Managers of Wealth Asia Pacific

Singapore central bank works on guide to avert data misuse

The central bank is working with key financial industry stakeholders, including banks, insurers and asset managers, on the guide, which will be ready by the end of the year.

Japanese banks to gain easier access to Hong Kong currency

Central banks' settlement system link paves way for JGBs as collateral

HSBC to expand further in China, cut red tape under new management team

Tucker, who took over as chairman last October, has already cut the lender’s board from over 20 people down to 14

ASIC slaps fines on Spaceship and its trustee

Spaceship trustee Tidswell Financial Services was expected to supervise the fund's promotion, ASIC said.

US pension funds in CBA class action

Phi Finney McDonald director, Odette McDonald said their class action is therefore open to a greater number of investors.

Singapore activates three new Automatic Exchange of Financial Account Information relationships

AEOI deals with the challenge of taxpayers operating cross-border but tax administrations remaining confined to their national borders, by providing an open international architecture.

Financial compliance in Singapore is the ninth easiest in the world

TMF Group’s rankings places most complex locations near the first place and the least complex locations near 94th place.

BSP leads drive to a cash-lite economy

Now, the central bank’s more than 3,000 employees in its headquarters in Manila will experience the convenience and value of going digital when paying with their mobile phones through PayMaya QR or using the PayMaya card.

Bank of India gets UAE central bank’s approval to close Dubai branch

The public sector bank has identified nine foreign branches /subsidiaries/ representative offices for closure.

Trading Blows by Gary Dugan

Trade wars reflect two bigger geopolitical challenges facing financial markets, the rise of populism and a shift to multi-polar economic and political leadership in the world.

FASEA consultation could sway retirement outcomes

At the framework's foundation, Challenger believes targeted financial advice is also needed to ensure older Australians experience the best possible outcomes in retirement.

How a change in strategy is putting Cayman on the map for Japanese institutional investors

The trustee’s responsibility is directly owed to the beneficiaries (i.e. investors) collectively, in contrast to a corporate structure where the directors owe duties to the company as a whole.

Indonesia's new bank rules aim to spur credit growth

Central bank hopes to hit double-digit growth by giving banks more flexibility to manage excess liquidity

Lawyers slams life insurers in Royal Commission

The law firm detailed a number of cases in its submission whereby super funds and insures breached their claims obligations and named the "main culprits" - the "worst" being AIA, CommInsure and TAL.

Walkers (Hong Kong) Acts on iQiyi's and Bilibili's Nasdaq IPO

The deal was led by Hong Kong Partner Amelia Hall and Senior Associate William Lee.

ANZ to Pay for Wealth Flaws

As part of the enforceable undertaking, an independent expert will be appointed to provide an assurance ANZ has delivered the documented client reviews since 2014

Bollywood shudders at Salman Khan's sentencing

In the past decade or so, Salman has mega hits like "Ek Tha Tiger" and its sequel "Tiger Zinda Hai", then "Dabangg" and "Dabangg 2", besides "Sultan" and "Bajrangi Bhaijaan" among several others

India: Multiples PE invests $11.2m in Sanctum Wealth Management

The deal is subject to regulatory approvals, the company said in a statement.

Philippine c.bank says will review "measured policy response" on inflation

The consumer price index rose 4.3 percent from a year earlier

FASEA standards still lacking: FPA

At this stage, Kendall believes the education standard "does not give sufficient recognition to financial advisers who have completed a degree and undertaken additional studies in financial planning."

Legal, Regulation & Compliance