Managers of Wealth Asia Pacific

Convictions upheld in case of Chinese bankers who laundered money in Las Vegas

They were arrested in 2004.

DOF seeks quicker action on tax evasion, smuggling cases

DOF data showed that 302 cases were filed against alleged tax cheats and corrupt state workers and officials since the Aquino administration took office in mid-2010.

Rothschild delivers ultimatum to senior Bumi director

Asking the scandal-hit firm to up its response against allegations of financial irregularity or consider quitting the board.

Updated UK-Singapore DTA In Force

The Second Protocol to the DTA was signed in Singapore on February 15, 2012

FATCA: A new era of financial transparency

The IRS's powerful new tool chips away at bank secrecy.

Treaty needed before FATCA will be honored: KMT lawmaker

Taiwan's government has no obligation to meet tax-reporting requirements under Washington's 2010 Foreign Account Tax Compliance Act (FATCA) until it has signed a tax information exchange agreement with the United States, a ruling lawmaker said y

Beijing's Wealth-Management Problem

It's dangerous to let financial reform lag too far behind market developments.

Indian-origin hedge fund manager indicted in insider trading

He was released on a $5 million bail after he appeared in Manhattan federal court for an initial hearing last month.

China Construction Bank investigates wealth management product dispute

The dispute highlights the risks linked to wealth management products, which had grabbed national media attention earlier this month when a product sold to retail investors at a branch of Hua Xia Bank in suburban Shanghai failed to pay out.

Ex-Singapore Banker Chan Arrested in U.S.

Fon, a citizen of Taiwan who lives in Singapore, is scheduled to appear in federal court in Los Angeles today.

BNP Paribas Securities Services unveils FATCA service for asset managers

Under FATCA, non-US financial institutions will be required to report information about financial accounts held by US taxpayers, or held by foreign entities in which US taxpayers hold a substantial ownership interest.

HKMA says investigating UBS over interbank interest rates

Late last month the Hong Kong Association of Banks said it was considering a series of reforms to the Hibor system, including bringing in a formal code of conduct and reducing the number of rates it publishes.

International business law firm looks to grow in Singapore with private client hire

He specialises in international trust and estate planning with a particular focus on business and succession planning.

Former RBC banker and Active Capital director admit insider trading

Both pleaded guilty to charges of insider trading.

UBS pays $1.5 bln to settle Libor rigging in Japan

UBS said it will pay 1.4 billion Swiss francs ($1.53 billion) and admit wrongdoing at its Japanese arm

British multinational legal firms Advise On Billion Dollar Deal

It is principally engaged in investment, property development and investment, hospitality and leisure and financial services.

UBS to admit Japan criminal wrongdoing in Libor case

Japan's financial regulator last December ordered UBS's Japanese securities arm to suspend Tibor- and Libor

Asia banks face regulatory limbo

Banking regulators across Asia are pressing ahead with plans to phase in tougher capital requirements on January 1

Fetco asks for help on US Fatca law

Fatca is an attempt by US officials to prevent tax evasion by hiding assets offshore

China sets up risk committee on banks' wealth management products

China regulators set up risk committee to tighten standards on sale of investment plans citing banks' inappropriate ways

Legal, Regulation & Compliance