Managers of Wealth Asia Pacific

More foreign AMs get onshore licences

Hong Kong-based Zeal Asset Management and New York-headquartered Two Sigma Investments have obtained IM WFOE licences.

Regulators say they will muscle up against banks after royal commission highlights failings

A lot of APRA focus over recent years has been on making sure entities are solvent, have the right liquidity," he told a lunch hosted by financial services industry body FINSIA.

‘Complex product’ regulations could limit HK distribution

Some distributors in Hong Kong may avoid ‘complex products’ because of the added risk of being non-compliant

Singapore-based US banks beef up cybersecurity roles

They have the best teams, with different specialisations around cyber security technologies, both on defence and intelligence,” a Singapore-based cyber security expert told efinancialcareers.

FPA fines Henderson $50k

The FPA is committed to standing with Australians for a better financial future and enforcement of the FPA Code is an important aspect of that commitment."

Japan’s Banking Giant MUFG Signs MoU to Develop Ripple-Based Remittances to Brazil

“The new payment system [...] will assist the banks as they work toward commercializing a high-speed, transparent and traceable cross-border payments solution between Japan and Brazil,”

Innovate Finance and Singapore FinTech Association sign MoU

This agreement is representative of Innovate Finance’s continued support for both business and regulatory alignment between international FinTech Hubs.

UAE, Singapore among eight exemptions in IoM disclosure change

Singapore and the UAE, alongside Argentina, South Africa, the EU and Qatar, Hong Kong and the UK are exempt by the Isle of Man from providing Key Information Documents (Kids) to clients that would fully disclose all fees and charges directly related to in

Goldman Sachs to be Banned in Malaysia? Mahathir Drops Strong Hint Top U.S. Bank May be Blacklisted After 1MBD Fiasco

Mr Mahathir has also refused to rule out banning Goldman from Malaysia.

Suruga Bank sues former management team for $30m

Japanese lender seeks to reform corporate governance after massive loan scandal

Singapore central bank, partners create DvP prototypes for tokenised assets

MAS and SGX unveiled news of the prototypes in a joint statement on November 11, less than three months after the five-way partnership was announced on August 24.

Korea Post Insurance seeks managers for US$150 million Chinese equity mandate

Applications for the China equity mandate will be open until November 16

Maybank Asset Management and Schroders enter strategic partnership targeting Malaysian wealth market

Collaboration draws on strengths of two powerhouses, to co-develop range of specialist investment solutions

Astana Financial Services Authority, Astana International Financial Centre Authority and Monetary Authority of Singapore sign Co-operation Agreement to boost fintech ties

The Cooperation Agreement was signed by Mr Mukhtar Bubeyev, Acting Chief Executive Officer of the AFSA, Mr Nurlan Kussainov, Chief Executive Officer of the AIFCA, and Mr Sopnendu Mohanty, Chief FinTech Officer of MAS.

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