Managers of Wealth Asia Pacific

New Zealand blocks HNA takeover of ANZ Bank unit

Investment office stops purchase over lack of clarity on who controls Chinese group

'Harmful' finance products to face ASIC ban, stiff penalties

Banks and other institutions will also be forced to design products to suit the needs of customers

AIMA signs MoU with Insurance Asset Management Association of China

The MoU is the second of its kind that IAMAC has signed with a foreign association, following an agreement between IAMAC and the Institute and Faculty of Actuaries (IFoA), the professional body for UK actuaries, in 2016.

Hedge Fund Loses Bid to Block Quant Fraudster's Deportation

Xu, a University of Cambridge math graduate who had worked at Goldman Sachs Group Inc., was employed at Trenchant between 2012 and 2014.

KPMG partners face court contempt over China audit

Petitions to wind up China Medical were filed in the Cayman Islands, New York and finally in Hong Kong in 2012, and the company was placed into liquidation.

Singapore issues more financial bans related to 1MDB scandal

Investigators have claimed that inflated PetroSaudi valuations were used to justify and obscure improper fund transfers at the heart of the 1MDB scandal.

BlueBlood Ventures to buy Fullerton Securities and Wealth Advisors

BlueBlood expects the acquisition to lead to operational synergies and higher growth for the firm

China state planner issues new rules for offshore investments

The new regulations represent the latest crack of the whip over what Beijing views as harmful and often illicit capital outflows.

Half Australia’s big four banks to refund millions after overcharging home loans

Half of Australia’s big four banks have to refund millions to customers after coming forward to admit they overcharged on home loans for years.

Japanese pension fund shouldering costs of BOJ's negative rate

Central bank's deposit fee squeezes bank handling GPIF assets

Jersey – an IFC island in the mainstream of global finance

One of the Jersey Finance team’s key challenges is differentiation of jurisdiction and value proposition.

Standard Chartered to partner Ant Financial

The bank is an industry leader in RMB, SME and Retail financial services, and has been supporting Chinese companies to expand their operations globally with innovative financial products and services.

Regulatory Pressure for KYC Compliance Set to Ratchet up in 2018 for Hong Kong Firms

That analysis revealed that firms in the region see regulation as the primary motivation for AML compliance change

New rules a boon for Indian real estate market

These much-awaited changes will benefit both real estate developers and investors, who represent a growing interest among hedge funds and other investors to gain exposure to the Indian real estate market.

UK crime agency shares documents with NAB team

The NAB team also visited the UK Home Department and Pakistan High Commission in London, the sources said.

Dutch asset manager to adopt Korea’s stewardship code

Prior to Robeco, Hong Kong-based investment firm Oasis Management Company and U.S. investment firm Dalton Investments LLC officially announced to support Korea’s stewardship code

Australian FSR insights 2018 outlook

The kinds of rules and the frequency with which APRA will make them will likely vary.

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

It denied that this amounted to eight separate contraventions, but agreed it did not adhere to all transaction monitoring requirements relating to certain affected accounts.

'That's not a lawsuit': Hogan suing Grill'd over famous line

The mugger demands Mick Dundee's wallet, with Kozlowski's character Sue telling him to comply because "he's got a knife".

Licences for four foreign law firms to run till 2020

Law Ministry defers decision on renewal, noting firms' contribution to growth of legal sector

Legal, Regulation & Compliance