Managers of Wealth Asia Pacific

Ex-StanChart banker appears in court for accepting bribe

No plea was entered today and the case was adjourned until February 7.

HSBC launches Aussie dollar liquidity fund

HSBC Global Asset Management has launched a new Australian Dollar Liquidity Fund designed to compete with bank deposits as Basel III begins to take hold.

Swiss never verified $200b ‘stashed in Pakistanis accounts’

The minister of state informed the committee that Pakistan and Switzerland had signed an agreement on avoidance of double taxation in March 2017.

United Overseas Bank to issue 500 mln euro worth bonds due 2025

The bonds will be issued at an issue price of 99.412 percent of the principal amount.

Hedge Funds' Indian Revenge, by Way of Singapore

The city-state may soon offer dollar-denominated derivatives on Indian stocks tracked by MSCI.

Businessman Saiful evading ACC summonses for quizzing in AB Bank money-laundering probe

An AB Bank customer, businessman Saiful Haque, has not responded to the Anti-Corruption Commission summons twice for interrogation on charges of money laundering.

Anti-Corruption Commission quizzes six AB Bank directors, calls chairman Monday

Bank director BB Saha Roy has been asked to appear before the ACC along with the chairman on Monday.

Superannuation funds accused of masking portfolio risks

The problem arises because for the most part super funds use their own judgment when it comes to classifying their investments as "growth", or more risky, or "defensive", or more stable.

Indonesia’s Roosdiono, Kandar & Partners in merger

Established in 2013, Kandar & Partners specialises in banking and finance, energy, general corporate and foreign investments, M&A, natural resources and infrastructure.

Financial service firms must join information system: OJK

Peer-to-peer (P2P) lenders, microfinance institutions and credit unions are exempt from the mandatory requirement.

ACCC's criminal cartel cases seek jail time, big fines from companies

Under the criminal cartel laws, executives can face jail terms of up to 10 years if found guilty and company fines of up to 10 per cent of their turnover or three times the profit gained.

MAS Chief Wins More Plaudits

Singapore's was among the first regulators to set up a fintech group to evaluate technology’s risks and benefits.

Bank Leumi and Chinese Banking giant ink deal

The Chinese market is undergoing major changes

China tightens bond trading rules in deleveraging campaign

China is escalating a campaign to reduce excessive leverage in the banking system that threatens financial stability.

2018 set to bring more opening

Services key for overseas investors: experts

China Is About To Impose Stiff Regulations On Bitcoin Mining

To many this was an implicit warning that China is preparing to clamp down on, and regulate, bitcoin mining in China.

How Mifid II will impact Asian asset management

Mifid II is an update to the initlal set of regulations launched by the European Securities and Markets Authority in 2007.

India Made A Decision To Start Its Onslaught Against Bitcoins

Broadening its investigation into Bitcoin trade and investments, the IT (Income Tax) department is ready to release notices to 4–5 Lakh HNI (high networth individuals) all over the nation

OJK Urges Indonesia's Sharia Banks to Become More Selective

In September 2017 the NPL touched its lowest level at 4.41 percent.

Crowdfunding platform gets MAS licence, eyes investors

With the licence, FundTier will be able to reach out to investors who typically deal with traditional banking products such as unit trusts and forex

Legal, Regulation & Compliance