Managers of Wealth Asia Pacific

Linklaters and Debevoise lead on AIG's $6bn Hong Kong share sale

Debevoise & Plimpton and Linklaters have taken lead roles on AIG's $6bn (£3.8bn) placement of shares in its Hong Kong spin-off, AIA Group, reports The Asian Lawyer.

Singapore MAS Got Requests From Overseas Regulators Over Interbank Rate Probes

The Monetary Authority of Singapore Friday said it has received requests from regulators in other jurisdictions to assist in probes into the alleged manipulation of benchmark interbank rates.

Ex-Citigroup banker convicted in Indonesia fraud case

A Jakarta court convicted Inong Malinda Dee, 50, of stealing $4.4 million from clients and sentenced her to eight years in prison. She was also ordered to pay a fine of $1.1 million.

Tax fraud scheme 'handed back cash in paper bags'

The allegation was made in the New South Wales Supreme Court where Sydney-based accountants Carol Abibadra, Kevin Zerafa and Deborah Judith Jandagi, along with Agius, have pleaded not guilty to charges that they conspired to defraud the Commonwealth from

Ferraris fueled glamour lifestyle in Indonesia corruption case

An Indonesian court convicted on Wednesday a former relationship manager with Citibank of money laundering in a case involving Ferraris bought with ill-gotten cash that powered the lifestyles of a glamour-hungry clique.

New FATCA regulations are out, institutions must act fast

The FATCA Seminar was tailored to address the unique needs of Middle Eastern institutions, including Islamic banking and takaful insurance structures as well as sovereign wealth funds, and family offices.

RPC sends City lawyer to bolster Singapore base

It was the firm’s first international office and was intended to show the firm’s insurance client base its commitment to the international market.

$258.8m lost in scams: Malaysia

The Companies Commission of Malaysia (SSM), concerned over the rise of such scams, published an advertorial in the wake of recent complaints over a Canadian land-banking scheme to remind investors of the risks involved.

Global law firm keen to open India office

The firm has been associated with the country for about 50 years and has been advising Indian companies on their global operations and investments.

Ashurst set for Beijing launch with Mallesons hire

Ashurst is set to launch an office in Beijing with the hire of structured finance partner from legacy Mallesons Stephen Jaques.

HSBC provides info on clients having accounts in India to US Close

In April last year, HSBC Bank USA received summons from the US Internal Revenue Service (IRS) asking the entity to produce records with respect to US-based clients of an HSBC group company in India, the banking giant has said.

Hasan Ali case: two ex-UBS staff summoned

The summons will be served on them through the competent authorities in Switzerland, sources said.

Bakers recruits new Asia regional COO with Linklaters hire

He will take up the role of chief operating officer for the firm's Hong Kong, China and Vietnam offices.

Linklaters moots tie-up with Slaughters' Aussie best friend

The last time Linklaters was in talks with an Australian firm was in 2000

India ratifies Convention on Mutual Administrative Assistance in Tax Matters

India has become the first country outside the membership of the OECD and the Council of Europe to become a Party to the Convention.

Chicago-based law firm opens in Shanghai

The firm’s attorneys in Shanghai are bilingual and have the background and expertise to handle multicultural and multijurisdictional legal issues in the United States, Europe and China. Katten

Singapore relaxes ban on foreign ownership of law firms as market opens up

Legal Profession Act to allow foreign firms to take stakes in local players in key Asia market

Hong Kong leader denies bribery over yacht trip

The chief executive - whose wife is from Macau - said he was in the gaming hub, which is about an hour ferry ride from Hong Kong, for a private visit including tomb-sweeping and denied there was luxurious treatment on the yacht.

Australian law firm moves to expand in Asia

Ellis will be responsible for providing on-the-ground support for the Australian resource corporations operating in Mongolia.

Citi, UBS provide keys to widening interest rate-rigging probe

Citigroup and UBS, in a series of disclosures to law-enforcement officials, have provided crucial information to investigators in multiple countries as part of inquiries into whether the world's biggest banks manipulated a global benchmark interest r

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