Managers of Wealth Asia Pacific

Singapore readies SGD1m fine for listing rules violators

The said fine was agreed upon by MAS and SGX as part of the long list of rules that the two regulators have nailed into place.

International law firm granted licence to open in Seoul

They will now move forward with obtaining the additional regulatory clearances required for the new office, in anticipation of the office opening in the autumn.

Indian bank chief arrested over bribery allegations

The CBI, the country's top crime-fighting body, said it "laid a trap"

Class-action lawyers looming over Macquarie

The slide noted the bank was writing to its clients to inform them of the MPW remediation process

Claims against advice arm have no factual basis: Macquarie

The group said that it found no evidence of the claims that Macquarie management circulated answers to competency examinations among its financial advisers.

road & Bright opens in HK and GZ, plans Tokyo launch

Broad & Bright Hong Kong Office was established on June 13, 2014, and is a registered foreign law firm and in association with CFN Lawyers, Hong Kong local law firm.

Sebi signs MoU on alternative investment funds with 27 EU regulators

The text of the MoU was finalized by SEBI and the European Securities and Markets Authority

China Offshore: Insight & Analysis of China’s Outbound Offshore Investments and M&A Activity - Applby

Mauritius and Jersey for example, will continue to play a significant role in China’s outgoing investment. These centres are where we carry out the majority of our business, through our offices covering eight offshore jurisdictions.

Hong Kong securities watchdog to clamp down on 'dark pools'

The increased regulatory scrutiny by Hong Kong's Securities and Futures Commission (SFC) could hurt prospects for the nascent dark trading market in the Asian financial center and may trigger similar action by other regulators in the region, they add

Singapore's regulator seeks China commodity lending data

The regulator sent a questionnaire to a number of banks in mid-July requesting data on their total China exposure by purpose and trade finance exposure, according to five Singapore-based banking sources.

Leading international law firm set to launch in Asia following raid on Bird & Bird’s Hong Kong base

He advises international online retail companies, advertising agencies and local retail clients on telecoms, media and data protection issues and is rated in the top tier in the Asia Pacific editions of Legal 500 and Chambers and Partners legal directorie

Singapore regulator proposes new rules for financial benchmarks

Last year MAS censured a record 20 banks after it found more than 100 traders in the city-state tried to rig key borrowing and currency rates

Taiwan and China to discuss RQFII independently from cross-strait agreement

The cross-strait trade-in-service agreement failed to mention whether there would be a limit in the trading amount of the RQFII, allowing some space to maneuver for both Taiwan and China.

Hong Kong government's reserves are not big enough to fight 'financial predators'

Head of the HKMA believes the government's reserves can fight off 'financial predators', but in reality it is a case of Norman versus Goliath

MAS announces proposals to regulate financial benchmarks

Under the change, the manipulation of any financial benchmark in Singapore will be considered a criminal offence.

Conyers advises Jinmao (China) Investments Holdings Limited on US$500 million IPO

This IPO is the fourth Business Trust listed in Hong Kong, Conyers having advised on each of such listings.

HK life ban for Union Securities duo

An SFC investigation found that Union Securities, with the involvement of Ma and Cheng, misappropriated approximately $400,000 from two clients who thought they were depositing those moneys for settlement of orders.

Japanese hedge fund challenges regulators in insider trade case

A small Japanese hedge fund has made a rare challenge against financial regulators over a 2010 insider trading case, disputing a finding that one of its fund managers acted on an insider tip of a share offering by energy firm Inpex Corp.

Mixed reaction to possible changes in Chinese JV rules

A potential relaxation in regulations governing asset management joint ventures (JVs) in China has received a mixed reaction from the industry, Asia Asset Management found.

Slaughters adds to Hong Kong partnership to bring total to 13

Over time we’ve made periodic promotions in Hong Kong when the moment is right

Legal, Regulation & Compliance