Managers of Wealth Asia Pacific

Warning: Cryptocurrency Scams Are Posing as China's Central Bank

The PBoC went so far as to warn Chinese consumers that so-called "digital currencies issued by PBoC" could be a part of a pyramid scheme.

Asset managers must be more ‘resilient’: ASIC

ASIC chairman Greg Medcraft has warned fund managers about “structural vulnerabilities” in the sector that could present “financial stability risks”.

Asian central banks have cause to keep holding rates while the Fed hikes

China's central bank, which raised some interest rates after the Fed's March move, kept them unchanged this time.

Singapore crowdfunding platform CoAssets gets capital markets services licence

The firm said that, with the licence in hand, it would be able to once more engage its 55,000 users in Singapore.

China to promote wealth management investment in commodities -regulator

"Commodities are indispensable resources for the industrial economy," Fang said.

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.

Legal, Regulation & Compliance