Managers of Wealth Asia Pacific

Goldman Sachs may yank top executives’ bonuses over 1MDB scandal

Case has left the storied US banking giant with a black eye

Manila bank hits back at Bangladesh over suit

Bangladesh Bank said it has sought the assistance of the US Federal Reserve in New York in filing the lawsuit.

Positive Developments Contained In China's New Draft Foreign Investment Law

This alert highlights some of the positive developments contained in the Draft Law.

D-Day for Australian Banks as Bombshell Inquiry Report Set for Release

The Royal Commission was a quasi-judicial independent body led by a former high court judge that was tasked by the government

Ex-Georgian PM's suit to have case heard in Singapore court dismissed

The Geneva branch was the centre of management for the portfolio.

Asian wealth manager Portcullis Group strengthens cyber defences with CyGlass

CyGlass provides affordable SaaS solution for network anomaly detection.

Bangladesh to sue Philippine bank over $81m cyber heist

The bank has rejected the allegations and in 2017 accused Bangladesh's central bank of a ‘massive cover-up’.

Malaysia SC Fines Deloitte for 1MDB-Linked Auditing Breaches

Charges have since been levied against Najib, 1MDB officials, Goldman Sachs and other connected parties.

Hua Nan prioritizes legal compliance

Overseas CCOs also shared their practical experiences in complying with AML regulations.

Recognition for Mourant in Asia

Awards announced by the prestigious China Business Law Journal, set the scene for further ambitious growth.

Who's Who Legal Awards

Firm of the Year 2018: Hogan Lovells

Brexit alarm bells ring in the UK and Asia

There is an increasing sense of alarm amongst UK-based companies – both Asian and non-Asian alike

Japan Adequacy Decision Adopted by the EU Commission

One of the circumstances where international transfers are permitted under the GDPR is where the EU Commission has passed an “adequacy decision” in relation to the country

China makes concessions to expats in new tax law

According to a notice published by the State Administration of Taxation last month, resident taxpayers who spend more than 30 consecutive days outside the country in any given six-year period are exempt from having to declare their global earnings.

First repayment of 1MDB money coming soon, says Guan Eng

“We hope this will be followed by subsequent payments to Malaysia, where we will get back the money stolen from 1MDB,” he said at a press conference here today.

Singapore central bank bars initial coin offering for breach of securities law

"The issuer in this case failed to comply with the advertising restriction when its legal advisers put out a LinkedIn post accessible to the public calling attention to the offer.

JPMorgan Asset Management wins approval to sell HK funds in China

Regulatory green light is latest step towards opening up China’s financial markets

New laws aimed at taxing rich celebrities on 'fame and image' face hurdles

The tax measure, first unveiled in the 2018-19 federal budget, was aimed at stopping some high-profile individuals creating sneaky structures to minimise the amount of tax they pay.

QIC signs US investment partnership

The deal reached final close in December, 2018 and QIC has now shortlisted candidates to act as MasParc's general manager and independent board chair.

Mauritius PM inaugurates SBM Bank (India) Ltd in Mumbai

An official said that as a new entity, the SBM Bank (India) Ltd will expand its Indian network by end-March 2020

Legal, Regulation & Compliance