Managers of Wealth Asia Pacific

UPDATE 2-Singapore probes companies at centre of penny-stock crash

The scandal led to a series of proposed reforms to the city-state's stock trading rules.

Vietnam Issues Licenses to 65 Foreign Institutional Investors in 1Q

Vietnam issued trading licenses to 65 foreign institutional investors in the first quarter, up from 53 issued in the same period last year.

HK probes lenders over alleged FX manipulation

Several banks and brokers have already been fined billions of dollars for manipulating benchmark interest rates

Mizuho sued over loans to gangsters

The Financial Services Agency issued business improvement orders to Mizuho Bank in September 2013 and December 2013 after the bank failed to take appropriate steps to address the loan problem and made false reports to the agency.

Some Sri Lanka bank mergers, strategic investors given nod: Central Bank

Sri Lanka's central bank said it had approved in principle mergers among a few banks and non-bank lenders, in a regulator driven bid to build a financial sector made up of fewer, larger firms.

International law firm promotes 4 to partnership in Asia

The offshore law firm has promoted 12 of its lawyers to the firm’s partnership globally

Owner of New York's Plaza Hotel and London's Grosvenor House hote asks staff to chip in $1,600 each to pay bail for boss

Indian firm Sahara has asked each of its employee to pay 100,000 rupees to fund the $1.7 billion bail to get the boss out of jail

China seizes $14.5 billion assets from former leader

Chinese authorities have seized assets worth at least 90 billion yuan from family members and associates of retired domestic security tsar Zhou Yongkang, who is at the centre of China's biggest corruption scandal in more than six decades

Stephenson Harwood enters Formal Law Alliance with Singapore's Virtus Law

The firm also launched in Beijing around the same time, marking its fourth office in Greater China.

Court jails Chinese fund manager for insider trading

A court in China has sentenced a former fund manager of Bosera Asset Management Co to a three-year imprisonment for insider trading.

CBA calls for crackdown on shadow banks in Murray submission

Commonwealth Bank wants the same laws governing banks to be extended to so-called "shadow banks" and to new finance technology companies, suggesting the status quo is exposing traditional banks to additional risks.

Hong Kong Regulator Probes Departed J.P. Morgan Executive

Hong Kong's antigraft agency visited the offices of a former J.P. Morgan Chase & Co. executive who left the firm amid a continuing probe of the U.S. bank's Asian hiring practices

Hong Kong passes key sukuk bill

The programme had 14 listed bonds currently outstanding worth

Philippine central bank leaves policy rate steady,but tightens liquidity

The Philippine central bank left its policy rate steady on Thursday, as expected, after it lowered its inflation outlook but analysts say tightening is on the cards as growth stays resilient and with possible upside risks to prices.

China securities regulator says to improve rules for QFII scheme

China will further improve management and tax policies for the Qualified Foreign Institutional Investor programme to attract more foreign investment into the country's capital markets, the securities regulator said on Friday.

Hong Kong passes Islamic bond bill, paves way for $500m Sukuk

Hong Kong lawmakers passed a bill on Wednesday that will allow the AAA-rated government to raise around $500 million via Sukuk, or Islamic bonds.

UBS Suspends FX Traders in New York, Zurich and Singapore

UBS AG suspended foreign-exchange traders in the U.S., Singapore and Switzerland as its investigation into the alleged rigging of currency markets widened.

HKMA asks banks to tighten lending to Chinese firms

The Hong Kong Monetary Authority has asked banks to tighten their approval processes on syndicated loans for Chinese companies raising offshore loans in Hong Kong

What Happens Before and After an IPO in Hong Kong - Maples & Calder

This article first appeared in the Spring 2014 edition of the IFC Economic Report published by IFC Review.

IFLR Honors Firm at Asia Awards

Latham receives High-Yield Deal and Pro Bono Law Firm of the Year awards from International Financial Law Review.

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