Managers of Wealth Asia Pacific

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."

Japanese and Swiss regulators ink fintech pact

This Cooperation Framework recognises the global nature of innovation in financial services and intends to enhance the relationship with FINMA on FinTech.

TrueMoney awarded Vietnamese payment services license, launches TrueMoney Wallet

TrueMoney has a network of more than 5,000 agents across 40 provinces in Vietnam.

China steps up crackdown on online asset management sector: sources

News of the central bank examination comes as the market is waiting for the People’s Bank of China to release the final version of new rules for asset management businesses as part of widening crackdown on risk in China’s financial system.

Burden of rescuing failed banks in Singapore likely to rest on MAS, shareholders: Moody's

This allows creditors to get paid, but dilutes existing equity holders and exposes the rescuer to ownership risk.

Executive pay structure still fuels risk-taking: APRA

APRA trawled through three-year remuneration data of about 280 employees holding senior roles at 12 regulated institutions.

CBA backs 'four pillars' ban on bank mergers

It is the only major bank so far to publicly back the four-pillars policy in its submission to the Productivity Commission, despite this being one of the recommendations in the PC's draft report.

Dubai-based cryptocurrency sued by Chinese giant Alibaba

Company behind Alibabcoin subject to legal action in New York which seeks damages over trademark infringements

Avista founder denies business dealings with ICICI Bank

Rajiv Kochhar said he or his firm Avista Advisory Group does not have any business arrangements with Chanda Kochhar’s ICICI Bank, after BJP leader Subramanian Swamy alleged so on Twitter

New law requires ASIC to consider competition

The government accepted this recommendation in October 2015.

India's Central Bank Is Set to Keep Bond Market Party Going

Rates likely to be on hold, but MPC could flag inflation risks

BSP to adopt 2 regulatory technology solutions this year

Fonacier said the R2A project is fully funded by the United States Agency for International Development, Bill and Melinda Gates Foundation, and Omidyar Network.

Global accounting firm hit by Hong Kong High Court in US$400 million China Medical fraud

The firm was placed into liquidation in 2012 by courts in the Cayman Islands, New York and Hong Kong, following accusations the NASDAQ-listed firm was a fraud. Read more at https://www.channelnewsasia.com/news/business/kpmg-hit-by-hong-kong-high-court-in-

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