Managers of Wealth Asia Pacific

Closing on the takeover of Valartis Bank (Liechtenstein)

Final implementation of recovery plans is expected in the fourth quarter of 2016.

Indonesia regulator urges Singapore banks to support tax amnesty effort

Private banks in Singapore are sharing with the Commercial Affairs Department of the police the names of clients joining an Indonesian tax amnesty.

FBR mulling over amnesty for owners of offshore companies

Keeping in view severe criticism from the opposition, especially from Imran Khan-led PTI, the sources said that such amnesty scheme should be barred for politicians and bureaucrats.

Japanese easing policy almost ready for face-lift

The central bank will comprehensively assess the measures at a two-day meeting starting Tuesday to pinpoint deflationary pressures as well as look at benefits and side effects.

KPMG to set up India support bench for UK legal team

The accountancy giant is recruiting lawyers with 7-10 years’ post qualification experience, preferably including time with another professional services firm or other in-house role.

HKMA to add cyber security, anti-money laundering knowledge to bankers’ certification

New programmes will be added to the HKMA’s Enhanced Competency Framework

Ogier advise on first Jersey managed trust company for Chinese firm

The Jersey Financial Services Commission has issued a licence to Ark Trust (Jersey) Limited, a subsidiary of Chinese firm Noah Wealth Management.

SC to announce entities offering peer-to-peer financing

Over the years, the SC has pursued proactive initiatives to ensure that the right incentives and structure are in place to facilitate venture capital and private equity activity.

Singapore: The Impact Of Recent Developments In The Australian Transfer Pricing Rules On Transactions With Singapore

Transactions entered into by Australian taxpayers with entities located in countries with a lower tax regime

6 Key Regulatory Changes Happening In Vietnam

Below are the six key regulatory changes every business should know when considering to expand in Vietnam.

Australian banks face off against rate-rigging lawsuits

It essentially determines what banks charge to lend to each other.

Criminal charges relating to Panama Papers could take years: ATO

The raids followed AUSTRAC identifying suspicious cross-border movement of funds between Australia and other countries

Pakistan, OECD ink convention on tax matters

The Convention is the most powerful instrument for international tax cooperation.

Japan regulator sounds warning for banks in report

The dwindling supply of Japanese government bonds due to the Bank of Japan's massive asset purchasing program presents a risk of interest rates fluctuating

The global battle for the entrepreneur and investor by Leon Kwong Wing, Withers

Singapore has long been a magnet for successful international investors and entrepreneurs, in part because of determined efforts by its government to attract talent, innovation and money from overseas.

Fighting money laundering by Shashi Nathan, Withers

A tough stance against financial crime is necessary to protect Singapore’s reputation as a clean and trusted financial centre.

Clifford Chance and Davis Polk deliver $8bn Hong Kong IPO for Postal Savings Bank

Clifford Chance's team was led by China co-managing partner Tim Wang with Hong Kong partners Amy Lo and Fang Liu, supported by Singapore-based Jean Thio.

Appleby's Frances Woo named Managing Partner of the Year by ALB

Amongst strong competition, nominations included pre-eminent legal practitioners from the fields of onshore and offshore, with Appleby being the only offshore representative.

Hong Kong regulator bans former HSBC sales duo

The belief that they had sold the UTFs to the customers when in fact it was not the case, said the SFC in a statement.

Singapore and Switzerland to expand fintech cooperation

Regulators in Singapore and Switzerland have signed a cooperation agreement to foster greater cooperation on fintech.

Legal, Regulation & Compliance