Managers of Wealth Asia Pacific

Life in the era of fintech: The evolving story of ASEAN’s banks

Fintech startups are disrupting traditional banking across the globe. How are ASEAN’s banks responding to this crisis of obsolescence?

Bank of Singapore’s Hong Kong CEO on Developing a Greater China Proposition

Tan has been with Bank of Singapore since 2010 and since January 2018 leads the overall strategy to drive the bank’s presence in Greater China and North Asia, with a strategic focus on the Guangdong-Hong Kong-Macau Greater Bay Area.

Australian watchdog to toughen licensing process in financial services

Applicants, who aim to provide certain financial services or operate in specific circumstances, will also come under the purview of new regulations.

Former financial adviser jailed

ASIC said losses to Gibbs' clients came to a total of approximately $4.88 million

VP Bank Eyes China Market Through Hywin Wealth

VP Bank Group offers comprehensive wealth management solutions for private individuals and intermediaries.

APRA Orders A$500m Capital Charge for ANZ, NAB, Westpac

In May 2018, APRA ordered CBA to apply a AUD 1 billion dollar capital add-on in response to the findings of the Prudential Inquiry into the bank.

Two Sydney-based advice firms join forces

The Partners of Minchin Moore are delighted to welcome Cathryn to our Team and feel certain she will play a key role in our future direction.”

Avoiding legal pitfalls in charitable giving in Singapore

Some people prefer to make donations during their lifetime; some prefer for their donations to take effect only upon their passing.

APRA Raises Capital Requirements for Big Banks

APRA has decided to raise total capital at the big four banks by 3 percentage points of risk-weighted assets by 1 January 2024.

Korea FSS Warns Banks of Liquidity Risk at China Units

By the end of 2018, KB Kookmin Bank had provided KRW 875.7 billion (USD 740.5 million) in credit to its China unit, up nearly 70 percent from the previous year.

State Street expands trust services in Singapore

In response to queries on whether it will also be hiring more staff, State Street said that it reviews its resources "on a regular basis" to support clients in Singapore.

An Overview of the Rules and Regulations Governing the Private Placements of Fund Interests in Japan

This article is intended to provide a broad overview of the regulatory framework of Japan in connection with the private placement of fund interests to Japan-based investors.

Hong Kong Monetary Authority Forms Fintech Partnership

The HKMA and ACPR share the view that through closer collaboration with each other

Chinese wealth manager alleges 3.4 billion yuan fraud at Camsing

Camsing, a conglomerate with businesses spanning entertainment and health care, saw its stock plunge 80 per cent in Hong Kong on Monday after the company said its chairman Lo Ching was being held in criminal custody by the Shanghai police.

IRB can track undeclared offshore accounts for taxation

The details of foreign bank accounts are accessible under the OECD’s AEOI system, says deputy finance minister

Validus Capital Applies for Digital Banking Licence in Singapore

Intends to expand their product offering beyond lending

Scandal-hit Indian lender uncovers fresh $550m fraud

New case at Punjab National Bank relates to non-performing Bhushan Power & Steel assets

Hollywood Producer Charged In Malaysia Over 1MDB Scandal

The money was sent to bank accounts of Hollywood production company Red Granite Pictures, which Riza co-founded, according to the charges.

Chief economist update: BOE flips tightening bias to easing

These are, more or less, the same conditions that appear to have changed the Bank of England's tightening bias.

China to Resume Approvals for Domestically Funded Securities Firms

According to Caixin, Dongxing Securities was in 2008 the last brokerage purely owned by mainland investors approved to set up.

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