Managers of Wealth Asia Pacific

Appleby's Hong Kong Office advises China Everbright Water Limited on its RMB2 billion asset-backed Securities Issue

China Everbright Water is an environmental protection company focusing on water environment management.

First conviction for fraudulent OTC bond trading under Singapore law

The Monetary Authority of Singapore (MAS) has announced the first successful conviction for fraudulent over-the-counter bond trading under the country’s Securities and Futures Act

Singapore issues Money Laundering National Risk Assessment

Just over ten years have passed since the last SG NRA, and whilst some of the old threats remain the same, the influence and ubiquity of technology are the key drivers behind many underlying crime statistics.

SFC and HKMA Conclude Annual Updates to Financial Services Providers List Under OTC Derivatives Regulatory Regime

The consultation conclusions paper and updated FSP List are available on the websites of the SFC and HKMA (Note 3).

Singapore Publishes National Asset Recovery Strategy

Globally, money laundering activities are increasingly sophisticated, involving swift movements of large sums of illicit funds across jurisdictions, and affecting a significant number of victims.

ASIC calls on market intermediaries to strengthen supervision of business communications

ASIC Commissioner Simone Constant said, ‘Bankers, dealers and market participants have important roles as gatekeepers to Australia’s financial markets and stewards of market integrity.

Former AMP advice lead sues The Australian

While Regan did take the stand and appear as a witness for AMP during the Royal Commission, he purports that the allegations over misleading ASIC were aimed at AMP as a company, not him personally.

Singapore Publishes Updated Money Laundering National Risk Assessment

The updated ML NRA synthesises the ML risks observed by the Singapore supervisory

Justice Department Repatriates $1.4B Misappropriated 1MDB Funds to Malaysia

The funds include both funds finally forfeited and funds the department assisted in recovering and returning.

Finance sector union not opposed to ANZ’s $4.9b Suncorp bank buy

Financial Sector Union president Wendy Streets said the union was against industry consolidation that may hurt competition

Appleby's Hong Kong Office Advises Lichen China Limited

The Appleby team was led by Partner Judy Lee.

APRA releases quarterly authorised deposit-taking institution statistics for March 2024

Profit levels remained in line with levels seen over the past decade.

Singapore banks probe rich clients, train staff to spot money laundering tricks

Some bankers have complained about the additional checks on new clients’ sources of funds and the extra challenges in monitoring accounts, add some sources

Stephenson Harwood wins two awards at WealthBriefingAsia Awards 2024

These annual awards, which are part of WealthBriefing's global awards programme, recognise firms, teams, and individuals that have demonstrated innovation and excellence during the last year.

APRA clarifies expectations on cyber security and adequacy of backups

This communication is part of APRA's ongoing commitment to supervising cyber resilience across industry, as outlined in its Interim Policy and Supervision Priorities update.

Singapore Laundering Case Jails Eighth Individual

Lin is the only woman in the case and she had S$153 million ($113 million) out of the S$170.5 million in seized assets forfeited to the state.

IQ-EQ shortlisted for ‘Best Advisory Firm in Regulatory and Compliance’ in 2024 HFM Asia Service Awards

The HFM Asia Awards are renowned in the finance industry, recognising the best in hedge fund performance, service providers, and individuals.

Dentons Hong Kong partner Richard Keady ranked as a leading practitioner for White Collar Crime, Corporate Crime & Regulatory Investigations by Doyles

The Doyle's Guide uses an entirely objective selection process to review lawyers and their firms amongst legal services consumers, peers and other industry professionals.

MAS Bans Three Individuals for Obstructing Course of Justice, Falsification of Records and Providing False Information to MAS

The POs, which took effect from today, will prohibit all three individuals from providing any financial advisory service and from taking part in the management

Former Queensland financial adviser Brett Gordon banned following fraud conviction

Under the Corporations Act and the National Consumer Credit Protection Act, ASIC may permanently ban a person from the financial services and credit industries if they are convicted of fraud. 

Legal, Regulation & Compliance