Managers of Wealth Asia Pacific

Swiss private bank under investigation

It is believed that this is the first time that UBS has disclosed the investigation by MAS.

SC to reveal business trust framework by year-end

Issuers are looking for ways to monetise their assets

Herbert Smith Freehills closes in on Seoul launch as UK partner gains licence

Herbert Smith Freehills has moved a step closer to opening its long-planned Seoul office, with London-based partner Tony Dymond receiving Foreign Legal Consultant approval from the country’s Ministry of Justice.

Vietnamese Banks Got Caught Selling Clients' Gold

What they mean is that having been caught engaging in an illegal reserve boosting operating, the banks are now "allowed" to undo their transgressions ahead of a "ban" on what inherently was not a permitted practice.

India, Spain sign tax avoidance agreement

The government's recent initiatives in revising tax treaties have helped the flow of information from foreign countries.

$3.79 trillion (£2.35tn) smuggled out of China in last ten years

GFI analysed data filed with the International Monetary Fund on import and export prices.

UBS, RBS Traders Suspended as Rates Probe Goes Beyond Libor

UBS AG and Royal Bank of Scotland Group Plc suspended more than three traders in Singapore as regulators investigating Libor-rigging turn their attention to the rates used to set prices on foreign exchange derivatives.

China Is Looking Into Lower Taxes To Encourage Long-Term Investing

The government was also studying tax policies in relation to Qualified Foreign Institutional Investors (QFII) and the trading of crude oil futures, it said.

NZ To Negotiate FATCA Agreement With US

New Zealand will look to negotiate a FATCA tax information agreement with the United States, Revenue Minister Peter Dunne has announced.

New Zealand will seek to negotiate tax information agreement with US over 'FATCA' law

“New Zealand fully supports moves to clamp down on tax evasion through effective exchange of information between jurisdictions."

RBS Libor documents sealed by Singapore High Court

RBS argued that keeping these documents public may have an impact on the ongoing investigation in the Libor-scandal.

KKR Strengthens South East Asia Presence with Singapore Office

The opening establishes KKR's seventh office in Asia Pacific, with the Singapore office serving as the regional hub for Southeast Asia and will be dedicated towards its investment activities throughout the region.

RBS Trader Placed on Leave Amid Rate-Setting Probe

In a statement, the bank said, "Our investigations into submissions, communications and procedures relating to the setting of Libor and other interest rates are ongoing. RBS and its employees continue to co-operate fully with regulators."

Magic circle firm considers move Down Under

The magic circle firm has spoken to several Australian partners in recent months about potential hires as it considers whether to launch a small M&A-focused offering in the country.

Independent accounting firm expands China team

He has extensive experience in UK, international and cross-border transactions, providing corporate finance advisory services on capital markets, private equity and pre-IPO fundraising.

Largest audit firms in China likely to be domestically owned - Baker Tilly International

The accounting profession in China is relatively young

Hong Kong Implements First Phase of Basel III

Basel III is the banking regulatory reform package released in December 2010

NZ Broker charged with fraud

Aucklander alleged to have used $2.5m in trading funds to repay other investors.

New rules for asset management biz of securities firms

Margin trading will be allowed for collective asset management plans

Australian taxman shifts focus in high-tech blitz

But a tax partner at the accounting firm BDO, Carlo Moretti, says it is now using these methods to probe some small and medium enterprises, and people with $5 million in net wealth.

Legal, Regulation & Compliance