Managers of Wealth Asia Pacific

Now, fund houses can't restrict redemptions

Experts say the new provisions work in favour of investors and will make mutual fund houses introduce better liquidity management tools.

China’s Banks: How Fixing Problems Can Make Them Worse

Document 82 could leave banks with a capital hole of more than $150 billion

New lending restrictions for property investors

We routinely fine-tune our lending rules to take account of current market conditions

BSI-1MDB scandal exposes Singapore’s banking flaws

The actions taken by Monetary Authority of Singapore in wake of scandal involving 1MDB and Swiss Bank BSI shows zero tolerance for money laundering, say analysts.

Australian Corporate Watchdog takes action against Nab

The watchdog is sinking its fangs into a few suspected culprits and doing his job," he told reporters in Ulladulla, south of Sydney.

Chinese Banker To Be Investigated

The commission uses the term “serious breaches of discipline” as a euphemism for corruption.

ASIC bans former ANZ financial adviser

ASIC's investigation found that during 2012 and 2013, Mr Meadth failed to provide 11 clients with written documentation of his recommendations about their investment portfolio.

ASIC takes first action against licensee for alleged breaches of 'best interests duty'

The first hearing of the matter is listed before the Federal Court of Australia on 8 July 2016.

CTBC Financial Holdings raided over suspicious land deal

No details were available on how much the shell company and its partner paid for the land in Neihu or whom they bought it from.

Monetary Authority of Singapore Proposes a Regulatory Sandbox for FinTech

The Monetary Authority of Singapore is the central bank of Singapore.

Indonesia govt proposes law to give tax office access to bank data

The proposed revision to the tax administration law will "eliminate data secrecy for the purpose of taxes," Bambang Brodjonegoro told a parliamentary hearing.

Warburg Pincus, Temasek Left Out of Fundraising Deal for China’s WeBank

Foreign investors have been excluded from investing in internet bank after China’s banking regulator expressed concerns about foreign ownership

Chain CEO Urges Central Bankers To "Run" Towards Blockchain

Ludwin told listeners they should be “running toward this opportunity.”

Merger of SBI with associates to be cleared soon: Jaitley

Among the subsidiaries, only the State Bank of Bikaner and Jaipur, State Bank of Mysore and State Bank of Travancore are listed, while the merger will create a combined customer base of 50 crore.

Former Equititrust CEO appeal refused

McIvor has also filed an application with the AAT to review the original decision permanently banning him from providing any financial services.

MAS Proposes a "Regulatory Sandbox" for FinTech Experiments

The Monetary Authority of Singapore today released a consultation paper on proposed guidelines for a “regulatory sandbox” that will enable financial institutions as well as non-financial players to experiment with financial technology solution

Hogan Lovells rekindles Indonesian offering with new alliance

DNFP specialises in corporate and financial transactions and was launched by partners Dewi Djarot and Fachi Fachrul.

RBI wants overhaul of cyber security in banks

Central bank says number, frequency and impact of cyber attacks have increased manifold in recent past

Philippine central bank may regulate bitcoin operators

That is what we are looking to do, whether it is now time to impose hard regulations for virtual currency operators.

Pakistan: New law soon to bring transparency in declaration of offshore assets

The government authorities have already held two meetings with the Swiss government in this regard.

Legal, Regulation & Compliance