Managers of Wealth Asia Pacific

Mourant Ozannes at the forefront of aviation and ship financing in Asia

Mourant Ozannes provided BVI law advice in connection the loan and lease financing of four second-hand long range product tankers.

Big banks in spotlight for opening round of royal commission hearings

The Australian Securities and Investments Commission (ASIC) said in its statement of claim filed in the federal court that CBA tried to rig the bank bill swap rate on six occasions, up from three occasions in its initial statement last month.

Fund managers in Malaysia, Singapore, Thailand to have wider access to retail investors

The revised framework, which incorporates feedback from extensive industry consultations, seeks to promote more cross-border offerings of ASEAN funds and allow fund managers to offer a broader range of fund products to investors in the region, according

Mirae Asset forms JV with Vietnam’s SWF subsidiary

This is the first time that a Korean asset management has formed a legal entity in Vietnam instead of opening a branch to acquire stake in local companies.

Chinese Conglomerates in Distress

This mostly happens with cryptocurrencies or with Alipay, the Chinese equivalent of Paypal.

One of Asia’s biggest companies just got steamrolled by the Chinese government

The Chinese government had 2 major problems with the way Anbang was going about its business.

Tax havens turn financial black holes

The number of tax havens has also grown with the growth of financial liberalisation and generation of wealth abroad.

Underperforming bankers in Asia now on “red alert” as job cuts loom

The average RM at Credit Suisse in APAC now manages CHF333m in assets, compared with CHF260m in 2016 – a rise of about 28%.

New Laws Mean Japan Could Be the Next Big Thing In Esports

Laws, which are now decades old and were introduced to tackle organized crime, are resulting in competitive gaming in Japan being treated in equal terms to poker, and is all but entirely illegal, especially if cash prizes are involved.

Vietnamese lenders to take more security measures after banker steals $10 mln from customer

The central bank has also asked lenders to review, amend and add internal regulations to ensure that they fully comply with rules on deposit, and saving transactions.

Re King Bun Limited: Re-affirming When the Case Should be tried in the BVI

The operation of the underlying business and the assets are in Hong Kong and the People’s Republic of China (“PRC”).

New office for Ogier as firm celebrates ten years in Tokyo

Ogier Global provides trustee services to Cayman Islands unit trust structures, being the vehicle of choice for Japanese investors.

How the alleged Punjab National Bank fraud unfolded

India has been gripped by the scandal involving billionaire jewellers and state-run institutions

StanChart transfers rest of Singapore operations to locally incorporated unit

StanChart said the move will not affect the level of service its clients currently receive, and will work to minimise any impact on accounts and dealings

Vertically aligned institutions pay $21.4m compensation

The Advice Compliance Project identified "high-risk advisers" who engaged in non-compliant conduct between 1 January 2009 and 30 June 2015.

Indian police arrest sixth bank official in $1.8b fraud case

The branch is at the center of the alleged fraud involving firms tied to diamond merchants Nirav Modi

J.P. Morgan is quietly hiring more analysts in Asia, others will follow

More are expected to come online – at a higher rate than in 2017 – during the busy post-Chinese New Year hiring period, says a Hong Kong-based headhunter.

Falcon Bank's Martin Keller: We Had to Break With Our Past

The opportunity arose after the sudden exit of former CEO Walter Berchtold as well as that of top executive Arthur Vayloyan.

GSIS wants only experts to handle offshore investment

GSIS president and general manager Jesus Clint O. Aranas had said they were eyeing to raise to 15 percent the share of foreign investments to total assets from 10 percent at present in order to diversify revenue sources.

Wealth firm director ordered to pay $400,000

Director excluded from financial services industry for five years and agrees to pay $400,000 to financial literacy fund

Legal, Regulation & Compliance