Managers of Wealth Asia Pacific

Ping An Bank Hong Kong Branch granted insurance agency license

In this age of digital transformation, the way investors conduct trading, consulting and acquiring information have changed.

APRA publishes assessment of macroprudential settings

Macroprudential policy is an important feature of APRA’s toolkit.

ASIC launches first Court proceedings alleging greenwashing

These statements marketed the Sustainable Plus options as suitable for members who ‘are deeply committed to sustainability’ because they excluded investments in companies involved in carbon intensive fossil fuels like thermal coal.

China banking tycoon Bao Fan 'cooperating with investigation'

The firm did not provide further details about the nature of the investigation

Incoming BOJ chief Ueda says current low rates appropriate

“Japan’s trend inflation is likely to rise gradually. But it will take some time for inflation to sustainably and stably achieve the BOJ’s 2% target,”

UBS Applies For Fund License in China

A UBS spokeswoman declined to comment to the «WSJ».

Fidelity receives nod to launch China retail fund

Following in the footsteps of Neuberger Berman

China central bank asks banks to slow lending in February

Chinese banks are under pressure to accelerate credit support to prop up a slowing economy

Japan’s key yield rises above BOJ cap on policy tweak bets

Ayako Sera, a market strategist at Sumitomo Mitsui Trust Bank, said that the higher yield was driven by “speculation of a change to yield-curve control”.

Tender for the re-opening of 10-year Government Bonds under the Institutional Bond Issuance Programme to be held on Wednesday, 1 March 2023

Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, the Refinitiv screen (HKGBINDEX), and Bloomberg (GBHK <GO>) not later than 3:00 pm on the tender day.

ZEDRA completes rebrand of US and Curaçao based fund services provider, Atlas Fund Services

Reflecting ZEDRA’s ambitions for the US and LATAM market and commitment to becoming an international leader in the funds services industry.

China Ratchets Up Bank Risk Management Rules

In other words, a very specific tome for a particular species of financial industry treasury specialist.

Bank of Japan kicks off CBDC pilot

The trials will entail simulated transactions with retailers and consumers alongside the establishment of a CBDC forum with private sector institutions in the payment space.

SFC consults on proposals to regulate virtual asset trading platforms

The SFC intends to publish lists on its website to inform the public of the different regulatory statuses of VA trading platforms

ASIC to expand enforcement focus areas in the coming year

ASIC Deputy Chair Sarah Court said the actions taken during the final quarter of 2022 reflect ASIC’s continuing strategic priorities and enforcement priorities.

Japan’s Kishida says Ueda is most fit to lead Bank of Japan

The government named academic Ueda as its pick to become next central bank governor on Tuesday.

Workplace discrimination laws proposed in Singapore

The proposed rules will seek to provide recourse against workplace discrimination and appropriate penalties for breaches.

Philippine lawmakers pass bill to allow civil servants to retire at 56

They can opt to quit working, receive their benefits, do other activities, and enjoy life in retirement with their loved ones even before they become senior citizens.

Baker Tilly records revenues above $1 billion across Asia Pacific

At the global level, Baker Tilly also grew its headcount by 4.5 percent to above 40,000 professionals in more than 700 offices worldwide, in part driven by the admittance of new member firms and a number of international acquisitions

Labuan IBFC and SBF to jointly host masterclass on Labuan International Business and Financial Centre

The masterclass will showcase Labuan IBFC’s sectoral offerings and services

Legal, Regulation & Compliance