Managers of Wealth Asia Pacific

RBI likely to maintain status quo on Tuesday

The government announced last week that it would like the RBI to focus on maintaining retail inflation rate of 4 per cent for the next five years

Appleby advises Deutsche Bank, Standard Chartered Bank, ING and UBS

The notes will be listed on the Singapore Exchange Securities Trading Limited. HT Global is a holding company incorporated in Mauritius by Baring Private Equity Asia V Mauritius Holdings (4) Limited, and owns a 71.25% controlling interest in Hexaware Tech

Philippines central bank hits cyber-heist institution with $21 million fine

So far, just $18 million of the missing funds has been recovered and frozen in the Philippines.

Boutique establishes family law practice

The family law team is just another piece of the jigsaw to build that well-rounded offering.

Indonesia's Bank Mandiri to seek full license in Malaysia

While two Malaysian banks CIMB and Malayan Banking have already established a significant presence in Indonesia, the same cannot be said for Indonesian banks in Malaysia.

Khan Bank brings 21st century banking to Mongolia

With most of the people living outside the city living in fairly rural communities, livelihood is through herding of animals.

Indonesia-Malaysia banking deal

The heads of Indonesia’s financial regulator and Bank Negara signed the pact at the state palace in Jakarta, the Indonesia Financial Services Authority said in a statement late on Monday.

Japanese central banker, finance chief put up tenuous front

The scene may have been reminiscent of the accord reached in January 2013 by the BOJ and the Ministry of Finance that marked the official launch of Abenomics.

RBI clears the decks for on-tap banking, bars big corporates

Private sector entities or groups "owned and controlled by resident Indians with sound track record of 10 years can apply", according to the norms announced on Monday.

Singapore launches unit to fight money laundering

Singapore last year opened an investigation into fund flows linked to 1MDB.

Firms urged to export legal services

Mr Dickson said Australian lawyers are well positioned to export legal services, given that the nation’s legal system bears distinct similarities to those of many foreign countries.

China Just Shuttered 10,000 Funds in Crackdown on Runaway Managers

Some engaged in illegal fundraising for illegal and criminal activities under the guise of funds, cheating the public, the note added.

MAS says examining Goldman on work related to 1MDB bond deals

The MAS has been questioning banks and financial institutions since last year as part of investigations into possible money laundering in the city state linked to 1MDB..

UK and China regulators discuss framework for financial projects

Britain, home to the EU's biggest finance sector, has been pushing in recent years to deepen its financial services ties with China, which has agreed to these and other cross-border financial services schemes as part of the UK-China Economic and Fina

Shadow banking crackdown to hit smaller banks hardest

Proposed new rules for booming wealth management sector dubbed ‘strictest ever’

Ease bank secrecy

The case involving Bangladesh proves the need to amend not only the antimoney laundering law, but also Republic Act No. 1405

Taming of the Rich

Sovereignty is seen in granting pardon to politicians, businessmen, and also bureaucrats for their involvement in actions that were subject to trial, but were not convicted.

New rules force closure of about 10,000 Chinese private wealth management firms in six months

Rising defaults and fraud in the insufficiently regulated sector force China to tighten entry norms for companies

Credit Suisse's Francesco de Ferrari calls out commission conflicts

Credit Suisse uses a salary and bonus model in its private banking and wealth operations.

Shell companies: Putting tax evasion, money laundering under scanner

The last two are the most common uses and there are a few examples.

Legal, Regulation & Compliance