Managers of Wealth Asia Pacific

Storm Financial investor slams court decision

The court has now found that advice given to "certain investors" was "inappropriate to their personal circumstances."

New Asia infrastructure fund attracts Japan Inc, says ADB official

The ADB estimates Asia's infrastructure financing needs at $800 billion a year.

BOJ's Kuroda hints at negative-rate bias

The central bank's negative-rate policy is working.

Regulator set to launch robo-advisor test bed

"We will operate a test bed, inviting local financial services or technology firms to join the initiative."

Westpac accused of bullying Sydney manager

She said the bullying behaviour included "shouting, demeaning behaviour, retrospective changes to her performance reviews, victimisation and instructions not to make any further complaints" about the bullying.

Storm Financial heads breached law: court

The Townsville-based company's strategy backfired badly on thousands of customers during the global financial crisis with many losing their entire life savings and homes.

Singapore reviews venture capital regime to push start-up funding

Singapore is trying to encourage investment in financial technology to boost its role as a regional banking hub

Sebi confirms ban on 11 entities in tax evasion case

The Securities and Exchange Board of India, via an interim order dated June 1, this year had prohibited 76 entities.

Valartis Group AG: FMA Liechtenstein and the Hong Kong Stock Exchange approve the sale of Valartis Bank (Liechtenstein) AG

The approvals mean that the two major conditions precedent on conclusion of the sale's transaction have now been fulfilled.

MAS Proposes New Regulatory Framework and Governance Model for Payments

The proposed framework aims to strengthen standards of consumer protection, anti-money laundering, and cyber security related to payment activities, while facilitating innovation and system interoperability.

MAS charges three in first 'front running' case of alleged insider trading in Singapore

The move also marks the second MAS-led criminal prosecution since the joint investigation by the regulator and the Commercial Affairs Department regime came into effect last year

Bonuses Paid to Singapore Banks for Selling Risky Debt Under Scrutiny

At least half the S$875 million ($650 million) of bonds that have failed since November were sold by private banks earning rebates.

The Pearl and The Oyster by William Ahern, Principal at Ahern Lawyers

AML type laws have, over recent times, forced banks and other financial intermediaries to cultivate lustrous “pearls of financial data” safe within the confines of the shell of privacy laws.

S’pore deepens trade relations with Africa

Agreements on tax, bilateral investment and air services open doors to emerging market

Singapore Exchange to Consider Dual-Class Share Structures

Under the proposals, listing applicants will need to meet certain requirements for dual-class shares, said the people, who asked not to be named because the discussions are private.

Financial firms face reshuffle of top executives

The government is entitled to decide who will lead the bank.

Hong Kong’s Markets Regulator Fines Morgan Stanley $2.4 Million

Under the resolution, the SFC reprimanded and fined MSHK $18.5 million for breaches of the Code of Conduct

Brooks welcomes settlement in two-year trust legal tussle

The dispute relates to Brooks’ 2012 purchase of Channel Island fund manager Spearpoint, which had invested around £30 million in zero dividend preference shares issued by Origo.

Singapore aims to change regulations to promote use of electronic payments

The report also recommends developing a new governance model and setting up a new national payments council.

No retail lending bubble in India, says SBI Chief Arundhati Bhattacharya

At a time when corporate credit demand has not picked up yet, banks are relying on retail lending to help grow their books.

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