Managers of Wealth Asia Pacific

Spotlight now on Swiss bank caught in 1MDB saga

BSI is a relative latecomer in Singapore's private banking scene, having started business here only in 2010.

PBOC said to ask lenders to control wealth management funds

China central bank wants lenders to exercise greater control over wealth management funds

SFC publicly censures Goldman Sachs

Goldman Sachs’ conduct fell far short of the standards expected of a financial advisor under the Takeovers Code in that between 8 November 2013 and 6 January 2014:

Global law firm sets up in Singapore

It will focus on offering tax and estate planning advice to high net worth families and family-controlled businesses in South-east Asia which have US business interests.

Appleby advised China Rongzhong on HKEX Listing

Goodwin Procter and Commerce & Finance Law Office were the Hong Kong and PRC legal advisers to the sponsors and underwriters, respectively.

Guernsey and China begin successful law student exchange

It is hoped that Ms Huang's visit will be the first in an ongoing programme between Guernsey law firms and ECUPL students.

Singapore seizes ‘large number’ of bank accounts amid 1MDB probe

Malaysia’s government investment fund has been the subject of overlapping investigations in the country

China’s HK$59 billion online Ponzi scheme: who started it, how did it happen and now what?

We give you the low-down on the massive scam involving a peer-to-peer online financing firm that fleeced more than 50 billion yuan from over 900,000 investors across China in just 1½years

Bahrain's Al Baraka Islamic Bank eyes France, Indonesia for expansion

France has one of the largest Muslim populations in Europe but cultural and legal obstacles have impeded the development of its Islamic finance industry.

Malaysia PM haunted by $4bn wealth fund inquiry

It is the latest twist in a tale that has shaken Malaysia and provoke huge anti-government demonstrations.

MALAYSIA: Banks get little benefit from statutory reserve requirement cut

As at November last year, the LDR ratio stood at 91%, which is considered high and could restrict loan growth that would impact the interest income of banks, said an analyst with a bank-backed brokerage.

Bank Negara sees need for more prudent regulation, supervision

Cumulatively, these developments necessitate greater prudential regulation and supervisory oversight to ensure a resilient and sustainable financial system

JSCL restricted from buying Dubai Bank’s stakes in BankIslami

Earlier in August 2015, a consortium led by Ali Hussain of JSCL and Alkaram Group offered Dubai Bank to purchase its 144.200 million in the BankIslami.

Shang Cayman Merger with Singapore's Redwood Group Asia

Partner Arwel Lewis and counsel Amelia Hall, both based in Walkers Hong Kong, acted upon this deal.

Companies call for shareholding cap to check GPIF's influence

The GPIF calculates that lifting the direct-shareholding ban would save 1 billion yen $8.44 million a year in management and other fees paid to financial institutions.

South Korean court orders jail term for Deutsche trader for market manipulation

The Deutsche Securities employee, identified by the court as Park Do-joon, was at the time a senior vice president in charge of stock derivatives, according to Yonhap news agency.

Surrendering jurisdiction or harmonisation of effort?

It is common ground among insolvency lawyers that the concept of insolvency should be a unitary and universal one, so long as it does not conflict with local law or policy: this is the doctrine of ‘modified universalism’.

Probe clears Malaysian PM Najib, says $681 mln transfer a Saudi gift

"There was no reason given as to why the donation was made to PM Najib, that is between him and the Saudi family," Apandi said.

UOB Kay Hian representative punished for insider trading

He has admitted to contravening section 219 2 a of the SFA and has paid MAS a civil penalty of $110,000 without court action.

Adelaide man sues Westpac for $1 million over race discrimination

In court documents obtained by The Australian Financial Review, Mr Chopra says he was promoted in 2012 to the position of executive financial adviser, replacing colleague Anil Thusoo, who is also of Indian descent.

Legal, Regulation & Compliance