Managers of Wealth Asia Pacific

Australia's financial regulator is going after ANZ for market manipulation

ASIC says ANZ was seeking to maximise its profit or minimise its loss to the detriment of those holding opposite positionss.

Four more foreign banks get Myanmar licence

A total of 13 foreign banks have now been given permission to operate inside the Southeast Asian nation.

Sujana Summoned in Mauritius Bank Case

The court had issued summons to the board of directors to appear before it on March 5.

Bills adopted for regulating virtual currencies

The bill calls on virtual currency exchange service providers to register their business with the Financial Services Agency so that the agency can monitor them.

US probing Barclays hiring practices in Asia

About 10 banks in the United States and Europe have said they are being investigated by US agencies over aspects of their foreign recruiting.

Trump and China Threaten Economy, Columbia Threadneedle CIO Says

The outcome of the U.S. election is going to be a negative event

PNG PM shrugs off outstanding warrant

Mr O'Neill said that the legal case was taking its course.

Hong Kong Companies: The Vehicle of Choice for China Inbound Investment

Hong Kong is the economic and financial gateway to China and Hong Kong companies are the vehicle of choice for China inbound investments.

S'pore, Iran ink bilateral treaty on investment

Singapore is the second country, after Japan, to sign a bilateral investment treaty with the Middle Eastern nation after international sanctions were lifted in mid-January.

More than $1bn deposited in Malaysian prime minister's account – report

The paper said global investigators believe much of the $1bn originated with the state fund, known as 1MDB, but did not specify where the extra money came from or what happened to it.

The China Shanshui Decision and Its Impact on Insolvent Restructuring

What it means for Cayman Islands insolvent restructuring in 2016

Tehran, Seoul Ink Deal to Finance Major Projects in Iran

The Iranian minister further said the country is fully prepared to welcome Seoul’s investment in Iran’s auto industry as well as its tourism sector and its oil and gas projects.

Up to 1 in 3 lawyers in India may have fake degrees

It is hoped that the nation-wide verification drive will be completed by the end of 2016.

Reserve Bank of India firm on single subsidiary for foreign banks

However, the RBI is not keen on dual licensing and wants foreign banks to operate only under the WoS route, said people directly involved with the matter, who didn't wish to be named.

Sebi Orders Attachment Of Bank, Demat Accounts of Two Cos

Markets regulator Sebi has ordered attachment of bank accounts, demat accounts and mutual fund folios of Shree Sai Spaces Creations and Wasankar Wealth management for violating capital market norms.

$100-M Laundering Via PH Banks, Casinos Probed

The country's financial regulators are investigating what could be the biggest single money laundering activity ever uncovered in the Philippines—a total of $100 million that was brought into the country’s banking system, sold to a black

Philippines still seeks US$ 1 billion in Marcos wealth 30 years after his ouster

The people holding these assets have been slowing us down.

Enforcement trends in Hong Kong

Shift of focus from listed companies and directors to financial institutions

Mori Hamada establishes Jakarta desk at AKSET Law

MHM has been sending lawyers to Indonesia for about four years, with Tetsu Takeuchi acting as the point person for all Indonesia-related legal matters since 2014.

HK, mainland, Macau law firms in Hengqin FTZ alliance

The move is the next step in Fongs’ efforts to go global, which comes after it set up an international department earlier this year

Legal, Regulation & Compliance