Managers of Wealth Asia Pacific

APRA extends IN1Bank’s licence to operate as a restricted authorised deposit-taking institution

Recognising the unique circumstances of IN1Bank’s application, APRA judged that a further short extension was warranted.

Director identification number update – deadline approaching for Australian company directors

Individuals now seeking to become a director must obtain a director identification number before they can be appointed.

US To Ostensibly Broaden Curbs on Chip Exports to China

Several companies have publicly acknowledged the communication, which indicates a double-pronged approach by the US government.

MAS and Singapore Exchange Launch Sustainability Data Portal

Listed companies will be able to take advantage of a simplified disclosure process with a core set of metrics mapped against global standards and frameworks.

John Trehey Maintains Ranking among Top Offshore Litigators in Asia

In making its selections, ALB considered client feedback and wider market input, as well as the successful handling of significant cases.

Tender results of the re-opening of 15-year Government Bonds under the Institutional Bond Issuance Programme

A total of HK$1.0 billion 15-year Government Bonds were offered today.

Takeovers Panel rules on the price for the mandatory general offer for Suncity Group Holdings Limited

The Panel considered that the transaction involved a discharge of Chau’s liability under the loan, which was a favourable condition to him as a shareholder, and that this constituted a special deal under the Takeovers Code (Note 2).

Seahawk China Dynamic Fund: winding up on just and equitable grounds

While the Court did not determine the question conclusively, it did provide an indication of how it may rule if the issue were to be placed squarely before the Court again.

SIX Benefiting from Sino-American Audit Debate

Last month American and Chinese officials agreed to allow Chinese accounting firms to share more information with US regulators about the finances of Chinese companies listed on U.S. stock exchanges.

Managed funds amend their marketing following ASIC surveillance

‘In conveying our concerns to these responsible entities and trustees, we have secured timely and voluntary amendments to the funds’ marketing materials,’

Interpol Red Notice Issued for Wirecard Fraud Suspect

Other charges issued include the alleged abetting of Yeo to falsify invoices totalling S$$184,870 from his firm Jacobson Fareast Marketing Services (JFMS) to WAH against Wardhana and Yeo himself.

Philippine central bank head open to more rate hikes in 2022

The currency’s fall was mainly due to widening current account deficit amid more costly imports, Medalla said at the live-streamed economic briefing.

BOJ boosts bond buying as yields advance towards policy limit

“The increased amount is so small to raise doubt about its effectiveness but it does confirm the BOJ’s stance of capping 10-year yield at 0.25 per cent,”

ABN AMRO Clearing Sydney Pty Ltd pays $222,000 infringement notice

The MDP considered that ABN AMRO’s conduct was careless.

Launch of Singapore Fund Directors Association's Code of Conduct for Fund Directors

SFDA's Fund Directors Certification, which is now available to both SFDA members and non-members, incorporates the key principles of the Code of Conduct in its curriculum.

Credit Suisse court spat with billionaire kicks off in Singapore

The dispute with Ivanishvili adds to the problems the newly appointed chief executive officer Ulrich Koerner and chairman Axel Lehmann are keen to resolve as the bank reels from reputational hits in the last 2 years.

Credit Suisse chief Ulrich Körner faces early test in $800mn Singapore trial

Georgia’s former prime minister Bidzina Ivanishvili has already won $608mn in related case

Appleby’s Hong Kong Office Advises Swang Chai Chuan Limited

The Swang Chai Chuan Group is an established distributor of food and beverage and other products for recognised international and domestic third-party brands, and under its own brands in Peninsular Malaysia.

Carey Olsen advises lenders on financing backing the successful bid by ESR Group Limited in joint venture to fund Hong Kong SAR logistics facility

The Carey Olsen team representing the club of lenders comprised corporate and finance partner James Webb, counsel Dan Moore, and associate Calvin Lee.

Hong Kong guide aids data transfers risk management

In many jurisdictions around the world, businesses face strict rules governing the cross-border transfer of personal data.

Legal, Regulation & Compliance