Managers of Wealth Asia Pacific

Hong Kong Regulators Offer Assurances on National Security Law

The rules and accepted practices governing market trading activities

Private jets, fast cars leave investors facing $100m wipeout

The empire of Michael Gu, a 32-year-old former mobile phone salesman, has collapsed as investors question his high-octane lifestyle.

Benefits of Crown Dependencies trusts for Asian families

Ties between Asia and the Crown Dependencies have traditionally been strong

Westpac found to be immature, reactive

The reassessment confirmed that Westpac was overly complex which results in confusion around accountability and challenges in execution

Australia Woos Financial Capital and Talent in Hong Kong

Canberra announced last week that it would be offering assistance to Hong Kongers seeking to leave the city after implementation of the new and controversial law.

Indian regulator in push for unbiased advice

Firms to segregate advisory and product distribution activities

L&T to wind up West Asian wealth management unit after InCred deal collapses

The shutdown of the unit will have little impact on L&T Finance as the business accounts for barely 0.1% of its consolidated income and net worth.

Maples Group Supports JD.COM and Netease On The Largest Hongkong Dual Listings Of 2020

The Maples Group's fund services business in Asia led by its Regional Head Eastern Fong and Vice President Christy Poon, provided Cayman Island Share Registrar support to both companies.

HSBC Asia to cut back on internal expat relocations

The on-the-ground reality is that very few expatriations are now taking place, needing senior approval

Seven years after Hong Kong Mercantile Exchange shuttered, former adviser to ex-city leader C Y Leung found guilty of fraud

Barry Cheung found guilty on Friday of conspiring to defraud the market regulator and another charge of fraud related to HK$30 million swindle

Singapore units of CIMB Bank, Natixis claim fraud, fabrications in Asian oil-trading web

CIMB and Natixis said they paid Sugih a total of about US$192 million on behalf of Hontop for oil that Hontop promised it would sell on to BP, according to the filings.

Harneys completes three initial public offerings in Hong Kong

With investors’ continuing interest in the Hong Kong stock market

Sebi eases ownership rules for Gift City Exchanges

The announcement will increase confidence with large groups of investors and will re-emphasize the importance of Gift-IFSC as an emerging Global Financial Services Hub," said Khushboo Chopra head of business development - India Sanne

Why Hong Kong is the Ideal Place to Resolve Your Commercial Disputes

With an established and trustworthy English-Chinese bilingual legal system, Hong Kong is an ideal hub to resolve international disputes for foreign parties

FSDC Proposals to Advance Hong Kong as Family Office Hub

“This would not only benefit the financial services industry in Hong Kong, but also serve as a new growth driver for professional services.”

Tricor Welcomes New Laws That Amplify Hong Kong’s Role as Leading Asian Fund Hub

Hong Kong SAR has always been viewed as the regional headquarters by most Asian-focused funds.

MAS Issues AML Outsourcing Guidance for Capital Market Firms

From a series of thematic inspections of capital market intermediaries, MAS found that several capital market intermediaries failed to detect “major lapses” by service providers, which resulted in AML/CFT breaches.

Eximbank signs $100m sublease contract with African bank to boost bilateral trade, investment

The agency will co-host an online-based seminar on July 30 to provide information to African companies to help them expand trade with Korean counterparts by using the sublease contract.

China Watchdog Calls Kingold Banker Risk Controls «Empty Shells»

Chinese firms listed in the U.S. have been facing a bad run in the recent year with the Kingold gilded copper fraud following closely on the heels of accounting scandals at Luckin Coffee and TAL Education Group.

The Vital Future of the Relationship Manager in Asian Wealth Management

There are many ways in which the RM can be re-invented in the decade ahead, and many steps are already being undertaken to achieve precisely that.

Legal, Regulation & Compliance