Managers of Wealth Asia Pacific

Accountant on trial for allegedly pocketing $40m

He faces 50 charges of CBT as an agent, which carries maximum sentence of life in prison

SEC reveals framework for ICO portals and tokens

ICO portals must be Thailand-based companies with minimum registered capital of 5 million baht.

Bridgewater gains approval to sell products in China

Bridgewater has around $160 billion under management and has been operating in Shanghai for the past two years

Africa-China Bilateral Trade Volume Reaches $170 billion per annum

Chen said Africa’s debt to her country is economically sustainable and should be no cause for alarm.

HQ capital aims for China’s wealth market with joint venture

The new venture aims to exploit both companies networks to generate synergies between China and overseas markets, particularly with Germany in order to offer clients more investment opportunities.

China grants more QFII quotas

To gradually open the capital account, the government introduced the QFII and RQFII programs in 2003 and 2011, respectively.

Vietnam jails former central bank deputy governor for three years

Vietnam's conservative leadership has targeted the corruption-plagued banking sector with impunity as its sweeping anti-graft campaign picks up steam.

Hong Kong, Abu Dhabi financial regulators ink fintech pact

The deal was signed in Hong Kong by Nelson Chow, HKMA’s chief fintech officer and Richard Teng, chief executive officer of FSRA.

Interpol warrant for Indian diamond merchant to the stars

A red corner notice seeks the arrest or provisional arrest of wanted persons with a view to extradition.

Swiss gov’t seizes luxury cars of alleged 1MDB key player

The report stated that it was not clear as to what extent the cars were paid for with 1MDB funds

U.S. fund claims $175 million from South Korea over Samsung units' 2015 merger

Mason Capital filed a notice of intent seeking a resolution through the Investor-State Dispute Settlement mechanism

Failure of risk governance in the Indian banking system

After the global financial crisis of 2007-08, risk became a major issue for regulators worldwide.

Asia's dealmakers bank on Japan to extend record first-half M&A spree

Asia's pick-up in M&A activity mirrors an upturn worldwide, with global dealmaking totalling $2.5 trillion, up 59 percent year-on-year and a record for this point in the year.

Cash infusion for Central Asia-Caucusus region

It urged financial sector and structural reforms to improve the lending and infrastructure foundation for “full benefits” under the BRI and other cross-border projects.

Indian Deposits in Swiss Banks Increase, But it’s Just the Tip of the Iceberg

Despite making tall promises, Modi govt.’s policies have failed to unearth both offshore and domestic black money.

Record number of firms registered with SFC in Hong Kong

The boom in Hong Kong’s finance industry comes at a time when $16.6 billion of shares changed hands everyday on average in the first five months of the year.

Australia funds seen to target Asia’s rich after new legislation passed

According to Ms. O’Dwyer, the legislation will allow Australian managed funds to become passport funds and sell their products to the other participating countries.

Winsome Diamonds bank fraud case: CBI files chargesheet against Mehta, former CMDs of Canara Bank

The CBI also sought a Red Corner Notice against the absconding jeweller

Asia Region Funds Passport bill good news for industry

APIR is the industry accepted standard identification regime in Australia for collective investment schemes

Baker McKenzie still Asia Pacific’s strongest law brand

Asia Pacific firms accounted for approximately half of the firms mentioned and half of all brand equity in the market.

Legal, Regulation & Compliance