Managers of Wealth Asia Pacific

China and Britain to discuss 'top notch' free trade deal

Britain has pushed a strong message to Chinese companies that it is fully open for business as it prepares to leave the EU next year

Australia inquiry finds pension funds broke rules

The Royal Commission inquiry into financial services misconduct began earlier this year

Bank of Baroda looks to sell subsidiaries in Ghana, Trinidad and Tobago

Bank of Baroda selling its subsidiaries in Ghana, and Trinidad and Tobago, is seen as part of a strategy to rationalize international operations

China to block more than 120 offshore cryptocurrency exchanges as crackdown escalates

China is poised to block more than 120 foreign cryptocurrency exchanges as part of the government’s broader crackdown on activities related to digital money, according to state media. Authorities will block access in China to 124 websites operated

‘Wilful defaulter’ Winsome Diamonds diverted $750 million to dummy companies, says probe

The dummy companies then routed these funds to an entity called Docklands Investment Ltd.

Fintech Without Borders: Regulators Consult on Global Financial Innovation Network

The Consultation builds on the FCA’s proposal earlier this year to create a “global sandbox” for innovative financial services firms.

Ogier shortlisted for best in offshore in Asia-Pacific Dispute Resolution Awards 2018

The awards ceremony will be held on September 20 at the Island Shangri-La in Hong Kong.

Fieldfisher has expanded its Chinese operations

The new partners include Zhongran Lian who specializes in commercial arbitration and litigation with over 30 years of experience advising both state owned and private companies.

KPMG chairman Alison Kitchen against 'name and shame' over audit quality

Ms Kitchen also reaffirmed her view that the firms should not be broken up.

Malaysia, China in deal to cooperate on accounting, audit

The deal will help the countries benefit “in areas of mutual interest relating to accounting and auditing", Securities Commission Malaysia says in a statement on August 20.

Indonesia’s Bank Mandiri is on track to list its Islamic finance unit in 2020

The Islamic bank is seeing 16% to 17% growth in savings, triple the pace at conventional banks, he said.

Legal tech project recruits big City firms

Among other participants are nine small and medium-sized local law firms, two corporate counsel and nine legal tech companies.

Tech firms could become top shareholder of Internet-only bank: regulator

Choi also said that big companies in non-technology business sectors would be banned from becoming a top shareholder of an Internet-only bank.

Discriminatory bank regulation hits super savings

The research, commissioned by ANZ, estimates the average industry or retail super fund member is missing out on an additional $12,000 in retirement as a direct result of bank liquidity regulation.

Super funds cop governance grilling

"What has been exposed is a blinkered focus on financial risk at the price of ignoring conduct risk," he says.

Bank Of China And UnionPay Teamed Up To Develop A Payment Solution Based On Cryptocurrency Technology

The two institutions, the Bank of China and UnionPay, have achieved remarkable joint results in the areas of bank card issuance and product innovation.

Updates to China’s negative list

A negative list was first rolled out in the Shanghai Free trade Zone in 2013 and was subsequently extended to the other FTZs.

Australian commission spotlight less kind to retail super funds than to industry funds

The spotlight was less kind to bank-backed retail super funds.

Bank of Thailand governor strikes hawkish tone as GDP gains 4.6%

Thailand can’t go against the global trends in interest-rate policy, he said.

Alleged head of BitConnect cryptocurrency scam arrested in Dubai

BitConnect has been accused of operating an exit scam after duping investors out of millions of rupees.

Legal, Regulation & Compliance