Managers of Wealth Asia Pacific

The US$144 million in dirty cash that no money launderer in China would touch

Shenzhen official Li Huanan offered up to half of his haul to any underground banker willing to move his illicit fortune abroad – but found no takers

Singapore bank forecasts 20 basis points rate hike by BSP

Inflation remained elevated at 6.7 percent in October and averaged 5.1 percent in the first 10 months of the year.

SECP taps top institutes to develop Islamic capital markets

The SECP has taken many initiatives for capacity building and awareness creation in Islamic finance and has arranged a number of sessions in collaboration with leading universities and professional institutions, the statement said.

Ghosn suspected of buying overseas houses via tax haven

The special investigation squad of the Tokyo District Public Prosecutors Office is investigating the case.

NAB first to face royal commission in final week of hearings

Mr Thorburn will be the first witness called on Monday, and the commission is expected to grill him over the bank's fees for no service scandal, in which it took fees for advice that was never provided.

National rules out new taxes in its first term

Bridges says Kiwis are paying too much tax, and this Government's piling more on.

Regulator steadily opens financial sector

The regulator also allowed Chiyu Banking Corp Ltd, a licensed bank in Hong Kong, to make preparations to set up a branch in Shenzhen, Guangdong province.

Chinese big spenders are curbing their offshore property shopping as tougher capital controls bite

A litany of political factors are also weighing on Chinese interest in London, New York and Sydney, adding to the effect of capital curbs

1MDB probe shifts focus to extent of Goldman's role

Authorities question if scandal points to companywide corruption

No more fake Fidelity or bogus Buffett: China bars new copycat fund names

The rules, which AMAC said are aimed at promoting orderly development of the private fund industry and protecting investors, come as Beijing accelerates opening of its fund industry to foreign asset managers.

Singapore’s Asset Management Industry Surges

The number of registered and licensed fund managers in Singapore increased by 55 in 2017, bringing the total number to 715.

China Huarong seeks to erase name of former chairman

Offer to swap share certificates bearing Lai’s signature after his arrest on corruption charges

Where are the BOJ exit speculators now?

As we come closer to the end of 2018, Japanese measures of inflation has remained just about where they were at the beginning of the year.

Japan’s MUFG in Ongoing AML Probe by New York Regulators

The switch to a national charter was made for efficiency reasons, according to MUFG.

Former AGM director banned from financial services for 8 years

Until 3 April 2018, Mr Ashkenazi was the only Australian resident director, and was the Chief Executive Officer of AGM

Taiwan’s BLF opens tender for US$1.5 billion multi-factor mandate

The tender is open until December 24, and the BLF’s investment committee is scheduled to hear the first round of presentations from asset managers in March 2019.

Fugitive Chinese tycoon Guo Wengui ‘has US$1.1 billion of assets frozen by Hong Kong court’

Court order on October 23 ‘prohibiting sales of 510 million shares of Haitong International’ awarded to government prosecutors

Singapore bourse inks deal to promote China bond indices

SGX Chief Executive Officer Loh Boon Chye describes the strategic partnership as a "further strengthening of financial ties between Singapore and China".

Philippine Congress moves a step closer to expanding Islamic banking

Establishment of more Islamic banks in Southeast Asia and the Middle East will benefit more than 10 million Filipino Muslims

FASEA releases draft degree requirement legislation

The authority also outlined limitations on recognised prior learning (RPL), to be applied on a case by case basis by higher education providers.

Legal, Regulation & Compliance