Managers of Wealth Asia Pacific

China puzzle unravelling for iFAST

Financial culture and regulatory issues are not deterring investment platform expansion plans.

FinTech Australia Tells Aussie Government it is Time to Act on Legislation to Empower Private Company Equity Crowdfunding

Australia enacted new crowdfunding regulation (Crowd-sourced funding) in 2017 but left a gaping shortcoming in the new rules.

‘Accidental Americans’ putting Asia’s wealth transfer at risk

Accidental Americans face ruin if their estates are not properly structured, a lawyer has warned.

CPAM signs strategic alliance deal with Sun Life Malaysia

Sun Life Malaysia is a 49:51 joint venture between Canada’s Sun Life Financial Inc and Avicennia Capital, a wholly-owned unit of Malaysian sovereign wealth fund Khazanah Nasional.

Breakthrough in Removing Iran-China Banking Hurdles

The closures were attributed to new pressures from Washington and also more stringent ant-money laundering measures adopted by Chinese lenders in line with the Financial Action Task Force requirements.

Moven to receive funding from SoftBank, plans to buy bank

On one side will be the software provider that already develops digital banking software for TD Bank in Canada and Westpac in New Zealand.

Lawyers investigate whether ASIC website glitch assisted insider trading

The Australian Securities and Investment Commission has hired lawyers to check whether a glitch on its website assisted insider trading.

HK and Australia Fintech Buddy-up

Danielle Szetho was appointed to lead fintech Australia in June 2016 with a remit to expand the reach of the association and its members.

Jefferies inks strategic alliance with BOC International

As part of Jefferies ongoing effort to meet the ever-changing needs of our global institutional clients, we are very pleased to begin working with BOCI

SSC warns against investing in cryptocurrencies

The commission also requested public companies operating in fintech to comply with the established law on initial offering and fund raising.

Chasing the black money chimera from Panama to paradise?

Individuals and companies are prohibited from investing in countries identified as non-cooperative by the Financial Action Task Force, an inter-governmental body.

Singapore Savings Bonds oversubscribed for the first time

More than 6,300 investors applied for about S$172 million worth of SSB in January.

New rules a boon for Indian real estate market

REITs are expected to be a boon for the real estate sector in India, which is suffering from a liquidity crunch and poor sales.

Security Bank, MUFG to help promote Philippines

The MOU aims to generate investments in the industries listed in the Philippines’ 2017-2019 Investment Priorities Plan.

Japan bank: Saudi purge is driving away investors

His decision to imprison some of the country’s most famous heads of business came under extreme scrutiny.

Cooley Launches in Beijing

Investment funds lawyer Xun Zeng joins as office’s first resident partner

Thailand Taking Steps to Regulate ICOs

Current guidelines limit the maximum investment for retail investors to $10,000 per ICO and $95,000 per person.

China fines 12 banks over bill fraud case

Another 3 billion yuan of wealth management funds were illegally drawn or embezzled in this case, the CBRC said.

China considering merger of banking, insurance regulators

The possible regulatory shake-up suggests that China’s leadership wants to streamline its campaign to deleverage the economy

Monetary Authority Of Singapore Issues Prohibition Orders Against Tan Peng Khoon For Fraud

This allowed him to deposit AIA’s cheques into the joint account, and withdraw the proceeds in cash.

Legal, Regulation & Compliance