Managers of Wealth Asia Pacific

China doles out $100 million punishment to Russian-controlled fund for role in 2015 crash

The audit also found the company's trading was subject to a functioning risk-management system," it said.

China orders checks on offshore loans

Lenders asked to provide information on loans made to Dalian Wanda Group, Anbang Group & HNA Group

FBR still withholding tax records, JIT tells SC

The JIT head explained that the name was not disclosed for security reasons.

Australian whistleblowers could get access to bounties worth millions

Under the legislative proposal, corporations could be forced to pay compensation relative to the employee's salary or a lost promotional opportunity.

Japan and Australia ink fintech co-operation agreement

This Framework will help open up an important market for Australian fintechs.

HK boosts link between mainland, overseas markets

The SFC will work closely with the China Securities Regulatory Commission to ensure smooth implementation, the SFC statement added.

Edmond de Rothschild fined for alleged involvement in 1MDB scandal

The affair, however, is mentioned in the annual report published in June.

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.

Legal, Regulation & Compliance