Managers of Wealth Asia Pacific

Up to a dozen banks are reportedly investigating potential SWIFT breaches

The incidents are part of a larger trend of cybercriminals targeting financial institutions directly instead of customers

Appleby acted for Yadea & Tem on their HKEx Listings

The firm served as Cayman counsel to Yadea Group in its approximately HK$1.49 billion listing on the Main Board of the HKEx

Japan Passes Bill to Regulate Bitcoin Exchanges

Japan has enacted a bill today that will see the regulation of operators of virtual currency exchanges, a Japan Times report revealed.

Government will try to lower MPF core fund management fee, Hong Kong financial services chief promises

Chan Ka-keung says review will be held, but did not give fixed date

BTG Pactual wants Generali indemnity over BSI's 1MDB link, source says

Singapore closed BSI's local branch on Tuesday as part of a probe into 1Malaysia Development Bhd, a Malaysian fund that was a client of the bank.

Former Asia Global Finance Chair Sues Barclays For $2.4 Million

Pratt is suing the bank’s Asia unit for money he was allegedly owed after leaving the firm.

Regulators step up pressure on Asian banks

Lisa Jucca says no bank, big or small, is immune.

Economists eye growth, labour data to track MAS's next move

They say that better than expected inflation data in April has probably been factored into MAS's April's easing

Singapore and Swiss authorities crack down on BSI amid 1MDB probe

It is the first time since 1984 that the MAS has withdrawn its approval for a merchant bank in the city-state, writes Peter Wells.

Withers advises Pro-invest Group on A$300 million capital raise for groundbreaking ANZ hotels fund

The fund will invest in Australian and New Zealand properties that will be developed into Holiday Inn Express branded hotels.

Herbert Smith Freehills takes home Asia Tax Award for disputes expertise

The honour was in recognition of outstanding local advice on litigation and disputes and was announced earlier this month at an event in Singapore.

Blockchain sends banking regulators back to basics

Regulators are now asking if blockchain process will have an impact on how they protect consumers and keep the financial system stable if something goes wrong

Former BSI S'pore employee to be remanded another week as prosecution probes further

Prosecutors said in court yesterday that they are following "new lines of critical enquiries that have opened up".

ICBC to Issue First Renminbi Certificate of Deposit to Settle in U.S.

Members of the Working Group Chaired by Michael R. Bloomberg Lead Effort to Establish Trading and Clearing of RMB in the U.S.

KP NAB arrests Mudaraba scam absconder

Rs 2.71 Billion was looted from innocent masses in grab of fake Life Medicine Company Traders.

Ian Mann and Paul Sephton named on Asian Legal Business' Offshore Client Choice list

Among the many legal professionals involved in offshore transactions in Asia, there are some who regularly surpass client expectations.

HK regulator says Alibaba broke takeover rules with "special deal"

The company said on Wednesday it is reviewing the panel's ruling and that it believes it has complied with the takeover code.

Philippine Legislators End $81 Million Cyber-Heist Investigation

The money was then wired by a local remittance company into local gaming halls, where the money trail has gone cold.

Australia regulator says in advanced stages of rate-rigging probe

The BBSW is the primary interest rate benchmark used in Australian financial markets to price home loans, credit cards and other financial products worth trillions of dollars.

Stricter Debt Controls Set For Chinese Asset Managers

CSRC likely to cap debt ratio for equities investment at 100 per cent for asset management businesses

Legal, Regulation & Compliance