Managers of Wealth Asia Pacific

RBI tries to close gaps in cybersecurity of state owned-banks

In the last couple of months, RBI has put together a small team which looks into cyber vulnerabilities of Indian banks

S. Korea, Hong Kong agree to share financial info

Hong Kong is one of the most common places for South Korean people and businesses to open overseas accounts.

Chinese banks told to issue dollar-denominated debt-sources

"In heeding the call, banks will probably issue more US dollar bonds at a faster pace this year."

China Gives ‘Hedge Fund Brother No.1’ 5 1/2 Years in Prison

The executives and owners have been charged separately.

Citi moves goalposts on retail banking monthly fees

When the TRB falls below S$15,000 at the end of each month, Citi will charge an account service fee of S$15 - a fee that has also been standardised.

Thousands of Taiwanese protest pension reform plan

The protesters called the reform plan "government bullying" and "majority tyranny."

ASIC calls time on super disclosure exemption

The regulator said the changes were necessary to "increase RSE licensees and RSEs' transparency and accountability to the wider market

Herbert Smith freehills once again the go to advisers for Australasian M&A

The market was quick to regain its momentum with a number of significant strategic deals announced late in the year.

Investors win first trial of class action suit against Deutsche Bank

The investment product was linked to the performance of underlying shares of KB Kookmin Bank and Samsung Electronics.

Jho Low Wins Fight to Boot Rothschild

The mysterious financier wants to fight a U.S. asset grab of high-end real estate and other luxury purchases.

Malaysia's EPF to Allocate $11 Billion More to Islamic Fund in 2018

The country issues more than half of the world's sukuk in the first half of 2016.

Offshore firm Collas Crill banks on private wealth for growth in Asia

It is in Asia where the firm sees a lot of the buzz being generated particularly in the private wealth space.

UK and Hong Kong regulators enter into co-operation agreement to foster collaboration and promote innovation

This is the fifth such co-operation agreement that the FCA has entered into (with previous agreements being concluded with regulators in Australia, China, Singapore and South Korea) and the first such co-operation agreement that the HKMA has entered into,

Hong Kong Details IPO Misconduct at UBS, Others

Hong Kong is seeking an undisclosed sum of damages from UBS and the others as a result.

HKMA issues guidance on empowerment of independent non-executive directors of Hong Kong-incorporated authorised institutions

HK-Incorporated AIs are expected to implement the new measures by 14 December 2017.

Legal, Regulation & Compliance