Managers of Wealth Asia Pacific

Bahamas, China visa policy takes effect

he Bahamas says a new policy allowing nationals to travel to China visa free for 30 days goes into effect on Wednesday, February 12.

Regulatory Burden, Swiss Tax Evasion, CFTC: Compliance

Financial industry executives are almost as concerned about the growing demands of regulatory compliance as they are with market volatility

MAS-SGX Measures: More Can Be Done

The moves proposed by the Monetary Authority of Singapore and the Singapore Exchange on Friday targeting speculative trading in penny stocks are welcome since all are aimed at improving the quality of listings, transparency and levelling the playing field

UBS Suspends Bankers In China Hiring Investigation

UBS AG has suspended two executives, including its top IPO banker in Asia, in an internal probe into the hiring of an employee related to the head of a Chinese listing hopeful, according to people familiar with the matter.

Korea: Court commutes former tax chief's prison term for graft

A Seoul appellate court on Thursday commuted a former top tax official's prison term to three and a half years for taking bribes from CJ Group, a food and entertainment conglomerate, in 2006.

Former Amex exec gets Hong Kong life ban

Lo Hoi Luen has been banned for life from re-entering the industry by the city's securities regulator, after forging a client’s signature for a product purchase.

Dechert targets Asia growth as global revenue hits $777m

We’ll have more focus on growth in 2014

UBS probed for tax evasion

UBS, the largest Swiss bank, is suspected of stashing away proceeds worth about 50 billion won

ANZ customers win partial victory over late fees

Australia's Federal Court has found that late fees charged by Australia and New Zealand Banking Group (ANZ) were "extravagant, exorbitant and unconscionable".

Norton Rose Fulbright launches global regulation and investigations practice

We identified global regulation and investigations as an area that is one of the greatest for clients in terms of concern, focus and spend

Alternative Business Structures for Law Firms Likely to Go Global

The revolutionary changes sweeping jurisdictions like the UK with their "Tesco law" changes have begun to radically alter the way in which law firms are structured and owned.

Senior Management Increasing Efforts Globally To Combat Money Laundering

Attention being paid by senior management to money laundering challenges is at an all time high according to findings from a new KPMG International report.

PHILIPPINES: Former Chief Justice and wife indicted for unexplained wealth

Forfeiture case to be filed at Sandiganbayan vs Coronas

HK fugitive bribed bank official with HK$2.3M

Zeng was recently arrested when he reportedly used a different identity to try to enter Saipan

THAILAND: SEC asks asset management companies to prepare for panic selling by investors

The Securities and Exchange Commission on Wednesday asked asset management companies to increase to twice daily their reporting of money flowing in and out of mutual funds

Top investment banker and stay-at-home husband in £11m divorce battle after 'final straw' row on a family holiday ended their marriage

Ms Tan argues divorce case should not be heard in Britain because she lives in Malaysia and Mr Choy is from Hong Kong

Legal, Regulation & Compliance