Managers of Wealth Asia Pacific

Irdai slaps Rs 20 lakh penalty on ICICI Prudential Life

The insurer in a regulatory filing said that IRDAI had conducted an onsite inspection of the company in December 2013.

Norton Rose Fulbright acts for Vantage Asset Management

The Vantage fund has been granted unconditional registration status by the Innovation Investment Committee of the Australian Government Department of Industry, Innovation and Science.

Lawyers performance hampered by firms’ poor communication

Most of the firms (73 per cent) have no formal process for assessing the effectiveness of their internal communication channels.

Hong Kong’s New Requirements for “Senior Management” of Fund Managers and Other Licensed Corporations

This article examines the requirements of the regime and the action items of which licensed corporations should take note ahead of the initial filing deadlines in July 2017.

Ogier Advises on 'Panda Bond' First on Shanghai Stock Exchange

The Moscow-headquartered company is one of the world's biggest aluminium producers, operating in 19 countries on five continents

17-082MR ASIC releases guidance on risk management systems of responsible entities

There have been a number of collapses of responsible entities which resulted in significant losses to investors and where we consider inadequate risk management systems to have played a role.

Australia, China To Amend FTA And DTA

In addition, they agreed to start discussions this year on updating the Australia-China Tax Treaty, with formal negotiations to begin in 2018

MAS Inks Cross-Border Fintech Agreement with French Authorities

MAS has entered into an agreement with France's ACPR and the AMF

China central bank chief signals further opening of financial sector

Global trade has been the central theme of officials and executives at this year's forum, with Zhou saying on Saturday he wanted Group of 20 leaders to seek greater consensus on the issue when they meet later this year.

ICBC International Signs Framework Agreement with China Renaissance for Long-Term Strategic Cooperation

This framework agreement with CR Group elevates our relationship to a strategic level as we will enhance our cooperation in the areas of corporate finance, capital markets and wealth management.

China’s central bank thinks digital currency can do one thing cash can’t

With the popularity of digital currency, cash usage will drop significantly

Ogier advise on first foreign company non-interbank "Panda bond" offering on Shanghai Stock Exchange

The listing is also the first Russian "Panda Bond" offering – the name given to overseas debt sold in the Chinese market.

Five plead not guilty to embezzling Maybank

They are alleged to have dishonestly misappropriated the money into their Maybank accounts at the bank’s various branches in Selangor between December 2014 and January 2015.

SFC reprimands and fines Merrill Lynch Far East Limited & Merrill Lynch (Asia Pacific) Limited $15 million over internal control failures

The Securities and Futures Commission has resolved its concerns with Merrill Lynch The SFC also took into consideration MLFE’s board of directors have undertaken that the problems unveiled in the review findings concerning the compliance with requi

Legal, Regulation & Compliance