Managers of Wealth Asia Pacific

Compliance in the new era of regulatory proliferation

There are clearly immense challenges to integrating these new – or revamped - global regulations into the wealth management businesses.

Australia gives regulator sweeping powers over bank bosses' pay

The series of scandals has cost Australian banks, among the most profitable in the world, hundreds of millions of dollars in fines

Monetary Authority of Singapore introduces new guidance for remote customer onboarding

MAS requires FIs operating in Singapore to implement robust controls when onboarding new customers

Tharman: No strong case yet to ban cryptocurrency trading in Singapore

DPM says it is too early to tell if cryptocurrencies will succeed, but MAS studying potential risks

Warning Credit Suisse and Nomura could face mis-selling claims on short volatility funds

Access to non-sophisticated investors

Australian Invoice Finance makes key regional appointment

Australian Invoice Finance has made a significant regional appointment.

China cracks down on tech credit scoring

Tencent and Alibaba pilot schemes curbed by central bank amid privacy fears

Mourant Ozannes receives China Business Law Journal 'Deal of the Year' recognition

Mourant Ozannes provided BVI law advice in connection with a bank and lease financing of The Antikeros, The Shonoussa, The Polyaigos and The Strofades vessels.

Bankers' Assn backs down over protection for fraud victims

Bank customers who fall prey to internet fraud will be protected by a specific clause in a new banking code, after the Bankers' Association backtracked on removing it.

Standard Bank, UnionPay International partner for Chinese to transact in Africa

Standard Bank is also the first African bank to receive the license to issue UnionPay cards in South Africa.

Carey Olsen advises on A$1.2bn restructure

The transaction is notable because it was the first time a creditors' scheme of arrangement had been used in the Australian market as an interim stabilising step in a broader restructuring process.

China fines 19 banking institutions over loan fraud

A total of 104 employees in the banking industry were also punished, while 35 criminals involved in the case have been arrested, according to the CBRC.

China puzzle unravelling for iFAST

Financial culture and regulatory issues are not deterring investment platform expansion plans.

FinTech Australia Tells Aussie Government it is Time to Act on Legislation to Empower Private Company Equity Crowdfunding

Australia enacted new crowdfunding regulation (Crowd-sourced funding) in 2017 but left a gaping shortcoming in the new rules.

Legal, Regulation & Compliance