Managers of Wealth Asia Pacific

ASIC permanently bans David Sutton and cancels McFaddens Securities’ licence

McFaddens and Mr Sutton and have the right to appeal to the Administrative Appeals Tribunal for a review of ASIC’s decision.

Singapore central bank proposes code of conduct for ESG ratings and data providers

The central bank is seeking public feedback on the proposal until August 22.

BOJ's Ueda: See good reason to shift policy if inflation re-accelerates into 2024

While headline inflation was above 3 per cent, the BOJ was keeping monetary policy easy because underlying inflation remained below the central bank’s 2 per cent target, Ueda said.

APRA takes action against Medibank Private in relation to cyber incident

“In taking this action, APRA seeks to ensure that Medibank expedites its remediation program,”

MAS Proposes Code of Conduct for Providers of ESG Ratings and ESG Data Products

The proposed code of conduct establishes minimum industry standards of transparency in methodologies and data sources, governance, and management of conflicts of interest.

IQ-EQ acquires ComplianceAsia and Lymon Pte Ltd

These transactions are incredibly exciting for us as it not only significantly expands our existing regulatory compliance business here in Asia Pacific

Carey Olsen wins China Business Law Award for fintech and blockchain

In determining the winners, China Business Law Journal's editorial team carefully considered nominations across a number of other factors, such as each firm's notable deals, cases and other achievements over the past year.

MAS Proposes Framework for Digital Asset Networks

The report is part of MAS’ effort to ensure that emerging digital asset networks are underpinned by international standards which promote safe and efficient financial market infrastructure.

RHB Islamic International Asset Management and Janus Henderson launch Malaysia’s first shariah-compliant sustainable technology fund

The RHB i-Sustainable Future Technology Fund provides investors access to Shariah-compliant technology companies

Han Kun Law Offices Expands Global Footprint with Singapore Office

The decision to open a Singapore office is a strategic move aligned with Han Kun's global expansion plans.

The HKMA supports the launch of bank-to-bank information sharing platform

The initiative is developed by the HKAB, with guidance from the HKMA, and support from the HKPF for a cyber-secured platform to speed up the bank-to-bank sharing.

PRC law firm Han Kun opens first international office in Singapore

The Singapore office will also provide services to Han Kun’s Chinese clients investing overseas and investors from Singapore looking to tap into the Chinese market.

MAS fines DBS, OCBC, Citi, Swiss Life for money-laundering rule breaches uncovered in Wirecard probe

OCBC was imposed a composition penalty of S$600,000 for breaches between June 2015 and January 2016

MAS Proposes Standards for Digital Money

Stakeholders using different wallet providers can transfer digital assets to one another without the need for customisation.

SFC reprimands and fines Taiping Securities (HK) Co Limited $1.3 million for internal control failures over employee dealings

The SFC also found that TSCL failed to communicate its personal dealing policy applicable during the relevant period to all employees and ensure that they understood and followed its policy.

Legal, Regulation & Compliance