Managers of Wealth Asia Pacific

BTN Targets to Secure Rp30tn of Tax Amnesty Funds

Earlier, BTN has reportedly been appointed as a perception bank.

Pak, Swiss govt agree to review avoidance of double taxation pact

Earlier, the FBR team had struck an agreement during parleys held in 2014 that had severely compromised Islamabad stance negatively

Dhabi Global Market signs agreement with Shanghai free zone

The memorandum of understanding with the Shanghai Free Trade Zone Authority is designed to “foster collaboration and facilitate business developments in their respective markets", a statement from ADGM said.

Family businesses emphasise impact investing in philanthropy

Survey respondents see government incentives and regulation as key enablers of family business philanthropy.

London law firms shake off Brexit as revenues rise

Financial results published by the law firms showed that partners could on average expect to receive at least £1.2 million ($2.05 million) for the year.

Advice bodies at odds over professional standards

We consider that it is imperative that all three industry directors must have practical experience involved in a financial advice business or providing financial advice.

FBR set to nab influential tax evaders

In this regard, FBR Head Quarters Director Zafar Iqbal Khan has directed all directorates of FBR investigation wings to furnish performance review of audit regarding selected high net worth individuals' cases while the questionnaire has been dispatch

RBA official dismisses credit downgrade fears

Her comments came after she presented to academics on the important role banks play in the economy.

Prosecutors Investigating Lotte’s Suspected Overseas Deals

Seoul prosecutors are tracking down the flow of capital upon discovering key affiliates have bought a stake that initially cost 15 billion won in a franchise restaurant operation in 2002

Japan Authorities Present United Front On Brexit

This was the first meeting between the three agencies since June 25, just after final confirmation that the British had voted to leave the European Union.

VHP Against IDB's Plan To Open Branch in India

VHP joint general secretary Surendra Jain, who is here to attend a two-day meeting to discuss various issues, said they will also deliberate on the strategy to oppose the opening of the branch of IDB.

‘Sizable dip’ in Indian black money parked abroad over last 2 years: Jaitley

Arun Jaitley said the action being initiated by G-20 countries coupled with "technological intervention" will make it difficult to keep black money both at home and outside the country.

Fitch: Hong Kong Resolution Law Will Spur Planning at Banks

Hong Kong is one of the few Asian jurisdictions to have implemented resolution laws that specifically allow for bail-in, and we have excluded state support from bank ratings there since May 2015.

ASIC Reprimands Regulated & Unregulated Binary Options Brokers & Affiliates

ASIC is going after the marketing subsidiaries of brokers as well as the affiliate websites themselves.

SFC Adds CVC Groups Private Capital and Arthur-Sera Ltd to its Alert List

Hong Kong's SFC has again updated its Alert List to warn against unregulated entities offering their services.

New Sheriff In Town: The Monetary Authority of Singapore Creates New Anti-Money Laundering And Enforcement Departments

The changes are set to take place on 1 August 2016.

Estranged Husband Sues Samsung Royalty For US$864 Million

He has also demanded 10 million won for mental distress.

A need to be niche

With rising overheads from these and efforts to tackle other business risks, private banks need to rapidly find a way to weather the storm.

Singapore Monetary Authority To Update Cloud Guidelines

As well as holding the trade and industry portfolio, Lim is the deputy chairman of MAS, Singapore’s central bank and financial regulatory authority. He announced the updates in a speech made at a banking industry dinner last week.

Four Taiwanese Nabbed In Bangkok For Bank Card Fraud

The Taipei Economic and Cultural Office in Thailand has been kept up to date about the case and yesterday identified the four Taiwanese in custody, the ministry said.

Legal, Regulation & Compliance