Managers of Wealth Asia Pacific

Singapore to raise retirement age reflecting global trend

Countries around the world are increasing retirement ages as they face demographic pressure and slowing economies

NAB obtained evidence from UAE against Zardari money laundering

The arrest warrants against Nasser Abdulla have been cancelled; however, the final decision on his plea to become the approver will be made by NAB Chairman Justice (r) Javed Iqbal.

ANZ, NAB to call for clarity at lending inquiry

Representatives from NAB and ANZ will speak at a public hearing in Melbourne on Monday held by the Australian Securities and Investments Commission regarding its revised Regulatory Guide 209

Goldman’s Star in Hong Kong Turns Into 1MDB Scandal’s Enigmatic Man

Now as the U.S. weighs how to handle Goldman Sachs, Vella is the mystery man to watch.

Woori, Hana Bank face inspections for mis-selling allegations

The DLFs that have come under scrutiny are those comprised of DLS products that have been tied to yields on Treasury bonds of Germany, the U.K. and the U.S.

The way back to black: Saving a sinking company is tricky in a sea of divergent interests

Sometimes, these companies are just collateral damage in a sector downturn - for instance, the 2015 oil price rout that claimed companies such as Swiber Holdings, Ezra Holdings, Pacific Radiance and Technics Oil & Gas as hapless victims.

NZ Inland Revenue lays out ruling on how to pay staff in cryptocurrency

There will be strict rules, and different types of cryptocurrency will be taxed differently.

Hong Kong Faces New Threat as Chinese Companies Reconsider IPOs

Another banker said at least two companies are considering the same move for IPOs worth a combined $1 billion, adding that final decisions will depend on market conditions and whether the turmoil in Hong Kong eases.

CRS reveals Australians holding $100bn in offshore accounts: reports

The CRS exchanges financial and tax-related information between states that includes account balances, names of account holders as well as any income accrued from investments, dividends or asset sales.

ASIC bans adviser again

This was in conjunction with an undertaking from Aujla not to provide financial services, apply for either an Australian financial services licence or become an authorised representative of an AFSL for the full period.

Government fund seeks investment manager

ABSF will aim to lend $2 billion over time to lenders providing loans to small and medium business owners.

Partner got huge secret pay-off after accusing Clifford Chance of doctoring his appraisal

He also alleged that the report included other justifications for reducing his pay which were never presented to him during his appraisal, said a source.

Hong Kong Regulator Probes Citic for Offshore Financing

In an inquiry, Citic Bank International said there were no investigations into its offshore financing activities, adding that it always operates in compliance with relevant laws and regulations.

The Macallan ALB Hong Kong Law Awards 2019

The firms leading the nominations are Baker McKenzie, Herbert Smith Freehills, King & Wood Mallesons, and Mayer Brown, with all of the finalists in more than 15 categories.

MAS slaps ban on 3 Singaporeans jailed for insider trading

They are also prohibited from taking part in the management, acting as a director or becoming a substantial shareholder of any capital markets services firm under the SFA

Lux Realtor: Hong Kong’s Wealthy Fleeing to Avoid China

Mermelstein’s underlined that some of his Hong Kong clients were first-generation mainland Chinese immigrants seeking stability but are now keen to distance themselves from China to protect their wealth and families.

OnePath enhances OneView Life

OnePath head of propositions and group life Gerard Kerr said the changes show OnePath is serious about investing to ensure a solid partnership with advisers.

Carey Olsen shortlisted for two offshore awards in Asia

Winners of the China Law & Practice Awards will be announced at a ceremony at Kerry Hotel Beijing on Thursday 19 September

Eastspring set to buy Thanachart Fund Management

It will be the second purchase of a Thai asset manager within a year by the Singapore-based firm.

Hong Kong’s financial technology is getting traction

In fact, Hong Kong is one of the five ecosystems with the fastest-growing number of startups in the world.

Legal, Regulation & Compliance