Managers of Wealth Asia Pacific

Natixis brings thematic funds to Singapore

The Monetary Authority of Singapore has given the Paris-based asset manager approval to sell four Ucits products to retail investors.

Gold is well-positioned as a hedge against inflation risk from expansionary fiscal and monetary policies

This goes against gold’s embedded characteristics, but we think that the unique circumstances at the time of that selloff are likely in the rear view.

Singapore companies must now register their controllers with regulator

The move comes as Singapore steps up efforts to maintain its status in the vanguard of international regulation, particularly for financial services.

Westpac Internal Probes Identify More AML Breaches, FATCA Lapses

The latest disclosures indicate that the problems at Westpac run deeper than AUSTRAC had initially suspected

Financial Scams Rise as Coronavirus Hits Developing Countries

There is the risk that these scams could undermine confidence in digital technologies that are proving so very important in keeping people informed and connected during the pandemic.

Glass Half Full: Basel IV Presents Opportunity for Constructive Change, COVID-19 the Impetus

With the global economy inexorably heading towards a new normal, it is now more important than ever for FIs to better align their strategic plans with what the future might bring.

Malaysia's banking system can handle Covid-19 challenges, says BNM deputy governor

It has excess capital of RM121 billion versus RM39 billion in 2008 and is capable of withstanding potential credit and market losses.

Frydenberg defends ex-Macquarie boss Moore's role in Virgin rescue

The Morrison government appointed Mr Moore as its special adviser on Virgin two days after the airline’s collapse into administration.

Vestas wins new order for two wind projects in complex terrain in Vietnam

The two projects are owned by local project companies, Huong Tan Wind Power Joint Stock Company and Tan Linh Wind Power Joint Stock Company.

Baker McKenzie Acts on USD 1 Billion Joint Venture to Invest in South Korean Logistics Real Estate

The transaction is expected to be completed before July 2020, subject to relevant regulatory approvals.

MAS and Financial Industry Provide Additional Support for Individuals

This second package will extend the scope of relief for individuals to other types of loan commitments, and allow them to continue to have access to affordable basic banking services.

China's Central Bank Approves Business Operations of Newly Revamped Baoshang Bank

Baoshang's assets, liabilities and operations within the Inner Mongolia region will be taken over by Mengshang

Colonial First State closes global fund

The Acadian Diversified Alpha fund was a global, absolute return, long/short equity strategy.

The improper dilution of shareholders’ rights – the latest instalment in the Tianrui v China Shansui dispute

This issue has long exercised judicial and academic minds in England and other jurisdictions, with widespread disagreement.

Efama and BVI call for urgent completion of Priips review

“We simply must avoid continued misinformation to retail investors and damaging the Ucits brand by extending the currently flawed Priips KID. Time is now of the essence.”

Former Spectrum Wealth, NAB advisers banned

ASIC said Myers failed to identify her client's relevant circumstances or investigate whether the SMSF would achieve her clients' financial objectives beyond their desire to purchase property.

DASH launches LDB platform for regulatory capital compliance

The modernized version of DASH’s LDB platform, DASH 360R, automates the calculation and reporting process, as well as any firm-specific requirements, easing significant back-office operational challenges faced by brokers and clearing firms.

Malaysia is Looking for ex-CEO Wanted for Money Laundering

If found, Wong will, upon conviction, face a fine of up to RM3 million ($US 700,000) or imprisonment up to five years, or both, the statement said.

Rapid uptake for succession & estate planning solutions in Asia

The global measures to curb the spread of the Coronavirus as well as the resulting market instability and travel restrictions have also allowed younger generations to speak more freely with family members.

India central bank opens 500 billion rupee facility for mutual funds facing liquidity stress

India has reported 29,451 cases of Covid-19, the disease caused by the coronavirus, and 939 deaths, as at April 28.

Legal, Regulation & Compliance