Managers of Wealth Asia Pacific

Premier demands probe into Mega Bank money-laundering allegations

The New York agency said the bank's head office was indifferent toward the risks associated with transactions involving Panama

BoJ Governor keeps door open to further stimulus, if needed

Negative interest rates were unlikely to hurt the country's banking system because domestic lenders had sufficient capital, Kuroda added.

Seoul to sell 30% stake in Woori Bank to multiple buyers

The committee expects a minimum of four investors bidding for the 8 percent stake.

Key Figure in 1MDB Probe Is Arrested in Abu Dhabi

Investigators are looking into alleged fraud related to a Malaysian fund

JPMorgan, Citigroup Among Banks Sued in Aussie Rate-Fix Case

The class action, filed in the U.S. District Court for the Southern District of New York, claims the banks sought to fix the bank bill swap rate, the local equivalent of Libor, which is used to price billions of dollars of floating-rate bonds and syndicat

Does Brexit matter for the corporate jet owners and lessors in Asia?

As the UK’s exit negotiations unfold in the months and years to come, it is vital for those in the Asian corporate jet industry to continue to monitor and assess the evolving impact of UK’s exit from the EU.

RBI's Rajan calls for revamp of India's bank regulators

Rajan listed a number of institutions that oversee banks, including parliament, the recently created Banks Board Bureau to improve governance at state-owned lenders and the Reserve Bank of India.

Mauritius, South Korea Sign New Tax Deal

The signatories of the TIEA were the Mauritian Minister of Finance and Economic Development, Pravind Jugnauth, and the South Korean Ambassador designate to Mauritius, Kwon Young-Dae.

Singapore at the forefront of fintech revolution

Various financial institutions, financial industry incumbents along with the MAS have embarked on this path and are creating a favorable environment for fintech startups.

ASIC bans former representative of Macquarie Equities Limited

Mr Kerr breached the financial services laws by representing to those clients that he was authorised by MEL to operate a discretionary trading account in circumstances where he was not.

Iran’s finance ministry, Exim Bank of China sign MOU

Referring to China as one of the biggest trade partners of Iran in recent years and the upward trend of trade between the two countries

Central bank denies China at risk of liquidity trap

With or without a liquidity trap, the PBOC is facing an uphill battle to channel funds into real economic activity

China police crack down on $30b in underground banking

Police said they arrested 450 suspects involved in 158 cases of underground banking and money laundering

Malaysia - Wong & Partners Advised Maybank Investment Bank On MYR5.54bn Murabahah Sukuk Related To Bakun Dam

This is among the largest local debt capital market deals in 2016.

Vietnam central bank, AIIB representatives meet to discuss cooperation

Legg, for his part, said that based on investment demand and policies of Vietnam, he will urge the AIIB to study on providing financial support for Vietnam.

Big four banks sued by US hedge funds over rate rigging

This blows a hole in the argument put by the banks that this was a victimless act.

Monetary Authority of Singapore Issues Revised Guidelines on Outsourcing

The revised Guidelines apply to outsourcing arrangements with both third-party service providers and with entities within the institution’s corporate group

OurCrowd announces MAS licence approval, ready to market its platform to Singapore market

The company also highlights the role played by its UOB partnership in this milestone

Singapore files more charges, sets trial dates for ex-BSI banker

 Malaysian state investment company 1MDB is at the centre of several international investigations into alleged corruption and money laundering by public officials.

Cyprus offers Thai investors EU citizenship

Competitive deals over its EU counterparts include lower capital-gains tax and lower minimum capital

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