Managers of Wealth Asia Pacific

S'pore shadow banking small: MAS

Singapore's shadow banking is small, the Monetary Authority of Singapore Financial Stability Review 2013 said.

Nomura to Punish Staff for Inside-Information Leaks in 2010

JPMorgan Chase & Co. said today that a former employee leaked information used for insider trading, also in 2010.

Adviser Forced To Pay Back $684,000

A former financial adviser has been forced to pay back $684,000 to five clients after he was convicted for providing inappropriate advice.

China Hiring Probe Extends to Morgan Stanley, Citigroup

The Department of Justice and the Securities and Exchange Commission are probing as to whether the banks’ hiring of offspring of Chinese bureaucrats breached the US Foreign Corrupt Practices Act.

Appleby Partner wins at Euromoney's Asia Women in Business Law Awards

The awards recognised the leading female business practitioners across 14 legal practice areas, as well as those domestic and international firms dedicated to the advancement of women in the legal profession.

Hong Kong Banks Agree NFC Payment Standards

The Hong Kong Association of Banks has issued Best Practice for NFC Mobile Payment in Hong Kong

China Said to Plan Crackdown on Banks’ Loan Limit Evasion

Banks would also be required to take provisions on such assets while the transactions are in effect.

Maybank meets public float in BII

Malayan Banking Bhd has fully complied with the regulation of the Financial Services Authority of Indonesia on refloating BII shares by 20%.

Former UBS Trader Says Wrongful Firing Lawsuit Settled

The former executive director had sought at least S$1.3 million ($1 million) from UBS, which said in an e-mailed statement that it doesn’t comment on individual employee litigation.

New U.S. derivative rules leave Asia markets vulnerable

Several Asian and U.S. banks are working around new U.S. regulations on derivatives trading aimed at preventing a repeat of the 2008 financial crisis

Norton Rose Fulbright axes 30 jobs in Australia

Redundancies in other regions are not expected, with the firm saying the job losses came in response "to changes in the local market".

K&L Gates and Sidley lead on Philippines 'largest ever' IPO

The offering, which closed earlier this month, is thought to be the largest-ever IPO in the Philippines.

Amarchand Mumbai Bets Further on Cyril Shroff's Private Client Practice With Director hire

Amarchand Mangaldas has hired former IIFL Wealth Management director Mugdha Sahal

Appleby advised China Success Finance Group Holdings Limited on its Hong Kong Listing

The group will use the majority of the net proceeds from the global offering to expand its financial capability by increasing its net asset value, registered capital or paid-up capital.

Appleby Advised JC Group Holdings Limited on its Hong Kong Listing

The group will use around half of the net proceeds from the offering for the diversification of product offerings.

Former BofA Merrill Asia Cap-Intro Head Tabar Joins Schulte Roth

He will be working with the New York-based law firm’s existing clients as well as expanding relationships with Asia-based managers and investors

Executive summary from the Global Regulatory Outlook report

The last 12 months has been another year of change for the financial services industry. We have begun the move from inter- and intranational debate about the shape and purpose of regulation, to a period of understanding the implications for business follo

Legal, Regulation & Compliance