Managers of Wealth Asia Pacific

The power of public accountability

Keynote address by ASIC Chair Joe Longo at the 2026 Financial Counselling Australia Conference in Cairns on 7 May 2026.

BOJ debated need for rate hike if energy shock persists, minutes show

A few members saw need for vigilance to downside growth risks

MAS Collaborates with Banking Industry to Harness Artificial Intelligence in the Fight Against Financial Crime

By bringing together datafrom across five banks, the POV aims to build more robust and accurate AI/ML models that help identify higher-risk transactions and accounts.

Former NSW director Mark Barnes sentenced to imprisonment after dishonestly obtaining $2.4m by selling false invoices

At the time of the offence, Mr Barnes was the director of Barnes Marketing Services Pty Ltd (In Liquidation), a company which operated as a sales and marketing business for organisations in the Australian arts industry.

Enhancements to MAS’ Regulatory Framework To Facilitate Dual Listings on the Singapore Exchange

The proposed regulatory framework supports the implementation of the Global Listing Board (GLB), a partnership by the SGX and Nasdaq, and facilitates future similar collaborations.

Scam alert related to banks

The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions.

ASIC cancels AFS licence of ABL Funds Management Pty Ltd

The licence cancellation is publicly recorded on ASIC’s Professional Registers Search.

HKMA follows suit as Fed holds rates amid inflation worries

The HKMA announcement came hours after four Fed officials, including three who objected to language in their post-meeting statement that suggested the central bank would eventually resume cutting rates

APRA and ASIC publish latest data on life insurance claims and disputes - December 2025

ASIC’s MoneySmart Life insurance claims comparison tool has been updated with the latest data.

Tentative Issuance Schedule for HKSAR Institutional Government Bonds under Infrastructure Bond Programme and Government Sustainable Bond Programme

The tentative issuance schedule contains information on, among others, the tentative tenors, tender dates, issuance sizes, issue dates and methods of issuance of individual GB issues.

SFC unveils new regulatory framework to allow secondary trading of tokenised SFC-authorised investment products

The initial batch of products is expected to focus on tokenised money market funds.

ASIC's roadmap for digital assets law reform implementation

Under the new regime, ASIC is tasked with licensing and supervising these platforms, and with enforcing the law as required.

Report on “Navigating the Green Shift: Opportunities and the Evolving Landscape of Transition Finance”

The study reveals a clear momentum in transition finance, with 60% of survey respondents already either active in or exploring transition finance developments.

MAS Monetary Policy Statement - April 2026

In the quarters ahead, higher inflation will also erode real incomes and crimp final demand.

Former Big Un CEO pleads guilty in insider trading case

The matter is being prosecuted by the Office of the Director of Public Prosecutions (Cth) (CDPP) following a referral from ASIC.

ASIC bans former ISG Financial Services Limited director Benjamin Godfrey for 10 years

Mr Godfrey has the right to apply to the Administrative Review Tribunal for a review of ASIC’s decision.

Securities Industry Council (“SIC” or the "Council") Public Statement on PSC Corporation Ltd.

The Mandate expired on 25 April 2024.

Explanatory Brief: The Securities and Futures (Amendment) Bill 2026

The issuer must also make reasonable effort to inform recipients when the prospectus is finalised and ready for collection.

ASIC bans former MWL financial services adviser David Lofthouse for 3 years

The banning order took effect from 30 March 2026.

Key Enforcement Actions Taken by MAS in Q1 2026

MAS takes into account the need to deter similar misconduct as well as to safeguard the integrity of Singapore as a financial centre.

Legal, Regulation & Compliance