Managers of Wealth Asia Pacific

Japan FSA Grants Client Clearing Licence to HKEX

Apart from Japan, OTC Clear is also recognised by authorities in the US, European Union, and Australia to offer clearing services to their financial institutions.

Singapore Fund Managers See Opportunity in ESG Investing: IMAS

Top concerns: For 2020, nearly eight in ten (79%) respondents flagged the further deterioration of US-China relations as a top concern, followed by very weak global growth (66%) and weakening growth in China (53%).

SFC Provides Licensing Guidance for PE Firms, Family Offices

The SFC’s Licensing Handbook published in February 2019 states that a PE firm may be required to be licensed for one or more types of regulated activities depending on the types of business it conducts in Hong Kong.

ASIC bans former Charter, NAB adviser

He has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision.

1MDB Mastermind Pleads Case

Jho Lows's holdings – which include fine art, a $35 million Bombardier private jet, and a $250 million luxury yacht – were confiscated.

MLC Life Insurance under review

Nippon said deteriorating conditions in the Australian life insurance industry are to blame for the challenges facing MLC.

Fiona Chan named in China Business Law Journal's Prestigious A-List

Fiona has almost 20 years of offshore and onshore experience in the Asian market.

Taiwan Easing Rules to Encourage More Domestic Investment

The FSC will announce which banks qualify in March.

Philippine lawmaker files virtual banking bill

The opportunity for regulation is clearly now, when the industry is yet to go in full swing

Switzerland sends notices to Indians for trusts arrange in tax havens

The Cayman Islands-based trusts named in such notices come with The P Devi Kids’s Agree with, The P Devi Agree with, The Dinod Agree with and The Agarwal Circle of relatives Agree with.

Neuberger Berman readies another onshore fund

Onshore fund launches continue, with NB receiving approval for its fifth local fund for sale via the private fund management channel.

Black money probe: Tax haven trusts come under scanner for Swiss bank accounts

Several individuals who are suspected to have moved abroad after evading taxes back in India are being probed and their banking details are in the process of being shared by the Swiss authorities with their Indian counterparts

PBOC pledges financial support for small firms

China's central bank will improve the incentive mechanism for lending to such companies, it says

China To Promote The Growth Of Cross-platform Financial Blockchain Services

The SAFE-built platform is not the first time the Chinese Government made an effort to create a blockchain-based financial trade service platform.

Carey Olsen to move to larger offices in Hong Kong as the firm's Asia offering continues to grow

The new offices will accommodate the 12-strong team as well as the firm's plans for further expansion in 2020.

SMSF adviser hit with ban

Blazejczyk was not only the beneficiary of the SMSF administration services he recommended but the investment manager of Bateau Global Opportunities Fund.

Hong Kong Securities And Futures Commission: Court Convicts Unlicensed Fund Manager

Yau pleaded guilty and the case was adjourned to 16 January 2020 for sentencing.

Prudential Inks Bancassurance Pact With Vietnamese Bank

Prudential Vietnam Assurance Pvt Ltd, a unit of Prudential, has entered into a 20-year partnership agreement with Southeast Asia Commercial Joint Stock Bank.

China vows to ‘win’ battle against mounting financial risks

Its financial market faces a pivotal year as it opens to full foreign ownership.

HSBC walks tricky political tightrope between Hong Kong and Beijing

HSBC has vowed to restore the iconic lions to their former glory.

Legal, Regulation & Compliance