Managers of Wealth Asia Pacific

New Malaysia central bank chief strikes neutral tone on rate

Malaysia was among the first central banks in Asia to raise rates this year with a hike in January.

'You have to drop this': former exec accuses super fund of conflicts

Mr McGougan alleges that AustralianSuper boss Ian Silk tried to get him to drop his “conflict of interest” complaint.

Australia’s CBA accepts fourth fine over pension ‘advice’

In July 2015, ASIC published Report 440, which addresses the potential manipulation of financial benchmarks and related conduct issues.

JPMorgan to sell India fund management arm that targets HNWI

JP Morgan Asset Management is preparing to exit all four remaining investments made from its first India-focused realty fund

Ex-Goldman Banker Succumbs in 1MDB Probe

The German native and Los Angeles resident was nabbed while leaving his home in Austria two months ago, the website reported.

Chinese Bank Hit for Hong Kong Failings

As part of the verification of the genuineness of Fujian Dongya’s sales, CCBIC instructed its lawyers to devise a due diligence plan on the TPP Arrangement.

Swiss Detail 1MDB Probe

Switzerland didn't name any of the individuals, two of whom were linked to 1MDB

Saudi, UAE executives face probe over Malaysia's 1MDB scandal

Swiss Attorney General Michael Lauber says up to $7bn in funds flowed through 1MDB state-own fund in Malaysia.

Praemium inks deal with new $1.2 billion client

Praemium head of distribution Martin Morris said the personalised reporting is made possible by its investor portal allowed adviser to meet investor expectations.

Pension Tension

Reception has been tepid by employers for a voluntary provident fund scheme - the Administration has been urged to try everything to engage bosses and transform the scheme into a mandatory one

Advised life beats group, claims ClearView

Swanson said one of the advantages claimed for group life cover was that it was often less expensive than retail

Mauritius funds likely to shift to Singapore for India investment

Entities owning 10% stake or more in funds originating from high-risk jurisdictions would be considered BOs

Top China regulator warns against ‘mythologising’ blockchain technology

Regulator’s remarks echo official government stance of cautious welcome for blockchain, while playing down cryptocurrencies

Hong Kong woman loses HK$10 million in ‘black money’ scam

In April, the man told Ma to safeguard money belonging to him, worth US$1.5 million, and set up a meeting on the mainland with his friend.

Citizenship for sale: Millionaire migrant visas boom

Overall, the case for retaining the Significant Investor Visa and Premium Investor Visa streams is weak and the Government should abolish these visas

Why China’s high-income earners dread the new tax law that will come into effect in January

Concerns grow over policies on bonuses and the 45 per cent levy on high-income individuals

Four Asian Banks Get Clearance To Open Branches in India

RaboBank has, however, received all clearances from the authorities and could soon receive final approval to open its second branch in Gurugram.

NZ Central Bank Tightens Capital Adequacy Rules to Tackle Risk

All banks must have 'enough skin in the game' to truly focus on enterprise risk management, responsible lending, and the ability to weather all events.

Goodbody Stockbrokers prepares to unveil Chinese tie-up next week

Roy Barrett to remain at Goodbody helm following takeover worth about €150 million

Strengthening Trust in the Financial Advisory industry

We have worked with the industry to co-create the key principles to guide the design of a good advisory and sales form, and recently consulted on our proposals.

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