Managers of Wealth Asia Pacific

China Cybersecurity and Data Protection: Monthly Update – September 2021 Issue

The Chinese central government released the long-awaited Regulations on Critical Information Infrastructure (CII) Security Protection

HSBC working with 8 countries in backing CBDCs

They are already operating in certain countries and a number of major central banks are actively developing and piloting their own versions.

China's crypto ban puts spotlight on central banks putting their own spin on digital coins

The Bank of International Settlements/BIS's innovation hub recently announced plans to build a crypto platform so the international community of central bankers can transact in CBDCs and other crypto assets.

Crypto Exchange FTX Quits Hong Kong

Hong Kong authorities have been taking an increasingly hard stance towards cryptocurrencies, barring non accredited investors from accessing the local crypto market.

How the cloud can help overcome the data fragmentation challenge

The study, based on responses from more than 900 global executives, found 34% see the biggest advantage of having better data insights as being able to expand their customer base.

Thailand’s Finvest app launches feature allowing direct investment in offshore funds

"By working with Kasikorn Bank and Robowealth to make Finvest the first mobile platform in Thailand to offer offshore funds, Lu International reaffirms its commitment to bring the best of its technology and capabilities to the Thai market,"

Can Crypto Save China’s Diamond Market?

China is a complex market where the diamond trade is strong but has its own set of challenges.

Avaloq's Gery Dachlan: «Our Asian Parent Has Proved Advantageous»

Asia is a main focus region for Avaloq, and we want to have people on the ground to support those markets

UBS China Fund Caught in Tech Maelstrom

«China is more volatile than other markets, and such an environment creates opportunities for active managers to create value,», a spokesperson said.

India and Singapore to link faster payment systems

Mobile-based UPI supports both person to person (P2P) and person to merchant (P2M) payments, while PayNow enables users to send and receive instant funds from one bank or e-wallet account to another in Singapore by using just their mobile number.

BSI launches first digital branch in Jakarta

Through the operations of the digital branch, we are looking forward to providing services and added value that are far better to customers.

Singapore’s SDAX gets digital asset exchange licence, plans real estate token listing

“As part of the overall growth roadmap, SDAX will expand its regional footprint as well as its digital financial product offerings to include exchange-traded funds, equities, bonds, and derivatives in both the traditional and new economy asset class

CREALOGIX increases its annual revenues once again – primarily thanks to strong growth in recurring SaaS revenues

Having once again posted record revenue, the Swiss fintech company CREALOGIX can look back on a successful 2020/2021 financial year.

The stapling shake-up and what it means for super funds

From November 1, it will be more important than ever for superannuation funds to differentiate themselves

Hong Kong’s e-voucher spending spree raises bar on economic growth expectations, finance minister says

Financial Secretary Paul Chan ‘quite optimistic’ that predicted 0.7 per cent boost to economy will be exceeded amid scheme’s enthusiastic uptake

RBI may launch a digital currency by the end of this calendar year

A pilot project will be launched initially because a digital currency is a totally new product both in India and globally

17 South-Korean FinTech Startups Completed the Six-Week Accelerator Program from F10

The program held its first virtual demo day on 2 September where a global audience of investors, corporates and start-ups attended.

Deloitte picks Adelaide for first in a series of Australian tech hubs

“This is a bold investment for our firm – in new professional services talent, in the growth of our business, and in the South Australian market.”

China tech shares slide on latest volley of Internet curbs

Regulators have already ordered the company to separate the back end of the lending unit from the rest of its financial offerings and bring in outside shareholders, it said.

Australian millionaires back crypto play-to-earn venture

Mark Carnegie and Sergei Sergienko founded Singapore-headquartered Crypto Gaming United and led its $5mn seeding round recently.