Managers of Wealth Asia Pacific

Anbang: the downfall of China’s global dealmaker

Prison sentence for Wu Xiaohui is a cautionary tale about Beijing’s control of business

Malaysia to Review Political Representation in Government-Linked Funds

It was not immediately clear if any of them would be affected by the review.

SSS seeks to delay 2nd round of pension hike to 2020

At present, the SSS collects about P15 billion a month from its members, up from P12 million monthly in 2016, but disbursements already amount to a higher P16 billion per month, Dooc said.

JPMorgan Applies for China Venture Control After Dimon Visit

JPMorgan Brokering (Hong Kong) Ltd. is seeking permission to take a 51 percent stake in a local entity

PIMCO partners with data and analytics platform

In mid-March, PIMCO said it is winding down its exposure to Australian banks and certain real estate investment trusts as risks increase in these investments

Australian banking regulator has funding cut despite sector scandals

The funding reduction comes at a time when a Royal Commission inquiry is underway with the task of uncovering misconduct in the financial sector, which in some cases was ongoing for several years before coming to light.

Hong Kong group aims to curb money laundering around Asia

The gambling hub of Macau last year introduced facial recognition technology at ATMs to target the illicit outflows from mainland China.

Leading law firm wins debt market deal of the year

In addition to this accolade, Appleby was also shortlisted for Equity Market Deal of the Year

Law firm Quinn Emanuel files class action against Australian wealth manager AMP

Global law firm Quinn Emanuel filed a lawsuit against Australian wealth manager AMP Ltd on Wednesday, a day before the company’s annual general meeting, complaining of allegations of criminal misconduct that have sent AMP shares tumbling. Quinn Ema

Former head of China's Anbang jailed for 18 years

Mr Wu was first detained in June last year.

Application fees increase for tax advisers

TPB chair Ian Taylor welcomed the additional funding, saying it would ensure the TPB is able to "continue to meet its legislative responsibilities and protect consumers of tax services."

Australia’s biggest bank admits wrongdoing in rate-rigging case

ASIC claimed that CBA “traded with the intention of affecting the level at which BBSW was set so as to maximize its profits or minimize its losses to the detriment of those holding opposite positions to CBA’s.”

OurCrowd and Bangkok Bank Announce Strategic Alliance as Asia Expansion Continues

The collaboration empowers OurCrowd to deliver deeper exposure for BBL’s SME and major corporate clients to Israeli and global technologies.

Hong Kong group aims to curb money laundering around Asia

China has battled to curb capital outflows for years.

Ombudsman investigating Paolo Duterte wealth

The Office of the Ombudsman is currently conducting an investigation on the reported ill-gotten wealth of resigned Davao City Vice Mayor Paolo Duterte, the son of President Rodrigo Duterte.

China to tighten rules on banks' wealth management business - sources

China is in the third year of an ambitious campaign to reduce risks in its financial system stemming from a rapid build-up in debt, which the Bank for International Settlements has warned could lead to a banking crisis.

Crowe Horwath International announces global rebrand of all member firms

Crowe will thrive in a rapidly changing world through our clear strategic vision, new common brand and the commitment of our members.

Law firm Quinn Emanuel files class action against Australian wealth manager AMP

“The class action alleges that, amongst other things, AMP breached its continuous disclosure obligations and made misleading statements, causing shareholders significant loss,”

With FATF deadline looming, Pakistan faces challenges to curb money laundering: Report

A president of a private bank in Karachi believes if Pakistan got placed on the grey-list it would make it very difficult for the country to borrow on international markets

ASIC drags NSW adviser to court

Miller also continued to operate the bank account of CFS Corporation after it was deregistered, ASIC is alleging.

Legal, Regulation & Compliance