Managers of Wealth Asia Pacific

Bank of Japan: Gradual normalisation with higher JGB yields – ING

Despite soft May inflation, underlying pressures and firm wages justify further normalisation.

ASIC updates mandatory credit reporting relief

Stakeholders supported extending the relief for five years and expanding the scope to include additional account categories.

APRA Deputy Chair Margaret Cole recognised in King’s Birthday Honours

Over the past five years Ms Cole has been responsible for the prudential oversight of Australia’s rapidly evolving superannuation industry.

Japan to ease bank capital adequacy requirements

The agency will formally decide to revise related notifications after collecting public comments.

ASIC proposes to withdraw financial reporting relief for uncontactable members

Entities not covered by these requirements may need to apply to ASIC for individual relief aligned with Regulatory Guide 43

HKICL alerts public of fraudulent website

The fraudulent website intends to trick user into giving away login credentials and directs user to WhatsApp chats with the fraudster impersonating as customer service personnel.

Taiwan calls on domestic asset managers to scale up – report

As part of the effort, the FSC is trying to channel more mandates towards local firms.

ASIC Chair Joe Longo speaks on Tech Council of Australia panel

The conversation was moderated by Tech Council of Australia Board Adviser Damian Kassabgi, and included Mariana Paun, Chief Business Resilience Officer, Zepto, and Stuart Munro – Group Executive, Group Strategy, Commonwealth Bank of Australia.

APRA formalises three-tiered approach to proportionality in banking prudential framework

It also aligns with APRA’s strategic commitment to get the balance right between its primary mandate for financial safety and stability and other considerations such as competition and efficiency. 

Scam alert related to banks

They will not ask customers for sensitive information, such as login passwords or One-Time Password, by phone, email or SMS (including via embedded hyperlinks).

ASIC and AASB launch sustainability reporting webinar series

The three webinars are designed as introductory and foundational content and are well-suited to smaller and mid-size companies who are planning or are in the capacity building stage of their climate-related financial disclosures.

APRA disqualifies former chair of Xinja Bank under the Financial Accountability Regime

Ms Edwards is disqualified for a period of six years for failing to comply with her accountability obligations

ASIC issues early observations on sustainability reporting ahead of 30 June 2026

ASIC welcomes these first sustainability reports and acknowledges the significant effort put in by the preparers.

Appleby’s Hong Kong Partner Vincent Chan secures seventh consecutive ALB Offshore Client Choice recognition

His expertise has played a crucial role in numerous significant transactions

Australian ex-FS director sentenced to five years in prison over unlicensed advice

From 23 June 2019, Mr Arandez was not licensed or authorised to provide financial services, but he carried on until April 2021

APRA consults on more efficient and transparent bank licensing framework

Written submissions should be sent to [email protected] by 31 July 2026.

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.

Legal, Regulation & Compliance