Managers of Wealth Asia Pacific

Sebi notifies rules on launch of new mutual fund schemes

The move will come in force with immediate effect.

Regulatory push: Indian banks abroad going local

Pressure from regulators is forcing Indian banks to focus more on the local banking needs in overseas jurisdictions.

Easier Bank Access

Loosened banking regulations may spur an increase of foreign banks in China

China steps in as the banker to call in a pinch

Thanks to China, Christine Lagarde of the International Monetary Fund, Jim Yong Kim of the World Bank and Takehiko Nakao of the Asian Development Bank may no longer have much meaningful work to do.

China Negotiates Seizure of Ill-Gotten Offshore Assets

Chinese authorities are seeking to strengthen their collaboration with Western countries to recover ill-gotten assets which have been sent offshore.

Insurance Ordinance to help companies raise funds: Finance Minister

The hike in FDI cap in the insurance sector has potential to attract up to USD 7-8 billion

Uber broke Indian financial rules: Central bank chief

India's central bank chief lashed out at Uber

MAS reprimands JPMorgan for SF, FAA breaches

He had acted as a representative of JPMorgan Singapore in the dealing of securities from Sept 2013 to Jan 2014

China’s monetary policy appropriate: Central bank

He said next year could see more policy adjustments to reduce funding costs

China nabs 39 people at over 20 institutions in insider trading clampdown

A crackdown on inside trading in China since the second half of last year has resulted in 39 suspects from over 20 financial institutions being handed over to police

China cuts red tape for outbound direct investment

New State Council guidelines cut red tape for companies investing or raising funds abroad

5 entities file lawsuit against ICICI Bank UK alleging mis-selling

Bank dismisses claims, says lawsuit filed as a counter after loan defaultt

AMCs asked to submit reports on assets by Jan 15

The custodians' reports should also include the information of bank accounts opened and closed by the respective AMCs.

Regulators Approve Nation’s First Private Banks

The approved banks include Zhejiang Wangshang Bank, in which Alibaba holds a 30 percent stake, Wenzhou Minshang Bank, Tianjin Jincheng Bank and Shanghai Huarui Bank.

China's shadow banking adapts and grows as rules tighten

Shadow banking is therefore harder to regulate, he said.

National Australia Bank Named in Class Action for Unlawful Fees

The result will be that all customers who have ever been charged late fees by these organisations will be eligible to share in an eventual successful outcome, should the class actions prevail

China Eases Rules For Foreign Banks

The Chinese cabinet unveiled rules to ease market access for foreign banks in order to open up the domestic financial sector.

Foreign banks face regulatory headache in China mergers

As OCBC finds out, global players operating in China need to go through a long and opaque regulatory process of rebranding after a tie-up

The Australian Tax Office Is Teaming Up With The Swiss To Catch Tax Evaders

Starting next week the Australian Tax Office will be working with the Swiss Government to catch Australians who failed to declare assets hidden offshore during a recent amnesty period.

FIPB clears HDFC Bank and Ratnakar Bank FDI proposals

HDFC Bank had applied for FIPB approval for expanding its equity base by up to Rs 10,000 crore and Ratnakar Bank for capital raising

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