Managers of Wealth Asia Pacific

Data Privacy, Cybersecurity, Conduct in Focus in APAC

According to the report, the annual spend on financial crime compliance at financial institutions around the world is estimated at between USD 900 million and USD 1.3 billion.

CSRC Seeks to Control Speculation on Shanghai’s New Tech Board

“Regulators are concerned that it will in turn hurt investors.”

Court issues restraining orders against Advanced Wealth FS

It also found Gardner was knowingly concerned in Advanced Wealth’s contravention

Bank of Taiwan cleared to open office in PH

Bank of Taiwan-Manila Representative Office was registered with the Securities and Exchange Commission on Sept. 18, 2018.

Dedicated body to level up corporate governance standards

18-member Corporate Governance Advisory Committee unveiled on Tuesday; it will act mainly as an advocacy body

Flamboyant 'Prince of Green Juice' arrested for alleged tax evasion

The 29-year-old Misaki earned his moniker by changing public perceptions of aojiru green-leafed vegetable juice, which he began marketing in 2014, from a bitter-tasting health regimen for the elderly into a trendy drink for young women.

Singapore central bank sets up advisory panel to bolster corporate governance

The power to take action for governance-related breaches will remain with MAS, the Singapore Exchange Regulation, and the Accounting and Corporate Regulatory Authority.

Taiwan’s BLF shortlists ten for $1.5 billion multi-factor mandate

They were selected based on their track records for multi-factor investing and their assets under management, the spokeswoman tells AAM, adding that the BLF’s investment committee has not carried out due diligence on the managers yet.

Debt guarantee tangle: China's private firms hit by default contagion

The warning bells are already sounding in the once-prosperous eastern city of Dongying, a hub for oil refining and heavy industry in Shandong province.

Former Deutsche Bank dealer handed suspended sentence for falisfying trading records

Between 25 July 2013 to 25 June 2014, while working as a FX, options and futures trader with Deutsche Bank in Sydney, Mr Donaldson made a total of 85 false entries into Deutsche Bank’s internal records.

MAS to Promote Good Governance Through New Committee

Part of the CGAC’s role will be to identify current and potential risks to the quality of corporate governance and monitor international trends.

S Korea Proposes New Legal Framework for P2P Sector

The proposed legal framework will be on top of the flexible guidelines that currently regulate the P2P sector in South Korea.

Multiple Indian Banks Penalised for Violating Banking Norms

The RBI prescribes strict rules on the use of loan proceeds by borrowers, and has on numerous occasions asked banks to monitor this end use closely to ensure funds are not diverted for purposes other than what is specified to obtain the loans.

Mourant Hong Kong signs sponsorship deal with Fiji Army Rugby Team for 2019 Tens tournament

Mourant has a track record of successful partnerships with HKFC 10s tournament teams

A long list of charges against Najib as 1MDB trial kicks off on Tuesday

"It's going to be tough. This growing array of charges also means it will take more time to wrap up the legal fight."

All You Need to Know About the Global Legal Services

The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Underground banking operators to be charged with illegal business operations

The judicial explanation aims to cope with the evolution of crimes involving foreign currencies, said a joint statement from the SPC and SPP.

Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

The total foreign currency reserve assets of US$432.0 billion represent about seven times the currency in circulation

Legal frontiers in the Caymans

The first in our new legal frontiers series explores the considerable opportunities available to companies that utilise offshore structures in the Cayman Islands.

Proof of debt appeals: The Court's approach to a challenge to an Official Liquidator's adjudication

Unusually for a proof of debt appeal, the appeal proceedings were ongoing for around 18 months

Legal, Regulation & Compliance