Managers of Wealth Asia Pacific

Harneys advises AAG Energy Holdings Limited on its US$347 million privatisation

The Harneys Hong Kong team was led by Partner Chai Ridgers and Senior Associate Charles Wong

Singapore Crypto Bourses Work With UK Investigators

According to Benton, this unique NFT cuts down the duration to freeze assets.

Thailand regulator wants to ease advertising rules for digital asset operators

The firms will need to compile monthly reports on their advertisements, which they will have to submit to the SEC every quarter.

Former Bank Of China Chairman Arrested For Corruption

China's top anti-corruption watchdog announced the following month that Liu was under investigation for alleged "severe violations of discipline and law".

Taichung Commercial Bank ends US bank deal

The acquisition would have allowed Taichung Bank to boost its visibility in the North American market.

Australia Plans to Require Licenses for Crypto Exchanges

The proposed rules, which are inspired by frameworks used in the UK, Canada and Singapore, will also include custody and transaction standards.

“How the Financial Advisory Industry Can Serve Customers Better with 3 ‘T’s – Technology, Training and Trust”

MoneySense’s aim is to uplift Singaporean’s financial health and habits, and unbiased financial advice is certainly a key contributor to this outcome.

Two Hong Kong Banks Violate Korean Short Selling Ban

Two unnamed Hong Kong-based investment banks had engaged in naked short selling transactions, according to a statement by South Korea’s Financial Supervisory Service (FSS), which is banned in the country.

Harneys advises Maiyue Technology Limited on its Hong Kong IPO

The team’s significant track record includes advising on high-profile private equity transactions, landmark IPOs, as well as public and private M&A and joint ventures.

MAS MD Ravi Menon received the Distinguished Leadership and Service Award from the Institute of International Finance

The IIF’s Distinguished Leadership and Service Award is bestowed on individuals who have made sustained contributions to the global economy through public service.

ABN Amro ends corporate banking services as it surrenders licence here; clearing services unaffected

It planned to cut up to 800 jobs or a third of its corporate and institutional banking unit in a process that would take three to four years.

Goldman Sachs Sues Malaysia in 1MDB Case

Roger Ng Returns to Malaysia

What BCG, McKinsey revealed to the consulting inquiry

The committee also heard how BCG helps staff manage their workloads, while McKinsey said the PwC tax leaks scandal had been a “serious breach of trust in the consulting services industry in Australia”.

APRA consults on increased transparency of super fund expenditure

APRA has written to superannuation trustees inviting their feedback on its plans to publish total fund expenditure and expanded asset allocation data by mid-2024.

ASIC announces action against 11 SMSF auditors

All 11 SMSF auditors were referred to ASIC by the Australian Taxation Office

Stephenson Harwood (Singapore) Alliance advises BNP Paribas on four JOLCOs

This follows the firm's involvement in Cetus Maritime's financing of two bulk carriers by a regional bank based in Japan earlier this year.

Singapore banks sharpen scrutiny after $2 bln money laundering scandal

In a statement, the Monetary Authority of Singapore said financial firms must verify customers' identities, establish the sources of wealth and funds of higher-risk clients, and keep track of transactions.

HKPF and SFC establish joint working group on VATPs

The working group was established after a high-level meeting of the two parties on 28 September 2023.

Ex-Goldman Banker Will Return to Malaysia

The proposed schedule is agreed by Ng’s lawyers.

Harneys advises 17Live on de-SPAC business combination

Harneys has a leading Equity Capital Markets practice with substantial experience regarding all aspects of capital raising by offshore companies

Legal, Regulation & Compliance