Managers of Wealth Asia Pacific

Pimco wins offshore fund license in Taiwan

Pimco has opened an office in Taipei after receiving approval to distribute its offshore-regulated funds to domestic investors.

China details regulation on central SOEs' asset management

The document detailed 72 responsibility-tracking scenarios in 11 areas, including risk control, fixed asset investment, mergers, restructuring and overseas investment.

Singapore financial firms on alert after hack

Financial institutions across Singapore have been warned to tighten their customer verification processes after the personal details of 1.5 million people were stolen in a cyberattack.

Philippine anti-graft chief and Duterte critic retires

Martires was appointed to the Supreme Court by Duterte last year and has previously voted in support of the president’s controversial policies.

MAS directs financial institutions to tighten customer verification process

Financial institutions are to take immediate steps to mitigate any risks that might arise from the misuse of the compromised information.

Appleby named as a 'leading firm' in the Chambers Global HNW Guide

Appleby's highly regarded Private Client & Trusts group provides trust and foundation services to high net worth individuals, families, and fiduciary companies.

Relocating black stash: From Swiss banks to Caribbean & other havens

Once tax-evaded money or funds obtained through criminal means gets to havens abroad, there is little that the Indian government can do.

Citi Indian wealth unit winding up nears end

The licence has since been surrendered to the regulator as part of the winding-up

Raising the red flag

Five of its US employees have been fired for alleged information-stealing, while its London office is under regulatory investigation over its auditing of the collapsed construction company Carillion PLC.

Appleby Lawyers among Private Client Global Elite

They have been recognised for their contributions and expertise in advising trustees and ultra-high net worth individuals on the establishment, restructuring and administration of trusts

New Zealand govt moves to formally add employment to c.bank's mandate

Employment goal already adopted on a shorter-term basis

Apple investigating growing iTunes credit card fraud in Singapore: Report

UOB explained that it has increased the monitoring of all iTunes spending over recent weeks.

DIFC strengthens commitment to Belt and Road with China Everbright Group collaboration

DIFC chosen as China Everbright Group’s platform for growth during successful UAE-China Week

HKMA joins other regulators in social media trend

Hong Kong’s other financial regulator, the Securities and Futures Commission, does not have a social media presence.

NZ government introduces bill to add employment to central bank's mandate

The proposed changes had been flagged by the Labour-led coalition government that came into power in October.

New Crack Down On Offshore Tax Dodgers Ready For Action

The UK has 64 tax exchange agreements under the common reporting standard.

China steps up regulations on wealth management products

Rules aim to reduce shadow banking risk in $3tn sector

Fugitive Malaysian businessman Jho Low still involved in affairs of his Hong Kong companies

Low, a key figure in 1MDB investigation, signed documents for private equity firm Jynwel Capital and non-profit group Jynwel Charitable Foundation this month.

SECP prescribes risk management, control guidelines for fund management industry

One of the most important risk controls an AMC can have is a risk-conscious culture in which risks are well understood with the ultimate responsibility of supervising overall risk management function rest with risk management committee

The Australian bank customers who lost everything

Amid the scrutiny, thousands of Australians have come forward with stories of losing homes, businesses and their life savings.

Legal, Regulation & Compliance