Managers of Wealth Asia Pacific

UK crime agency shares documents with NAB team

The NAB team also visited the UK Home Department and Pakistan High Commission in London, the sources said.

Dutch asset manager to adopt Korea’s stewardship code

Prior to Robeco, Hong Kong-based investment firm Oasis Management Company and U.S. investment firm Dalton Investments LLC officially announced to support Korea’s stewardship code

Australian FSR insights 2018 outlook

The kinds of rules and the frequency with which APRA will make them will likely vary.

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

It denied that this amounted to eight separate contraventions, but agreed it did not adhere to all transaction monitoring requirements relating to certain affected accounts.

'That's not a lawsuit': Hogan suing Grill'd over famous line

The mugger demands Mick Dundee's wallet, with Kozlowski's character Sue telling him to comply because "he's got a knife".

Licences for four foreign law firms to run till 2020

Law Ministry defers decision on renewal, noting firms' contribution to growth of legal sector

Law firms’ bestie bond establishes new Asia-Pacific ties

It was established by founding partners Philippa Fee and Craig Langstone in the late 1980s, with an additional three people – Pauline Davies, Cecily Brick and Matthew Atkinson – joining the partnership over the years.

Hong kong FSR insights 2018 outlook

The SFC has indicated that it will shortly be providing more granular guidance on cooperation in disciplinary, civil and Market Misconduct Tribunal proceedings.

China’s graft watchdog warns officials over ‘concealed’ extravagance

President Xi Jinping has waged a five-year war on graft at all levels of the ruling Communist Party, from high-level “tigers” to lowly “flies”.

Convoy raids put Hong Kong firms on notice

Hong Kong’s financial services firms can expect greater regulatory scrutiny as an unprecedented joint probe by the Independent Commission Against Corruption and the Securities and Futures Commission paves the way for future investigations.

Barclays Africa Group inks deal with China Development Bank

This partnership will unlock opportunities that are aligned to our shared growth approach and could facilitate positive socio-economic impact.

Canadian regulators and ASIC sign fintech cooperation pact

The Innovation Hub provides the opportunity for entrepreneurs to understand how regulation might impact on them.

Banks hire ex-RBI men to avoid slip-ups

Higher costs for non compliance mean banks would rather have a person who knows the workings of the central bank.

Robeco: China’s AM regulations and US tax reform risks

“The new rules in China limit the south-bound investments and will therefore have a negative impact on the Hong Kong equity market,” said Robeco’s Victoria Mio.

Chinese Regulator Cracks Down on Booming Hedge-Fund Industry

The crackdown comes as China mounts a campaign to limit financial dangers lurking in the economy.

Convoy chairman arrested at airport

Convoy Financial has confirmed its chairman Quincy Wong Lee-Man was arrested on 8 December and has now been suspended as a director.

SGX launches guide to prevent insider trading

The SGX says the guide "is not meant to be prescriptive or exhaustive", and needs to be "customised to each company’s unique profile and circumstances".

Chinese banks push back on regulators’ plan to bring wealth management products in line

Ten mid-sized banks have asked regulators to extend a June 2019 deadline by another 18 months until the end of December 2020, for ending promised guarantees on wealth management products.

China banks warn new asset management rules may trigger systemic risks: sources

The People’s Bank of China did not immediately respond to a faxed request for comment.

ASIC widens conflicted adviser remuneration rules

The life insurance remuneration reforms, which commence on 1 January 2018

Legal, Regulation & Compliance