Managers of Wealth Asia Pacific

Singapore Exchange allows SPAC listings

SGX’s rules also require that de-SPAC takes place within 24 months of initial public offering (IPO)

Lawyer and former company officers associated with Members Alliance and Benchmark groups facing 72 criminal charges

The charges follow an ASIC-led Serious Financial Crime Taskforce (SFCT) investigation into the collapse of the groups and alleged associated phoenix activity.

Singapore Ranked the Top Regulatory Base for Multinationals - Mercator

APAC was also the top region overall on cost and duration.

NAB poring over millions of accounts to plug money laundering leaks

Mr McEwan said he was restricted in what he could say due to an ongoing investigation by the Australian Transaction Reports and Analysis Centre, but later confirmed Project Apollo’s existence and said the bank was taking the remediation program

Quilter International: Nearly half a million people issued British National Overseas passports

This has seen 64,900 BN(O) visas applied for during the first two quarters of this year according to the National Statistics from UK Home Office.

Allens advises Coles on $1.3b sustainability-linked loan facilities

Allens has recently assisted a number of corporate clients with SLLs, and has been at the forefront of structuring SLLs to fit within broader financing platforms and strategies.

Latham & Watkins Advises on India's First Sustainable AT1 Notes Issuance

The transaction is also Axis Bank’s largest ever single-tranche USD bond issuance to date.

Ex-manager of HKDC charged as graft probe reveals $390,000 contract fraud

The ICAC investigation arose from a corruption complaint.

China's new personal information protection law setting new grounds

Unlike the Cybersecurity Law and Civil Code which focus on the data subject’s consent for PI handling, the PIPL authorizes the handling of PI in the absence of an individual’s consent

China to tighten regulation over wealth management units to prevent contagion risks

The rules will help urge companies to enhance liquidity management of WMPs and better prevent risks from spreading across the markets and products, CBIRC said.

Robust Corporate Governance for Hong Kong's New Limited Partnership Fund Regime

Our fiduciary services to investment funds in Asia include the provision of experienced directors to act on the board of the general partner to a partnership

Thailand regulator suspends Huobi, a digital asset exchange founded in China

“Huobi can't fix it. It is a system that is important to business operations, such as a trading system, a customer asset retention system, and information technology systems,”

ASIC publishes guidance on breach reporting

ASIC has also responded to industry feedback by incorporating some 15 more working examples in the guidance.

Allianz Australia Insurance and AWP Australia ordered to pay penalties of $1.5 million for misleading sale of travel insurance on Expedia websites

The Court acknowledged Allianz and AWP’s efforts to make early admissions of liability and took this, and other relevant considerations, into account in determining penalty.

Legal, Regulation & Compliance