Managers of Wealth Asia Pacific

Drafting Contracts--Key Lessons from English Cases in 2019

It also contains brief sections on the impact of Brexit on contracts and the discontinuance of Libor.

How Malaysia is positioning itself as a regional SRI centre

SC on February 6 notes the growing adoption globally of SRI as an investment principle has made it imperative for Malaysian publicly-listed companies to be equipped to meet the global sustainability standards

Hong Kong data protection paper offers roadmap to reform

The discussion paper acknowledges recent data breaches in Hong Kong, and notes the rapid development of new technologies which have driven the increased collection and processing of personal data.

Japan's foreign security rule only a minor concern now

Investment Insights by our experts and thought leaders

Singapore and US reach agreement on financial data sharing

Ensuring that financial service suppliers can transfer data, including personal information, across borders by electronic means if this activity is for the conduct of the business of a financial service supplier.

Swiss Banker Shadowed in Hong Kong

The paper didn't specifically disclose whether Credit Suisse had ordered the surveillance.

Federal Reserve Board permanently barring senior executive at Goldman Sachs from banking industry

Low was a person of known concern to Goldman, and his involvement indicated heightened potential underwriting risks.

Two ex-senior lawyers from Clifford Chance's Singapore ally form boutique

Former Cavenagh Law managing partner and counsel pair up to set up Audent Chambers

Citi Singapore to Shut Iconic Branch

MacDonald House, situated across the road from Dhoby Ghaut MRT station, was initially built for a bank.

Deutsche Bank renews partnership with SimCorp to deliver fund services across Asia Pacific

Deutsche Bank’s renewal agreement will cover 12 markets and will support its growth in the region which converges with the Asian asset management industry’s ‘hyper growth’, set to reach USD 112 billion by 2025*.

NPS short on time for March proxy season

“The formation of subcommittees is now underway. But we are not sure when we could conclude the process."

AMP to pay $5m for churn

It also saw the advisers receive higher commissions than they would have by simply transferring the policies.

National Security Review Regime Under The New Foreign Investment Law

The detailed operating rules on the NSR regime under the FIL have yet to be released.

China extends onshore fund launch limit

There are around two dozen foreign PFM licence holders that have launched 64 onshore funds as of 3 February this year, according to Amac records.

Regulatory Challenges of Wealth Management in Asia

In Hong Kong, the Securities and Futures Commission has set out a product due-diligence regime that requires distributors to have a clear understanding of an investment’s features before marketing and distributing it to a client.

Asset manager to be liquidated

ASIC said its investigation into the financial services company is ongoing, and did not provide further details.

Fund managers pay the price for unjustified opposition to supervision order

The public importance argument was rejected on the basis that no public interest had been engaged

Mindful Wealth Successfully Completes VCC Pilot Programme With MAS

The fund management department manages the mutual funds of the company, according to a press release by the firm.

Move to give 80 per cent of Vietnamese access to basic financial products and services

The number of non-cash transactions is also expected to increase by 20-25 per cent annually and insurance premium income to reach around 3.5 per cent of GDP by 2025.

What if Islamic banks undertake risk-sharing finance?

While debt contracts shield the bank from the underlying business risk, they also prevent banks from benefitting from the upside potential

Legal, Regulation & Compliance