Managers of Wealth Asia Pacific

CommInsure cleared of medical misconduct

The database lacked proper functions to track changes and deletions, but found no evidence in its interviews that this had been abused.

Singapore watchdog makes landmark market misconduct conviction

This is the first conviction of market misconduct under the joint investigations arrangement.

ASIC Accepts Enforceable Undertaking From Former Macquarie Equities Limited

ASIC has accepted the EU as an alternative to taking administrative action against Mr Wilson.

Barclays Penalized by Australian Regulator for Disclosure Lapses

The Australian Securities & Investments Commission said in a statement Thursday that the units -- Barclays Capital Inc., Barclays Capital Asia Ltd., and Barclays Capital Securities Ltd. -- failed to disclose the information to clients or inform ASIC o

New Zealand central bank role under scrutiny

Departure of governor and deputy comes as critics call for revamp

OCBC Wing Hang Bank sells stake in Hong Kong Life for S$425.8m

First Origin is an investment holding company with a focus on investment in the financial and technology sectors in Asia.

Mizuho, Sumitomo Mitsui Trust seen merging custody service units

Low interest rates drive cross-group integration

China regulates fund outsourcing business in fresh move to curb shadow banking - Sec Times

Regulators are worried that such funds are used as a shadow banking channel by lenders to make risky bets in corporate bonds or equities, without effective management by the external fund house.

Secrecy on land titles registry sale helps keep bidders’ tax haven links quiet

It is reasonable that voters demand of their elected officials to know where their assets may end up and who might own them.

Bank of Singapore in Indonesian Move?

The move comes as demand for more wealth management products rises on the back of the much heralded tax amnesty.

China central bank should clarify rate policy, improve communication - working paper

The PBOC should increase the frequency, clarity, accuracy and consistency of information disclosures, and explore multiple channels to express its economic and financial views and policy intentions

Philippines eyes 2 more deals to open up ASEAN banking

One of the first bilateral agreements to be signed under the Asean Banking Integration Framework.

Would you bank with Apple, Google or Amazon?

There could be scope within current regulations for the Cupertino-based giant to issue credit cards.

Shadow Lending Threatens China’s Economy, Officials Warn

But experts worry that untrammeled shadow lending could lead to ticking time bombs that could threaten the financial system of the world’s second-largest economy.

The London-France connect that led to Moin Qureshi’s dirty money

Painstakingly combining information from all six locations, investigators had been gathering documents since the summer of 2014 to expose Qureshi, who is being investigated by multiple agencies for money-laundering.

Australian Banks Need to Improve Financial Advisers Competence

It arose out of serious concerns about past adviser misconduct, and had the broad objective of lifting standards in major financial advice providers.

Australia and New Zealand Bank to fork out A$3m forex rigging fine

The fine may bolster the Competition Commission’s case in SA

Sri Lanka's SEC outlines future plans

In this context, the Capital Market Strategy 2020 reflects the SEC’s definitive force of continuity in engendering competitiveness and effective regulation in our capital market.

Solution to Duterte’s luxury car gift dilemma simple — transparency advocate

A day after revealing this information, Duterte told Malacañang reporters that the car is in a private garage.

SFC reprimands and fines BOCOM International Limited $15 million for sponsor failures

A majority of the loans were not secured by collateral but guaranteed by individuals or companies.

Legal, Regulation & Compliance