Managers of Wealth Asia Pacific

ASIC continues Macquarie remediation

The Australian Securities and Investments Commission (ASIC) has pointed to its remediation work with Macquarie Private Wealth as one of its steps towards the regulator "doing a better job".

SIX regulatory coverage to include SFC products for HK clients

SIX Financial Information services Hong Kong investors with SFC authorised investment products data.

Too many tweets may make a Twit by Amber Melville-Brown, Withers

Jack Dorsey christened as ‘Twitter’ the product he created to provide ‘a short burst of inconsequential information’.

Banks Face $100 Billion Fund Gap on Rules: Japan Credit

While Japan’s bank lobby has signaled its opposition to the plan, the nation’s low interest rates would help lenders issue the so-called bail-in bonds cheaply, according to Deutsche Bank AG analyst Yoshinobu Yamada.

Baker & McKenzie Strengthens Capital Markets Practice in Singapore

I am excited to join Baker & McKenzie and be part of its compelling blend of international expertise and strong local knowledge

Investors seek delay to HK-Shanghai stock tie-up

Some of the world's biggest banks and asset managers have asked the Hong Kong securities regulator to delay a landmark China stock trading link that could generate billions of dollars of trade a day due to uncertainty over the scheme rules

Swiss banks trying to distance from dodgy Indian clients

The challenge for these customers is to move the money to some other destination without leaving a trail

Bird & Bird to merge with Aussie ally Truman Hoyle

Bird & Bird is to merge with its Australian alliance partner Truman Hoyle a year and a half after signing a co-operation agreement with the TMT firm.

ASIC to crack down on big four, AMP and Macquarie

Australia's six largest financial advice firms will be subject to surveillance from the Australian Securities and Investments Commission next year to make sure they comply with high-risk areas of the law

Philippine c.bank issues rules raising minimum capital of banks

The Philippine central bank on Monday spelled out new minimum capital requirements for banks, a move that will force some to increase their levels sixfold and which analysts say should accelerate industry consolidation.

Walkers Advises Blackstone in Take Private of China's Pactera

Ropes & Gray LLP acted as instructing counsel for Blackstone and the date of completion was March 2014.

Abu Dhabi Global Market recognises regulatory soul mate in Singapore

But one centre has appealed to ADGM more than the others: Singapore

China's rich spur Taiwan to tackle Singapore, Hong Kong private banks

Taiwan is considering easing more rules on structured products as it vies with Singapore and Hong Kong to woo wealthy Chinese investors.

Simpler Chinese foreign rules to speed real estate investments - EY

Simplified approval procedures for Chinese outbound investments put its investors in a more competitive position in the global market and will speed up allocations in real estate, says Harvey Coe,

UBS, Nomura Sued by Japan School Operator on Derivatives

UBS AG and Nomura Holdings Inc. were sued by a Japanese school operator for 8.8 billion yen in compensation for losses on derivative transactions.

Ex-bank manager jailed for stealing HK$65 million from clients' accounts

A former bank manager who became embroiled in a "frightening circle of debt" has been jailed for 10 years for stealing sums totalling HK$65 million from his clients' accounts and forging documents to cover up the thefts.

Clifford Chance loses top Aussie partner to investment house Gresham

The head of Clifford Chance’s Perth office is set to leave the firm for investment house Gresham Partners three and a half years after the firm that bore his name joined the magic circle giant.

Hogan Lovells taps Allen & Overy for first Vietnam partner

He is the only partner in Hogan Lovells' Ho Chi Minh City base

International law firm appoints two partners to lead Global practice

The announcement was made as part of the leaderships changes at the Firm's Annual Meeting, held last week in London.

Asia Pacific institutions turn to portfolio reconciliation ahead of regulatory changes

Post trade processing in the global OTC derivatives markets has been the subject of much regulatory scrutiny of late, beginning with North American reform as a result of the Dodd-Frank Act. ICAP’s specialist post-trade division TriOptima has now cit

Legal, Regulation & Compliance