Managers of Wealth Asia Pacific

China's premier pledges private banking expansion

Li Keqiang has called for more private banking licences to be issued, in a speech to the National People's Congress

China Said to Slash Senior Executive Pay at Top Banks, SOEs

Chairman Jiang Jianqing earned about 2 million yuan in 2013.

Paying minimal taxes: DGI&IIR begins action against high net worth persons

The person is operating more than fifteen accounts in different commercial banks and owns luxury vehicles including Mercedes, however, he declares negligible taxable income in his tax returns.

Hogan Lovells Cements Greater China IP Dominance with Lateral Hire Trio

Eugene is likewise an all-rounded IP practitioner with an impressive track record of contentious and advisory work experience

Upto 7 years jail for hiding stash abroad

There is no amnesty scheme

Regulators examine explosive claims banks are using illegal super switch bait

Financial regulators are investigating explosive claims banks are offering incentives to employers if they switch their staff default superannuation funds to the big banks' retail funds

HK regulation drives trend for consolidation

Significant consolidation is expected in Hong Kong as advisory companies adjust to evolving remuneration models

Sebi cancels Sahara Asset Management’s licence

Sahara AMC is part of Sahara group that has been engaged in a long-drawn battle with Sebi

KPK to focus on Century, sidelines BLBI

Former BI high-ranking Bank Indonesia officials, including former vice president Boediono, have been implicated in the Bank Century case, with former BI deputy governor Budi Mulya being convicted.

Finding a Foundation by Carolyn Oh

A foundation is essentially a civil law creation, but how does it work in a common law country like Malaysia? Carolyn Oh, Principal of Carolyn and Co discusses the appeal of foundations as a wealth management tool and its application in Malaysia both onsh

China Drums Up Pro-Growth Moves as Disinflation Seen Deepening

China’s Premier called for more active fiscal policy and a central bank publication said additional monetary easing is needed

Debevoise advises Baring Private Equity Asia in $3.988 billion Fund VI

Baring Private Equity Asia is one of the largest and most established independent private equity firms in Asia and advises funds with total committed capital of over $9 billion.

Europe Business Groups Want New China Banking Security Rules Scrapped

Letter from six groups says cybersecurity measures raise questions about China’s commitment to free trade

Former Two Sigma Analyst Gao Pleads Guilty to Software Theft

A former analyst at the quantitative hedge fund Two Sigma pleaded guilty to taking the firm’s data

OJK wants capital injection into sharia state banks

The target is that in 2015 [the merger] will be realized

Westpac, Count on ASIC radar over complex product advice

Westpac and Commonwealth Bank-owned Count Financial are among the 10 licensees forced to undertake corrective action following concerns by the Australian Securities and Investments Commission (ASIC) concerns about financial advice relating to complex pro

Legal, Regulation & Compliance