Managers of Wealth Asia Pacific

Regulator Seeks Probe Over Korean Hedge Fund’s U.S. Investment

Lime Asset invested in U.S. fund halted by SEC: Korea’s FSS

Top 3 Ways Hong Kong Protests Influenced Finance in 2019

This has done little to discourage anti-government sentiments and, by one estimate, has led to as much as 80 percent of staff in some Hong Kong-based financial firms to participate in protests.

Hong Kong Protests Slash Banker Bonuses

This compares with 2-4 percent pay hikes at HSBC in recent years, the report added, while bonus payouts have not been decided.

Islamic banks ready to support SMEs

So, we welcome SMEs to come to Islamic banks and try to get accredited to this financing,” she added.

SFC publicly censures three firms and their representatives for breaching the Code on Share Buy-backs

Each of the parties accepted that they failed to comply with the Code on Share Buy-backs and consented to the disciplinary action taken against them.

Hong Kong's SFC imposes HK$3.5m fine on FIL Investment Management for regulatory breaches

The SFC also found that FIMHK, when applying to the SFC for a new fund authorization in March 2017, submitted an incorrect information checklist based on an outdated template.

‘Breakthrough’ as China slashes red tape for IPOs

Wide-ranging overhaul is ‘most significant revision of securities law in history’

Asia’s central banks are ahead in the race to develop their own digital currencies, say experts, led by China, Hong Kong, Thailand

Collaboration between Hong Kong and Thailand is expected to help companies save costs incurred in cross-border payments

Rescued Chinese bank’s ex-chair set for life in jail

Death sentence for embezzling $110m likely to be commuted at end of 2-year reprieve

S. Korea finalizes guidelines on pension fund's shareholder activism

The country's business community voiced concerns that the NPS could unduly interfere in business operations.

Malaysia to open up banking sector to up to 5 new online lenders next year

The move by Bank Negara Malaysia comes as regulators across Asia opening up banking sectors to new digital players using technology to offer financial services.

Bar set high for insurance sandbox play

In Singapore, the rejection rate for the regulatory sandbox project was as high as 90 per cent

Govt outlines pension reform for graying society

The income level for reducing pensions for workers aged 60 to 64 will be changed from over ¥280,000 a month to over ¥470,000. The new income threshold will be equal to the existing one for workers of 65 or older.

Thai regulator plans stock exchange for SMEs and startups, report says

The new equity exchange will be organised and run by the Stock Exchange of Thailand," she says in the December 22 report.

Other challenges of sharia banking in Indonesia

This can be achieved mainly through improvements in business efficiency and a focus on well-known business segments.

Taiwan FSC Outlines Bank Examination Priorities for 2020

The three digital banks were awarded licences in July and are expected to start operating in the first have of the new year.

Sandigan justice says State has recovered enough of Marcos wealth

She said that it has already been judicially established that the Marcoses have ill-gotten wealth or illegally acquired properties. But the question remains as to which assets and properties are part of such illegally-acquired wealth.

Nearly one-third of China’s unruly trust industry fined in 2019

The fines come as part of a continuing crackdown on trust firms’ misconduct, which includes illegally fueling off-balance-sheet lending via the so-called “channeling business

Survey: Hong Kong banking sector shows widespread interest in AI-based chatbots

Chatbots are one of the top three most popular applications among the 27 listed in HKMA survey.

Conyers advises Bosideng International Holdings

Bosideng and its subsidiaries are principally engaged in the apparel business, with a developed expertise in down apparel in PRC, in which it has been widely recognised by consumers as an industry leader.

Legal, Regulation & Compliance