04/12/2017

Regulator Shuts Down Wealth Manager

This means that OAIP has ceased to be a licensed fund management company and is no longer permitted to carry on business in fund management in Singapore.

04/12/2017

Asia fund houses eye Mifid impact on research

First State Stewart Asia has changed its approach to paying for research, in an early indication that asset managers in the region will not be immune from looming EU rules.

04/12/2017

UBS Must Face Trial On Whether Holding Co. Was Customer

U.S. Magistrate Judge William Matthewman, who is fielding the case without a district judge, said the facts of the case could be interpreted in favor of either UBS or Bounty Gain Enterprises Inc. The holding company has asked arbitrators with..

04/11/2017

CITIC cleared by tribunal in case of 2008 losses

The tribunal began looking into Citic and directors including former Citic chairman Larry Yung Chi-kin in September 2014 even as the SFC launched a lawsuit seeking sanctions against the five and compensation for up to 4,500 investors.