Managers of Wealth Asia Pacific

Relocating black stash: From Swiss banks to Caribbean & other havens

Once tax-evaded money or funds obtained through criminal means gets to havens abroad, there is little that the Indian government can do.

Citi Indian wealth unit winding up nears end

The licence has since been surrendered to the regulator as part of the winding-up

Raising the red flag

Five of its US employees have been fired for alleged information-stealing, while its London office is under regulatory investigation over its auditing of the collapsed construction company Carillion PLC.

Appleby Lawyers among Private Client Global Elite

They have been recognised for their contributions and expertise in advising trustees and ultra-high net worth individuals on the establishment, restructuring and administration of trusts

New Zealand govt moves to formally add employment to c.bank's mandate

Employment goal already adopted on a shorter-term basis

Apple investigating growing iTunes credit card fraud in Singapore: Report

UOB explained that it has increased the monitoring of all iTunes spending over recent weeks.

DIFC strengthens commitment to Belt and Road with China Everbright Group collaboration

DIFC chosen as China Everbright Group’s platform for growth during successful UAE-China Week

HKMA joins other regulators in social media trend

Hong Kong’s other financial regulator, the Securities and Futures Commission, does not have a social media presence.

NZ government introduces bill to add employment to central bank's mandate

The proposed changes had been flagged by the Labour-led coalition government that came into power in October.

New Crack Down On Offshore Tax Dodgers Ready For Action

The UK has 64 tax exchange agreements under the common reporting standard.

China steps up regulations on wealth management products

Rules aim to reduce shadow banking risk in $3tn sector

Fugitive Malaysian businessman Jho Low still involved in affairs of his Hong Kong companies

Low, a key figure in 1MDB investigation, signed documents for private equity firm Jynwel Capital and non-profit group Jynwel Charitable Foundation this month.

SECP prescribes risk management, control guidelines for fund management industry

One of the most important risk controls an AMC can have is a risk-conscious culture in which risks are well understood with the ultimate responsibility of supervising overall risk management function rest with risk management committee

The Australian bank customers who lost everything

Amid the scrutiny, thousands of Australians have come forward with stories of losing homes, businesses and their life savings.

HSBC fined $1.2m in Hong Kong for 'systemic deficiencies' in bond sales

SFC reprimands and fines HSBC Broking Securities (Asia) Limited $9.6 million

Finma finds Rothschild Bank in 'serious breach' of AML rules

FINMA will appoint an audit agent to review enhancements already put in place by the institutions.

APFT sues former chairman for misappropriation of funds

The company had also applied for an interim injunction against Faruk to bar him and his representatives or nominees from participating in the management of the company, as well as restrain him from exercising his voting rights attached to the company shar

Legal, Regulation & Compliance