Record with 2018 Penalties

Penalties were issued in 310 cases during the year, compared to 224 in the previous year, and banned 50 people from entering the securities market.

ATO calls out 'reckless and false' legal privilege claims in tax avoidance cases

ATO officials told Parliament the agency is aware of particular tax advisers marketing aggressive tax planning arrangements

Central Bank signs MoU with SEC

For consolidated risk-based supervision

Legal, Regulation & Compliance