Managers of Wealth Asia Pacific

APRA finalises prudential guidance on managing the financial risks of climate change

APRA Chair Wayne Byres said the transition to a lower-emissions economy created financial risks that businesses needed to be prepared for.

Maples Group Recognized As Leading Law Firm At HFM Asia Services Awards

This is the third consecutive year that the firm has received the award in this category which recognised the firm's legal expertise and commitment to clients in the Asia Pacific region.

Report finds 'material shortcomings' in Westpac NZ board's oversight

As a result, the directors were not able to engage with and provide robust challenge to the executive on risk topics.

China's Anti-Monopoly Crackdown Hits Banking Sector

The penalty was part of a broader batch of more than 40 cases with fines issued to other tech firms outside of the banking sector

ASIC imposes additional licence conditions on ASX and issues expectations to improve market resilience

The ASX outage was a very serious event, exacerbated by subsequent operational issues.

Nicholas Plowman named as A-List lawyer in China Business Law Journal

Nicholas, who leads Ogier's Investment Funds practice in Asia, is one of the 100 PRC firm lawyers

Hong Kong SFC issues operational resilience standards and recommended techniques and procedures in the age of remote working

This is particularly the case given the SFC’s finding that many intermediaries are considering whether to maintain some form of hybrid working arrangement as the new normal after the pandemic.

New judge to hear 1MDB suit against Deutsche Bank, six other parties

On May 7, 1MDB as plaintiff filed a US$1.83 billion suit against seven defendants for alleged breach of contract

ASIC : Responsibility amid change

ASIC is not here to eliminate risk. Risk taking and encouraging innovation is an essential part of Australia’s financial system and economy.

HKMA takes disciplinary actions against four banks

In addition, all four banks contravened the requirement of establishing and maintaining effective procedures for carrying out their duties in relation to ongoing CDD under the AMLO,

Standard Chartered facing court case

Standard was hit by a further £900million fine in April 2019 for breaching the sanctions after a US investigation found it had been dealing with Iranian, Cuban and Sudanese individuals and entities.

HKMA takes disciplinary actions against four banks

In addition, all four banks contravened the requirement of establishing and maintaining effective procedures for carrying out their duties in relation to ongoing CDD under the AMLO,

HKMA takes disciplinary actions against four banks

In addition, all four banks contravened the requirement of establishing and maintaining effective procedures for carrying out their duties in relation to ongoing CDD under the AMLO,

ASIC consults on updates to relief for superannuation calculators and retirement estimates

ASIC is inviting feedback on CP 351 from industry participants, consumer groups, actuaries and other interested stakeholders.

BVI vs Hong Kong: The Incovenience of Forum Non Conveniens

Recently, the law surrounding jurisdiction challenges was considered in some detail in the long running case of Livingston Properties Equities Inc v JSC MCC Eurochem [2020] UKPC 31.

Former NSW financial adviser pleads guilty to dishonest conduct and using fabricated evidence

The matter has been adjourned to the Sydney District Court for mention on 10 December 2021.

ASIC consults on consumer remediation draft guidance

The draft guidance is comprehensive and makes allowance for licensees to tailor it to the circumstances of their particular remediation.

APRA imposes additional licence conditions on trustee of Energy Industries Superannuation Scheme

The conditions are designed to address concerns arising from APRA’s investigation into expenditure and governance matters at EISS that commenced in May this year

APRA agrees to court enforceable undertaking from AMP Super over compliance deficiencies

APRA recognises AMP Super’s improvements, but believes these must be further embedded and operationalised.

AMP enters into enforceable undertaking with APRA

Our business

Legal, Regulation & Compliance