Managers of Wealth Asia Pacific

World’s top pension fund faces moment of truth on China debt

Those relations may get even frostier if Japan bows to pressure to join other major democracies in imposing sanctions on China.

Asian SPAC listings face stern test as regulators consider rule changes

consultations with industry executives, referring to SPAC listing prospects in Asia.

Hedge Fund Collapse Sparks Billions in Losses for Banks

Nomura, Japan’s largest investment bank, said it is facing a possible USD 2 billion loss.

Hong Kong's IPO market reaches historical high in terms of total proceeds for Q1 2021, finds KPMG analysis

The A-share IPO market remains active, TMT and advanced industrials remain key drivers

Better Growth Offsets Inflation ANGST

The first quarter of 2021 was most notable for the bond tantrum as inflation expectations in the market started to adjust to the reality of higher prices.

Competition watchdog gives the nod to NAB takeover off 86 400

Completion of the transaction remains subject to certain conditions

Singapore to Join International Efforts to Support IMF’s Initiatives for Vulnerable Low-Income Countries Impacted by COVID-19

The CCCDI targets the urgent capacity development needs of countries affected by the COVID-19 pandemic, and is expected to raise US$100 million.

Hong Kong: First SPAC Could List by Year-End

Sponsors may also be required to have a track record in money management.

DSB Seeks Provider of OTC Derivatives Reference Data for UPI

The DSB intends to enable UPI users to submit a range of underlier identifiers, which will map to a single UPI code for any given OTC derivative product.

World Bank holds Indonesia’s GDP growth forecast for 2021

The forecast stands at the same level as the average growth expected for the East Asia and the Pacific region, excluding China and Vietnam.

MAS Consults on Credit Risk Capital Requirements, Output Floor

MAS will also adopt a proposal to risk-weight exposures secured by RRE (residential real estate) and CRE (commercial real estate) based on the LTV (loan-to-value ratio), and apply the risk weight to the entire amount of the exposure.

BOJ Considers Regulatory Changes to Address Climate Risk

Kuroda was speaking at the International Research Workshop on Climate-related Financial Risks, hosted by the BOJ’s Financial System and Bank Examination Department.

AMP: Update on proposed private markets transaction

AMP and Ares continue to work towards a potential transaction

Deutsche Bank Rebuilds Asia ECM Unit

It will also likely mirror the bank’s U.S. strategy where it is focused on special purpose acquisition companies (SPAC); tech firms; and existing clients which have been proven to be profitable.

The HKMA launches Global Regtech Challenge

The Global Regtech Challenge is created with the aim of further growing the local Regtech ecosystem.

Innovation in Central Banking – Seizing Opportunities, Securing Our Future

Innovation is transforming the financial sector.

BIS Innovation Summit 2021 “Central Bank Innovations: Payments, Data and Capabilities”

Howard Lee, Deputy Chief Executive, Hong Kong Monetary Authority

ASIC releases advice fee consent and lack of independence disclosure legislative instruments

ASIC considers that the legislative instruments strike an appropriate balance between minimising regulatory burden for the financial advice and superannuation industries and ensuring that consumers receive the information that is relevant to them.

APRA completes first phase of its Superannuation Data Transformation

APRA Deputy Chair Helen Rowell said the completion of Phase 1 would be a major step in APRA’s efforts to lift industry standards and weed out underperformers.

Korea’s New AML Law for VASPs Set to Take Effect

VASPs engaged in the purchase and sales, exchange and transfer, safekeeping and administration, intermediation and brokerage of virtual assets and virtual asset transactions would be required to comply with the new regulation.

Legal, Regulation & Compliance