Managers of Wealth Asia Pacific

China Focus: China's central bank outlines policy priorities for 2020

China will strengthen its counter-cyclical adjustments and maintain reasonably abundant liquidity in the banking system.

HSBC kicks off new year with HK branches closed

But more recently, HSBC has drawn the ire of some protesters who accuse it of being complicit in action by the authorities against activists trying to raise money to support their campaign.

China cuts banks’ RRR; frees up $115bn to spur economy

While recent data has shown signs of improvement, and Beijing and Washington have agreed to de-escalate their long trade war, analysts are unsure if either will prove sustainable and forecast growth will cool further this year.

Qatar, Australia trade reaches new heights

Australian Ambassador Jonathan Muir said: “These numbers are a sign the economic relationship is in good shape and that Australian companies remain strongly engaged in Qatar.”

China suspends Shanghai link with London Stock Exchange

The suspension is a blow to the London Stock Exchange and its boss David Schwimmer, who has bet that Shanghai - not Hong Kong - is the financial centre of China.

Japan, China, S. Korea step up banking cooperation with ASEAN

Such assistance would also promote economic integration and connectivity in the 10-member ASEAN.

Jack Ma’s Ant Financial seeks digital banking license in Singapore

Winning a license would pit Ant against traditional incumbents such as DBS Group Holdings Ltd. and Oversea-Chinese Banking Corp. in the growing market for digital banking in Southeast Asia.

RHB's Hong Kong brokerage arm fined by SFC

The SFC further found that RHBSHK did not have adequate controls to supervise its account executives.

Hong Kong regulator fines Fidelity and Adamas

SFC slaps asset managers with penalties for breaching regulations

SFC fines Fidelity and Adamas

Hong Kong’s Securities and Futures Commission slaps the asset managers with penalties for breaching regulations.

Malaysia tightens rules on anti-money laundering, terrorism financing

It is, however, not intended to be applicable to lawyers, accountants and company secretaries who are internal professionals that are employees of other types of businesses, nor to professionals working for government agencies, the BNM said.

PHILIPPINES: SEC sets new guidelines on corporate governance

The ACGR should be a comprehensive report containing all pertinent corporate governance information on a company.

Malaysia to issue up to five licences to new online lenders in 2020

The new lenders will have access to the country’s shared ATM network.

APAC Wealth Migration Trends Heighten Financial Crime Risk

Hong Kong: a decline in regional dominance?

Who's who among China's rising financial czars

The appointments appear to put them in the fast lane as China prepares for a leadership reshuffle in 2022.

The good times are over for Hong Kong’s bankers as their bonuses are crushed by protests, trade war

Many brokerage firms froze salaries and reduced bonuses in early 2009 after the global financial crisis hit the local economy, and the Hang Seng Index plunged.

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.

Legal, Regulation & Compliance