Managers of Wealth Asia Pacific

Ex-BSI Banker Gets 54 Months Prison Sentence

Yeo Jiawei's Ex-BSI Boss Describes 1MDB Kickbacks, Lavish Lifestyle, Cover-Up

Firms suing Chinese fugitive Guo Wengui rush to claim his luxury New York apartment before sale

Despite its US$78 million price tag, the penthouse’s cost represents only one twentieth of the claims piling up against the tycoon in New York state courts

Proposed bill for cybersecurity to take precedence over bank, privacy rules

It will take precedence over bank, privacy rules on data sharing if cyber attack occurs

PH youth sue to stop 1MDB paying IPIC RM1.2 billion

The group claimed that the consent award agreed between IPIC and Aabar Investment PJS in London was wrong and fraudulent.

Ogier advises on "ground-breaking" MegaTrust fund launch

This is a ground-breaking product and yet Ogier efforts assisted to ensure a smooth launch of this fund.

Advisers quit big banks, AMP as watchdog intensifies scrutiny

ClearView Wealth manufactures its own life insurance products, but its advisers are able to recommend any competitor’s products.

Singapore to postpone bank capital rules; follows Hong Kong, Australia delays

The FRTB rules, which require banks to hold more capital against their trading books.

Nippon Life defers vote disclosure urged by financial watchdog

The insurer said Tuesday it will bypass the disclosure for the time being.

Indonesia, Switzerland to Exchange Financial Data in 2019

Indonesia managed to make more than 900,000 taxpayers declare their previously unreported assets during he government's nine-month tax amnesty program.

Singapore & Denmark Shake on FinTech Innovation Pact

The Monetary Authority of Singapore, the country’s central bank and financial regulator, has pointed to Denmark as its latest ally in the FinTech sector with the announcement of a new mutually beneficial pact.

Switzerland working on 1MDB criminal case

The OAG suspects deficiencies in the internal organisation of the Falcon Private Bank Ltd

Insurers eye impact of accounting and tech changes

At an event focusing on the changing investment environment for insurance firms in Asia, industry experts discussed accounting and technology developments.

'Regulator's dilemma' as interest-only mortgage returns hit 42 per cent

The finding comes as the market keenly awaits an update from the Australian Prudential Regulation Authority (APRA) in the coming weeks.

Fastest-growing law firm brand in Asia Pacific named

She paid tribute to the firm’s people for their hard work in the region.

ED to approach six countries for details on Vijay Mallya’s properties

The agency alleged that Mallya owns several properties in the UAE and the US and has also incorporated several companies in the US, where the funds also have been suspected to have been diverted.

Jho Low mulled buying Barbados bank to stow money

Wall Street Journal says leaked email describes how Low wanted to purchase bank in the Caribbean Island as a 'parking spot' for his own funds as well as friends and family.

China’s M&A scrutiny to cast shadow on Asia deals volume

M&A is among the few areas where Chinese banks haven’t already gained a strong foothold.

Chinese billionaire portrayed as criminal and hero at trial

"Mr. Ng acted in good faith at all times," Park said.

Jho Low, Caribbean Citizen?

Low reportedly has one more trick up his sleeve: a Caribbean passport

Hong Kong’s new insurance regulator takes charge

The IA was established in December 2015 and had been preparing for the takeover of the OCI’s regulatory functions in phases.

Legal, Regulation & Compliance