Managers of Wealth Asia Pacific

INDIA: Five lessons from bribery scandals in banks

Cracks in the banking system show that the sector needs an overhaul

ICBC executive sued by ex-employer Deutsche Bank over US$4 million transfer

The lawsuit demands that Zhang Hongli, now senior executive vice-president of ICBC, pay Deutsche Bank more than US$6.3 million as compensation for all losses plus interest.

India: Regulations alone won’t work to control India’s illegal finance market

Even as a new legislation empowers the Securities and exchange board of India to tighten its grip over entities running ponzi schemes above Rs 100 crore, such regulations could help only to cure the symptoms

Thailand: Lawsuit against Noble 'aims to protect investors'

The dispute between SET-listed property developer Noble Development Plc and a group of shareholders has intensified after ABN Amro Nominee Singapore Ltd came out to defend itself.

CCB Asia adds offshoretier two toBaselIII capital rush

China Construction Bank Asia is meeting investors for what could be the lender’s first ever BaselIII ompliant bank capital transaction.

Govt mulls FMC’s merger with Sebi

The move also shows the Centre's willingness to go ahead with the proposed changes, despite the concerns expressed by the Reserve Bank of India over dilution of its powers, something that was even articulated by central bank governor Raghuram Rajan.

Japan regulators highlight interest rate risk; regional banks vulnerable to BOJ exit

Japanese financial authorities are joining forces to scrutinise for the first time banks' exposure to a potential spike in interest rates, with a focus on the risks to regional lenders when the central bank eventually ends its massive easing.

Taiwan to ease rules on wealth managers starting new mutual funds

They will receive approval as soon as 12 days after filing applications to the FSC, it said.

Bakers leads the way in the 13th annual The Macallan ALB HK Law Awards 2014

Winners of these awards will be announced at a gala black-tie ceremony on September 5, 2014, at the Conrad Hotel in Hong Kong.

Couple suing UOB over their 'antique' jewellery and valuables

Lee said that on Oct 22, 2012, an officer from the Dang Wangi police station and the bank’s manager informed him that the safe deposit box had been broken into.

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.

Legal, Regulation & Compliance