Managers of Wealth Asia Pacific

IOOF acquisition of MLC gets green light

MLC will deliver a step change in our scale and reach, providing substantial benefits to our clients, members, and ultimately our shareholders.

GBA Wealth Connect scheme becomes effective on June 5

The issuance of the rules marks an accelerated pace in the development of the GBA in terms of innovative financial regulations

SFC May Have Doubts About Allowing SPAC Listings – Report

The SPACs frenzy has prompted exchanges in Singapore and Indonesia to also explore the possibility of allowing SPAC listings in their markets.

Ten things Institutional Investors need to know about investing in Hedge Funds

What should investors consider when making Hedge Fund investments?

Ogier in Hong Kong advises on US$1.1 billion loan for take-private of China Biologic

The Ogier team was led by banking partner David Nelson with support from associate Sara Law.

Monetary Authority of Singapore invites applications for green fintech accelerator

All FinTech firms and solution providers are encouraged to submit their applications for the MAS Global FinTech Hackcelerator here by 11 June 2021.

Conyers Shortlisted for ALB China Law Awards 2021

In addition, nine significant matters led by our Hong Kong-based lawyers were also shortlisted as Deals of the Year.

Mitigating FX Settlement Risk in Japan’s Pensions Industry

As of 2018, foreign investments accounted for roughly a third of global pension funds’ total assets under management and 34% of total pension investments (compared to 31% in 2014).

Appleby Asia Group Head Judy Lee is recognised in the IFLR1000 Women Leaders List 2020

Judy continues to be the only offshore lawyer in the Asia-Pacific region to be included.

Maples Group Launches Irish Asset Finance Offering in Singapore

The new offering is a part of a long-term strategy to expand the Maples Group's market-leading Irish Asset Finance practice and follows Kinsley's secondment to the Group's Irish office where he worked alongside the Irish aviation team.

KPMG recommends super changes

KPMG national sector lead for asset and wealth management Linda Elkins said the exclusion of SG from Paid Parental Leave exacerbates the gap between men and women, as women are often using the leave.

Commencing Divorce Proceedings - Service on Spouses Overseas

In the Philippines, we can only effect such service on nationals of the originating state.

Ex-Prudential agency manager breached agreement in soliciting mass defection to Aviva, says High Court

The assessment of losses would be calculated by UK consultancy Berkeley Research Group's chairman Richard Boulton, the judge added.

Bank of Japan board agreed to focus on keeping yields low: March meeting minutes

The BOJ kept monetary policy steady at the March meeting and unveiled steps to make its tools sustainable enough to weather a prolonged battle to achieve its elusive 2 per cent inflation target.

Singapore regulator issues 86 new asset manager licences in January-September 2020

The central bank did not immediately provide Asia Asset Management with the number of new licences issued in all of 2020.

ASIC bans former Sydney adviser for eight years

Ms Lee has appealed to the Administrative Appeals Tribunal for a review of ASIC’s decision.

ASIC quarterly update January to March 2021

The report also covers ASIC’s use of new regulatory tools such as the product intervention power, and our preparation for new tools introduced by recent law reforms.

Herbert Smith Freehills advises ISPT on Australia’s largest sustainability linked loan

The Herbert Smith Freehills team was led by Partner Andrew Booth, Executive Counsel Amy Repse and Solicitor Andrew Julian.

HKMA announces guideline on the Green and Sustainable Finance Grant Scheme (GSF Grant Scheme)

The GSF Grant Scheme will provide subsidy for eligible bond issuers and loan borrowers to cover their expenses on bond issuance and external review services.

Firms offering debt management services require credit licence to operate

From 1 July 2021, subject to transitional arrangements, providers of debt management services must hold a credit licence with an authorisation that covers debt management services.

Legal, Regulation & Compliance