Managers of Wealth Asia Pacific

Industry responds to latest FASEA guidance

The association said it will petition for the final legislation to prioritise the retention of existing advisers in the same way that it does the raising of education standards.

LexisNexis Risk Solutions Anti-Money Laundering Solution Wins Top Award in Asia

LexisNexis Bridger Insight XG Awarded 'Best AML Solution' in 2017 at Asian Private Banker's Technology Awards

Asia's banks leave room for debt funds to thrive

Australia is limiting bank lending to international buyers of real estate.

The new head of China’s Central Bank faces a delicate balancing act

Its $5.7 trillion in financial assets give it the biggest balance sheet among major global central banks

SFC reprimands and fines UBS Securities Asia Limited $4.5 million in relation to facilitation trading activities

It is also expected to maintain and keep sufficient records to explain its client facilitation business.

Japan Quietly Hosted a Blockchain Roundtable for Central Banks, Regulators

The private meeting was held on March 8 and 9, an FSA announcement confirmed on Monday.

Bogotá Chamber of Commerce looks to Africa, Asia and Middle East for stronger commercial ties

The agreement was signed by Hamad Buamim, President of the Dubai Chamber, and Mónica De Greiff, Executive President of the Bogotá Chamber of Commerce.

Philippines close to joining ASEAN cross-border fund pact

The source declined to disclose the date and venue of the meeting.

Akin Gump Involved in Korean Corruption Scandal Implicating Former President Lee

Longtime client Samsung is alleged to have paid the U.S. firm $3.7 million in legal fees on behalf of another company in exchange for a presidential pardon for group chairman Lee Kun-hee.

Sebi imposes fine on Wasankar Wealth Management, 5 others

"I am of the opinion that entities violating the directions issued by SEBI seriously compromise the regulatory framework and are detrimental to the interest of the investors in the securities market,"

Swiss seize bank accounts amid probe linked to Rio Tinto Mongolia mine

Corruption probe linked to a former Mongolian finance minister who helped clear the way for a disputed Rio Tinto mining project.

Legal battle over $250 million yacht seized in U.S. fraud probe

"We are facing some legal issues that have to be resolved first."

KPMG Singapore implements RegTech applicaton with Lombard Risk

KRIS is a cloud-based regulatory technology (RegTech) offering between the two organizations

China regulators’ merger not seen to affect control of insurance investments

The Chinese government said on March 13 that it plans to form a supervisory agency for the banking and insurance sectors by combining the China Banking Regulatory Commission and the China Insurance Regulatory Commission.

Indonesian banks will see more than 12% loan growth in 2018: regulator

More than 300,000 people have borrowed from fintech firms, with total loan distribution reaching 3t rupiah in Jan

Super industry wants tougher insurance code

As a baseline, super funds endorsing the code pledge to contact members six months after the last contribution is made to combat account balance erosion.

Indonesian banks likely to see more than 12% loan growth this year

Reuters reported that OJK was considering setting a cap on interest rates and the size of loans offered by fintech firms, in a move aimed at minimising the risk of defaults.

StanChart Fined in Singapore for Money Laundering Breaches

Two units fined a total of $4.9 million by monetary authority

Malaysia readies robo-adviser licence

The licence will be issued to qualified fund houses that plan to be involved in automated discretionary portfolio management services.

G20 urged to adopt common regulations for cryptocurrencies

It is understood discussions on cryptocurrencies will take place across both days between finance officials from G20 members.

Legal, Regulation & Compliance