Managers of Wealth Asia Pacific

FSS in conflict with Hana over DLF document deletion

The data deletion was discovered after the FSS announced the results of its inspection on Oct. 1

Plans for ‘offshore renminbi Nasdaq’ in Macau submitted to Beijing

Official involved in submitting proposal to central government says he hopes plan might be approved as a ‘birthday gift’ on 20th anniversary of city’s return to Chinese administration

Australian PM's office accidentally sends confidential document to journalists

The 8,200-word document said that if asked about the International Monetary Fund climate change report which claims Australia may not meet it's 2030 target

Individual banking agent licences studied

BoT attempting to raise financial access

Singapore's Temasek rules out investment in Saudi Aramco IPO

But Temasek's focus on sustainability and environmental, social and governance principles made it more difficult to support Aramco's share sale, the people said, asking not to be identified because the discussions are private.

ANZ bank to pay $682m to customers it ripped off over 10 years

Charge increases pressure on Westpac to reveal whether its compensation costs have risen

Thai regulator to bar sale of junk bonds to small investors in proposed rule changes

Among other things, it’s proposing that unrated bonds and non-investment-grade debt should only be offered to institutional investors and to the issuer’s directors and executives.

Former NAB adviser sentenced

Using their confidential information, Eung created false bank accounts in the names of his clients and withdrew their funds from those accounts, impersonating his clients in the process.

China Could Be the Big Winner of Saudi Arabia’s Race to Become a Tech Hub

Beijing is a natural partner to fast and cheap development, but Riyadh should be wary of alienating its allies.

Climate lawsuit increases pressure on responsible investing

Mark McVeigh’s unprecedented action, which is before the Federal Court this month,

SFC Details Rules for Virtual Asset Fund Managers

Among other things, the SFC had announced that terms and conditions would be imposed on licensed corporations which manage or plan to manage portfolios with a stated investment objective to invest in virtual assets

India gets first tranche of Swiss account details

Data will be useful to establish strong prosecution case against those with unaccounted wealth in form of investment in securities or other assets

Judicial pen pals? Not this time

The case raises the issue as to what extent subpoenas may be issued locally against Cayman Islands affiliates of foreign companies, in order to avoid having to act against the foreign company directly in a foreign court.

Attack on JPMorgan banker in Hong Kong sparks outrage in mainland China

Angry reaction to video of incident, including one commenter saying the behaviour went against the push for freedom and democracy in city

Vietnam to promote trade and investment in Romania, Bulgaria

Members of the delegation include representatives of the MOIT (Trade Promotion Agency) and 20 businesses with strong export capabilities in the fields of agro-fishery, food (dried fruits, tea, coffee, milk, tinned and frozen fishery products), mechanical

Legal, Regulation & Compliance