Managers of Wealth Asia Pacific

BMW to pay A$77m for irresponsible lending in Australia

The lion's share of the sum, at A$50 million, will go toward the write-off of loans.

Demonetisation: ED arrests 2 bank managers for laundering

Axis Bank said it has suspended the officials concerned.

Hong Kong SFC and Swiss Regulator Conclude Cooperation

This agreement gives Swiss fund managers access to an important financial centre.

CRS questions on the minds of Chinese clients and corporates

Some of the key issues practitioners are looking to address ahead of the moves towards global transparency relate specifically to concerns around data protection and correct reporting procedures.

Switzerland eyes AEOI with 21 countries

The introduction of the AEOI confirms Switzerland’s international commitment to implementing the AEOI standard

US-China swaps trades in doubt on margin rule requirements

China is the most important of an estimated 78 jurisdictions with rules that mean the return of collateral isn’t guaranteed.

Ex-Goldman banker linked to 1MDB scandal had jet-set lifestyle with glamorous wife

Mr. Leissner is facing scrutiny over breaches related to the illegal diversification of billions of dollars from Malaysian wealth fund

Pakistan, China call for joint efforts to develop Asian nation’s insurance market

Asian nation’s insurance markets are very similar

How Malaysia's Securities Commission is beefing up its regulatory muscle

MIMOS Is Privileged To Be A Strategic Partner Of The SC In RegTech Development

Tycoons to face tough questions at Assembly

South Korea’s top business heads are on full alert this week as they face a tough parliamentary hearing Tuesday over their alleged connections with the presidential corruption scandal.

China's asset management sector grows six times in four years

He also vowed to strengthen regulation, saying the CSRC will establish a uniform regulatory system to create a good environment for the sector.

Philippines seeks Bangladesh help on $81 million heist

The money was shifted electronically from the Bangladesh central bank’s account with the US Federal Reserve to a Manila branch of the Rizal Commercial Banking Corp, from where it was funnelled into local casinos

China’s Market News: Offshore Investors Reduce Yuan Holdings on Weaker Rates

Yuan deposits in Hong Kong dropped -2.63 billion Yuan to 662.54 billion Yuan in October from the month prior.

Head of Japan Pension Fund Interested in U.S. Infrastructure Investments

Treasury yields is likely a reflection of market participants’ view that infrastructure spending will mainly be funded by U.S. taxpayers’ dollars.

Standard Chartered and Coutts hit with fines by Singapore regulator

Singapore's regulator launched its investigation

China's about to unleash its roller-coaster tech market on the world

Authorities toyed with the idea of launching the link last year, but the plan was delayed following the August 2015 market crash — back when China's currency, the renminbi, was devalued.

1MDB: Ex-BSI Banker's Guilty Plea Reveals Swiss Bank Ties

Yeo's trial also revealed how bankers enjoyed relatively free rein from BSI for their illicit dealings

QIC signs agreement with Chinese fund manager

Australian investment manager QIC yesterday signed a memorandum of understanding with Chinese-based asset manager Ping An Asset Management Company.

Latham, Bakers, A&O and Ashurst among winners at Asian Lawyer Emerging Markets Awards

White & Case Asia head Eric Berg was awarded Emerging Markets Law Firm Leader of the Year for international firms

Philippine bank at centre of $81 mln heist says will not compensate Bangladesh

Most of the money was laundered through casinos in Manila and remains missing.

Legal, Regulation & Compliance