Managers of Wealth Asia Pacific

Laundering Suspect Accused of Cheating StanChart, BOS

These documents were allegedly intended to show that Chen Qiuyan had legitimate sources of wealth. C

Ocorian expands global regulatory team with Bovill acquisition

Bovill’s team of 81 specialists, complementary services and global footprint will combine with Newgate, Ocorian’s existing regulatory and compliance business in the UK and Guernsey

ASIC announces action against nine SMSF auditors

ASIC will continue to take action where conduct falls short.

Carey Olsen advises Align Partners Capital Management on formation of latest fund

APCM has a proven track record of success in its strategic investment approach

Hong Kong's office named Finalist for two nominations in the asia Legal awards 2024

This nomination further underscores Appleby’s commitment to providing exceptional legal solutions for complex transactions.

No Smooth Sailing for Evergrande's Liquidation

After first missing an offshore bond coupon payment in 2021, Evergrande is entering its final chapter.

Singapore Launderer Slapped With More Charges

The seventh charge alleges that Su forged a certificate of a false Chinese marriage to be fraudulently used as a part of an application for a dependant’s pass in Singapore.

Singapore-Based Samlit Moneychanger Sued

The remittance firm has been accused of breaching agreements over funds frozen in China.

Hong Kong and China Regulators Update Investment Framework in Greater Bay Area

Key changes include the expansion of permissible investments to encompass more high-risk options and clearer guidelines for marketing and sales.

Thailand – New rules for transborder dataflow

The notifications give the case of a transfer made via the systems of a cloud service provider as an illustrative example.

FAAA backs Digital ID to reduce client identification exercises

Advisers also have a critical role to play in the identification of clients and verification of ID documents provided by clients under the AML/CTF legislation.

Speech by Mr Chia Der Jiun, Managing Director, Monetary Authority of Singapore

Singapore has come a long way in sustainable finance in less than 10 years.

SFC cautions public against impersonators of SFC CEO

The SFC wishes to stress that these instant text messages are fraudulent and has reported the case to the Police.

Signing of Memorandum of Understanding with Philippine Economic Zone Authority and Rizal Commercial Banking Corporation

The newly inked MOU with PEZA will supersede a prior agreement signed in 2015.

ASIC incorporates legislative changes to the financial adviser exam

All candidates will be held to the same standard as for previous exams.

Carey Olsen Singapore ranked Tier 1 for third consecutive year by The Legal 500

Managing partner Anthony McKenzie, Asia litigation head James Noble and principal Tom Katsaros have once again maintained their place as 'Leading Individuals'.

Carey Olsen Hong Kong celebrated in The Legal 500 2024 Guide

Fellow Hong Kong partners Matthew Watson and Tim Haynes also received praise from The Legal 500.

Potential Legal Action Against More 1MDB-Linked Banks

No lenders were named but they were accused of not conducting proper due diligence before facilitating related fund transfers.

Penta Capital to pay $53,280 over allegedly misleading statements

ASIC alleges Penta Capital made a series of false and misleading statements on its website.

US Fines ICBC Over AML, Disclosure Failures

Multiple deficiencies were found at ICBC’s New York branch during its BSA/AML compliance program from 2018 to 2022.

Legal, Regulation & Compliance