Managers of Wealth Asia Pacific

DFSA extends MoU with Chinese regulatory body CBIRC

The initial MoU, signed in Beijing on 24 September 2007, facilitated co-operation and information sharing between banking supervisors.

State Bank of Pakistan fines HBL over non-compliance of regulatory requirements

This is not the first time the central bank has fined HBL.

Strong endorsements for Carey Olsen's Bermuda, BVI and Cayman Islands practices in Legal 500

Lawyers and teams from across Carey Olsen's Bermuda, British Virgin Islands (BVI) and Cayman Islands offices have been recognised in the 2020 edition of Legal 500 Caribbean. In total, 24 of the firm's lawyers have featured in this year's ra

As recession takes hold, Hong Kong banks worry about risk of easier mortgage rules

But as the protests take a heavy toll on the special administrative region's economy, banks fear a deepening recession, unemployment and bankruptcies, which could make it hard for borrowers to pay them back, two bankers said.

Hong Kong protests prompt Citigroup to warn employees to avoid 'dangerous situations' after banker arrested

An officer accuses him in Cantonese of illegal assembly and says he is being arrested. The man tries to walk away and eventually to run away.

Japanese giant acquires Hunt, grows multifamily banking business

The commercial real estate lender offers the full range of Fannie Mae, Freddie Mac, and FHA financing, as well as proprietary bridge, term, and subordinated products.

Philippines National Security Adviser warns of threat Crypto presents to CFT

Terrorist entities using the threat of or carrying out of kidnapping to extract ransom fees or to raise funds through extortion allows organisation to fund themselves or facilitate terrorist attacks.

SFC fines UBS for Overcharging Clients and related Internal Control Failures

UBS has undertaken action to compensate clients that have been affected by instances of overcharging, with the bank repaying the full amount that has been overcharged with interest, totalling an approximate value of HKD200 million.

Fearing capital flight, Hong Kong eyes tax breaks for the rich

Territory's $1.5 trillion wealth industry lobbies for help amid the protests

New Zealand: Tax evasion and money laundering linked to freezing of 15 Gisborne properties and $10m

He boasted to an undercover police officer about owning a large number of properties in New Zealand

Despite liquidity Chinese issuers face challenges

Easing measures have helped further grow China’s onshore bond market but some issuers may still not get financing

MAS to Establish Singapore as a Leading Centre for Green Finance

This will help to support the Singapore financial centre in promoting environmentally sustainable projects and mitigating climate change risks in Singapore and the region.

Canadian Securities Regulators and MAS Strengthen Cooperation in FinTech

The agreement sets out the framework of collaboration between the CSA members and MAS.

MAS, Deloitte, S&P Launch Fintech Investment Research Platform

This limits their view of all the companies in which they might deploy capital.

British-Era Indian Accounts Lying Dormant in Swiss Bank, No Claim For Crores

India is among 75 countries with which Switzerland's Federal Tax Administration has exchanged information on financial accounts within the framework of global standards on AEOI .

Appleby advises China Tianbao Group Development on its global offering and main board listing on the Hong Kong Stock Exchange

The team was led by Counsel Vincent Chan and assisted by Associate Huiyan Liew of Appleby’s Hong Kong office.

Legal, Regulation & Compliance