Managers of Wealth Asia Pacific

Madhu Kapur gets say on YES Bank board appointments

Bombay High Court upholds rejection of Shagun Gogia as board member, terms two director appointments invalid

A top Australian fund facing questions from ASIC has given back around $75 million to investors

Two directors of the fund recently resigned after the ASIC investigation became public and wrap platforms, accessed by thousands of self managed super funds, have stopped access to the fund.

BT pays $20,400 penalty for misleading statements

BT Funds Management Ltd (BT) has paid $20,400 in penalties after ASIC issued two infringement notices for misleading statements contained in the online advertising of BT Super

Macquarie to refund 2,300 wealth management clients

Macquarie Investment Management Limited is due to refund over $5.5 million to around 2,300 clients affected by system errors

Taiwan Stock Exchange Enhances Stock Market and Raises Trading Efficiency for Connecting the International Market

This regulation change will accelerate price discovery, and also increase the efficiency and liquidity of the market. In amending a practice of 25 years, the FSC shows its commitment to aligning the TWSE with international practice.

Appleby Named as a ‘Leading International Law Firm for India Work’

‘India Business Law Journal’ names Appleby in its list of top foreign firms for India-related work

China steps up banking reforms, lets broader ownership at Bank of Communications

China's cabinet has allowed Bank of Communications , the country's fifth-biggest lender, to introduce more private shareholding as part of Beijing's financial reforms to revitalise state-owned banks.

Barclays, Citi, JPMorgan Face Korea Forex Probe in South Korea

The probe into the manipulation of foreign-exchange rates is spreading beyond the U.S. and Europe.

China trying a policy twist to cut borrowing costs

China is looking for new ways to lower stubbornly high long-term borrowing costs and stop the fruits of its looser monetary policy being pumped into speculative plays instead of supporting its slowing economy, policy insiders say.

Indian Banks must be allowed to raise deposits for gift city to take off

Banks that open shop in the international finance centre must have the flexibility to raise deposits — an activity that the Reserve Bank of India has banned.

10 activists held in ‘plot to detonate bombs’ as Hong Kong debates reform bill

Police arrested 10 people yesterday after discovering powerful explosives the suspects were allegedly plotting to set off to cause mayhem and bloodshed during this week's Legislative Council debate on electoral reform.

Farmer kills self after loan refusal, bank manager booked

For the first time in the history of the agrarian crisis in the Vidarbha region, a criminal case for harassment has been registered against a bank manager.

Japan Inc faces stormy AGMs in governance shake-up

Japan's normally sleepy shareholder meetings are set for a shake-up this year as a new corporate governance code encourages disgruntled investors to speak out and forces companies to take demands for better returns more seriously.

Advocacy group decries Astarra de-registration

A Wollongong-based investor advocacy group has condemned the liquidators of the collapsed Trio Capital funds, which this week intends to de-register a managed investment scheme Trio Capital invested in.

Geneva Whodunit Has Chinese Up in Arms Over $1.2 Billion Lost in Alleged Scam

Street protests in Beijing and Hong Kong. Chinese investors flying 5,000 miles to show up on doorsteps in Geneva and demand their money back. It’s the fallout so far from an alleged scam that its victims say robbed 29,000 Chinese investors of $1.2 b

Govt to issue regulation on pension programs

President Joko “Jokowi” Widodo is expected to issue this week a government regulation on pension benefit programs

Former Capgemini star sues the firm for sex discrimination

A former Capgemini star performer, Shelley Oldham, is suing the firm and former chief executive Paul Thorley for sex discrimination, including encouraging a hostile work environment for women.

Offshore law firm to open in Singapore

The Singapore launch is an important milestone as we celebrate ten years of business in 2015

Hong Kong: Look Back, Face Forward: 25 Years Of Offshore In Asia

When Appleby opened an office in Hong Kong in 1990, it was one of the first offshore law firms to establish a physical presence in Asia

Three major banks chasing luxury car hire company for $2.5 million in unreturned security deposits

An exotic sportscar rental business has left customers around the country fuming after repeatedly taking big security deposits and failing to return them.

Legal, Regulation & Compliance