Managers of Wealth Asia Pacific

MBSB-AFB submits merger application to Bank Negara for approval

It said further announcements would be made upon receipt of Bank Negara's decision.

HKMA Chief Chan Sees No Need to Change City's 34-Year Dollar Peg

Chan lists four conditions for city to consider a yuan peg

CCI gives nod to Kotak Mahindra Bank for stake acquisition in insurance arm

Kotak Mahindra Old Mutual Life Insurance is a joint venture between Kotak Mahindra Bank, its affiliates, and Old Mutual Plc.

Of Switzerland, black money and India!

Switzerland is a known safe haven for illicit wealth.

'Jho Low's award-winning superyacht bought with 1MDB funds'

The department said Low had claimed in an email to his London lawyer and a senior BSI banker that World View Ltd is a family trust for his family.

IMAS and Stradegi publish fair valuation guide

The paper proposes best practices in appropriate governance, price sourcing, valuation monitoring and fair valuation methodologies, ensuring standardised fair valuation for investors.

Regtech Poised To Take Off In Southeast Asia

The new reforms have dramatically increased challenges and costs for the financial sector related to compliance, reporting and supervisory requests.

UBS Securities pays $280,000 in infringement notice penalties

UBS operates a crossing system known as UBS PIN.

Taiwan tightens Formosa bond rules as interest rates stay low

But insurers seeking yield will continue to fuel the boom

Tightening impact assessed

The request is on top of information Chinese banks must provide for the central bank's quarterly risk assessment, known as MPA.

Beijing removes assistant chair of China banking regulator

The State Council announcement gave no reason for Mr Yang’s dismissal.

One Nomura Trader Convicted, One Cleared at Bond Fraud Trial

Third trader faces possible retrial as U.S. weighs options

US Seeks Record Recovery of $540M in Case of Looted Sovereign Wealth Fund

The inner circle of Malaysian Prime Minister Najib Razak was involved in the conspiracy, which began in 2009 and continued through 2015, the complaint alleged.

Vaneck Australia Granted China RQFII License

Neiron also said the company was assessing new opportunities to apply the firm’s quota in expanding its exchange traded fund (ETF) offerings.

Invest in bank security

It was about a malware that locks files and asks for payment to unlock those files.

Hong Kong and Australia seal agreement on fintech cooperation

The Innovation Hub and Fintech Contact Point offer assistance to innovative fintech businesses to understand the regulatory regimes in each of their jurisdictions.

Hong Kong SFC bans a former employee of the HSBC

The SFC considers Li’s conduct, which fell short of the standards required of him under the Code of Conduct, calls into question his fitness and properness to be a regulated person.

Singapore proposes new rules to support growth of robo-advisor providers

Robo-advisory services—also known as digital advisory services—refer to the provision of online advice using automated, algorithm-based tools, with limited or no human interaction with clients.

Japan's financial watchdog to ease up on banks

Financial Services Agency says old oversight rules stifle lending and growth

Mongolia moots asset management company to tackle bad loans

IMF makes aid contingent on country sort out its tottering bank sector

Legal, Regulation & Compliance