Managers of Wealth Asia Pacific

Reserve Bank shuts tap on new bank licences for three years

The central bank wants all the new players who have got licences in the last 3-4 years to stabilise, and see how they are progressing

Macquarie fined for negligent trading

The MDP had reasonable grounds to believe that Macquarie contravened the market integrity rules that deal with the provision of regulatory data to ASX and Chi-X.

Why foreign investors should not overlook China’s exchange ABS market

China’s ABS exchange market holds some distinct advantages, such as no restrictions on the use of proceeds, but nevertheless remains limited in access

SGX RegCo Eyes Greater Enforcement, Whistleblower Protection

In a speech at the SGX Regulatory Symposium on Friday (31 May), Tan said that a “disclosure-based” regime, where wrongdoing comes to light when disclosed, has led to weaker market discipline in Singapore given a “less litigious” cu

Appleby Wins Best M&A Advisor At The Wealthbriefing Asia Awards In Singapore

The awards recognise achievement and showcase top class performance and innovation in the private wealth sector.

SHC judge declared UK properties, but not value: reference

He filed his declarations for the tax years 2015, 2016 and 2017, but did not disclose his property in Kent.

Who's who Legal Awards

Celebrating the World’s Leading Lawyers

Singapore Banks Well Positioned for Final Basel III Rules

The operating environment and bank profitability are expected to remain stable, despite an economic slowdown, and asset quality, funding and liquidity will remain strong, the report said.

NAB names firms that allegedly transferred money to Sharifs

The six Dubai-based companies were identified as Al-Hussain Exchange, Al-Zaruni Exchange, Multi-net Trust Exchange, RMU Global Exchange, Reems Exchange and Karim Money Exchange.

Blackstone to Buy U.S. Logistics Assets from GLP for $18.7 Billion

Deal will be the largest-ever private real estate transaction globally

Automatic exchange of information: What’s in it for the Philippines?

AEOI was conceptualized to promote tax transparency and curb tax evasion.

Ho Chi Minh City calls for investment to build $210 million financial hub

Compensation payments for the land have been made, the department said.

$170,000 damages for ‘sinister’ sexual harassment

Catherine Hill, who was admitted to legal practice in April 2015, began working for Mr Hughes the next month as a paralegal.

Freedom closes Spectrum Wealth Advisers

Freedom said that Spectrum had today begun issuing notices to its Authorised Representatives terminating their agreements and advising that no further business should be carried on under the agreements.

Consolidation hits super fund administrators

Part of the new law requires the ATO to sweep inactive superannuation accounts

Court throws out Aurora fund takeover bid

The January 15 vote was successful according to Primary, but Aurora refused to recognise it, saying not all unitholders were given enough notice.

AMP hit with class-action over super fees

AMP subsequently lost its chairman and chief executive officer, haemorrhaged billions of dollars in funds and was slapped with lawsuits.

One in three tax advisers unregulated by professional bodies

Although HMRC has no regulatory powers over tax agents, a catch-all which includes accountants, bookkeepers and tax advisers, the government strongly recommends that tax agents adhere to the Professional Conduct in Relation to Taxation

New framework for funds recognition established by Dutch and Hong Kong regulators

“The new arrangements will lead to smoother operations in areas such as information exchange, regulatory cooperation and ultimately the authorisation of funds,” said ZEDRA Hong Kong Managing Director, John Ashwood.

1MDB corruption fugitive Jho Low implicated in YG Entertainment K-pop sex scandal

The Munhwa Broadcasting Corporation's program Straight alleged that Mr Yang had arranged sex workers for two South-East Asian investors in July 2014 at his NB nightclub in Seoul.

Legal, Regulation & Compliance