Managers of Wealth Asia Pacific

Rat trader faces 5-10 years for insider dealing

"Rat trading" refers to fund managers buying shares via their personal trading accounts

Conyers recognised in Chambers Asia-Pacific 2014

Conyers Dill & Pearman has been listed amongst the top offshore law firms in the 2014 edition of Chambers Asia-Pacific

Global law firm to open new office in Perth

That it will open an office in Perth, the mining and energy center of Australia

SEBI collates KYC details of nearly 2 cr investors

The move is expected to help ease doing business for individuals as well as financial sector entities, including banks.

Weakening bank balance-sheets is a worry, IMF tells RBI

Steps are also needed to modernise the legal and insolvency framework

Hong Kong grants request for Bank Century asset recovery

The Law and Human Rights Ministry announced on Tuesday that the Hong Kong High Court had approved the Indonesian government’s request to repatriate the assets of the graft-ridden Bank Century

Leading offshore law wins 'Best law firms for offshore work'

Leading offshore law firm has been announced as a winner in the China Business Law Journal's 2013 China Business Law Awards.

Baker & McKenzie Opens ‘New Frontier’ Office in Myanmar

Baker & McKenzie’s Yangon office should reach break even and be “moving to cruising altitude,” after that, said Eduardo Leite, chairman of the law firm’s executive committee.

One account for all assets

It is an excellent move in reporting capital market transaction in a consistent manner and prevent tax leaks

Coutts Sues Neo Taking Singapore Claims to $140 Million

The 65-year-old Malaysian has also been sued by Interactive Brokers LLC after he failed to pay for a S$26.5 million shortfall in his margin account.

Financial adviser remanded in custody for murder of Gold Coast guru

He has been remanded in custody until March 31.

Labuan FSA Issues New Guidelines for Labuan Insurers; Revises Guidelines on Fit and Proper Person Requirements and Labuan Fund Managers

The revised guidelines were issued on 11 February 2014 and will come into effect on 1 January 2015.

Long established barristers grows international presence with a new chambers in Kuala Lumpur

Long established barristers is to continue its growth in Asia, announcing yesterday that it was opening an office in Kuala Lumpur, the first UK barristers’ chambers to have a presence in Malaysia.

Chinese legal giant overhauls management structure in latest leadership election

Chinese giant has kicked-started an election process for a new leadership team under a new governance and management structure.

Two Hong Kong Firms to Pay $11 Million on Insider-Trading Claims

Two Hong Kong-based asset-management firms agreed to pay about $11 million to settle U.S. regulatory claims related to improper trades made before China-based Cnooc Ltd. said it would acquire Canadian energy firm Nexen Inc.

Global law firm appoints first ever Asia managing partner

As the U.S. Ambassador, Ambassador he oversaw the broadening engagement of the United States in Southeast Asia, which included the Obama Administration's 2011 "pivot" or "rebalance" to the region.

UBS suspends two Hong Kong employees in hiring probe

Investment bank UBS has suspended two members of its staff in Hong Kong after launching an investigation into the hiring of an employee related to the head of a mainland corporate client.

HSBC Sued by Singapore Billionaire's Ex-Wife

HSBC Holdings Plc was sued by Singaporean billionair’s ex-wife, who claimed she suffered losses because of the bank’s negligence.

New Zealand bank fees class action targets Westpac, BNZ, ASB for unfair penalty fees

A class action lawsuit claiming banks charge unfair penalty fees has added Westpac Banking Corp., Bank of New Zealand and ASB Bank to its existing suit against Kiwibank and ANZ Bank New Zealand.

Indian-American hedge fund boss in Bharara’s net

The verdict against Martoma followed a four-week trial and 15 hours of deliberation by the jury and has left Martoma facing a maximum of 20 years in prison on two counts of securities fraud and a conspiracy charge, although his final sentence may be close

Legal, Regulation & Compliance