Managers of Wealth Asia Pacific

Bankers Pledge Better Behavior

The new code means we are making banking easier, by making changes to processes, providing customers with more info and introducing higher standards for how banks serve their customers.

BNM's Syariah governance

The rationale is simple — effective Syariah governance gives certainty, integrity and confidence to stakeholders in the Islamic finance system ranging from the Treasury to regulators, standard setters, market players, investors and customers.

'Unfair' wealth divide hurting middle NZ

Based on 2007 statistics, this shows approximately how wealth is shared between the wealthiest 1 per cent of Kiwis, the rest of the top 10 per cent, and then the rest

StanChart to retrain 3,000 staff here by 2020

More than 800 employees have enrolled for the courses under SkillsFuture@sc this year.

NAB chairman orders inquiry against 435 offshore companies’ holders

Handout further stated that Aleem Khan registered HEXAM offshore company in BVI in 2004, while Ameer Abdullah established six companies

TESS International uses Asean expansion as launch pad for growth

Liew and Ong founded TESS in 2000, leveraging decades of experience in investment banking and financial technology

MUFG Seeks to Buy 73.8% Stake in Danamon From Temasek

"As one of the leading banks in Asia and Oceania, we have long recognized Indonesia's role as one of the key drivers of the region's development and have sought to establish a stronger presence in the country,"

Philippine c.bank relaxes rules on foreign loans to boost investments

The central bank said the revised rules only cover loans without guarantee from, and exposure to, any public sector entity.

ANZ attempts sale to Chinese conglomerate, blocked by NZ regulator

It's a great business and there is no immediate requirement to do anything, particularly given the strength of ANZ's capital position.

JPMorgan broke anti-money laundering rules in 1MDB deals: Switzerland

The scandal surrounding the Malaysian state fund 1Malaysia Development Berhad has rocked the administration of Malaysian Prime Minister Najib Razak.

India:Reinsurer receives in-principle Lloyd's approval

Lloyd's is the pre-eminent reinsurance market in the world with access to speciality risks that complement GIC Re's existing lines of business.

MAS issues 5-year bans on ex-trader convicted of CFD fraud

The second PO is with regards to financial advisory services.

New Zealand blocks HNA takeover of ANZ Bank unit

Investment office stops purchase over lack of clarity on who controls Chinese group

'Harmful' finance products to face ASIC ban, stiff penalties

Banks and other institutions will also be forced to design products to suit the needs of customers

AIMA signs MoU with Insurance Asset Management Association of China

The MoU is the second of its kind that IAMAC has signed with a foreign association, following an agreement between IAMAC and the Institute and Faculty of Actuaries (IFoA), the professional body for UK actuaries, in 2016.

Hedge Fund Loses Bid to Block Quant Fraudster's Deportation

Xu, a University of Cambridge math graduate who had worked at Goldman Sachs Group Inc., was employed at Trenchant between 2012 and 2014.

KPMG partners face court contempt over China audit

Petitions to wind up China Medical were filed in the Cayman Islands, New York and finally in Hong Kong in 2012, and the company was placed into liquidation.

Singapore issues more financial bans related to 1MDB scandal

Investigators have claimed that inflated PetroSaudi valuations were used to justify and obscure improper fund transfers at the heart of the 1MDB scandal.

BlueBlood Ventures to buy Fullerton Securities and Wealth Advisors

BlueBlood expects the acquisition to lead to operational synergies and higher growth for the firm

China state planner issues new rules for offshore investments

The new regulations represent the latest crack of the whip over what Beijing views as harmful and often illicit capital outflows.

Legal, Regulation & Compliance