Managers of Wealth Asia Pacific

China’s debt problem needs more than Three Stooges impression

There are signs Beijing is making Chinese regulators adopt a joined-up approach to corporate debts

LVMH-backed Asia Private Equity Fund Sued In Singapore By Fired Executive

Uday Mehra said in Singapore court documents that he had raised his concerns over alleged behavior at LVMH's regional private equity fund, L Capital Asia Advisors, such as raising profit projections for an investment target to generate illegitimate g

Hong Kong regulator fines Schroders and State Street

The watchdog fined Schroders HKD1.8 million (US232,000) for failing to disclose all notifiable interests in Hong Kong listed shares held in client portfolios and managed by the firm – from August 2005 to January 2013.

Indian central bank chief to step down in surprise move

The creation of a monetary policy committee to set interest rates and the clean-up of the heavily indebted banking sector.

Hang Seng Bank to form China's first foreign majority-owned fund

The approval marks the latest step toward linking the financial hub of Hong Kong with rapid development in the mainland.

Welcome to the new world of 'regtech'

Global banks are starting to adopt the nomenclature.

PR Government allows listing of PPP projects on PSE

Palacios assured that the PPP contracts could be structured so that builders could be compensated should rate adjustments fall through.

SFC reprimands and fines Schroder Investment Management Limited $1.8 million for disclosure failures

Although legal advice obtained by Schroder advised that an “interest” in shares was broadly defined and was not confined to the exercise of a voting right, Schroder failed to properly follow the advice.

Regulators support creation of 12 private banks

They will mainly target micro and small companies.

ASIC and Singapore Regulator Sign Co-op Agreement

The new Innovation Functions Co-operation Agreement is designed to give fintech companies in Australia and Singapore access to regulatory and licensing facilities in each country and reduce uncertainty and time to market.

Another Chinese Money Manager Faces Cash Crunch

Angry investors attempt to storm Shanghai Uprosper’s offices after firm missed payments this week

StanChart may set up onshore private bank in China next year

Regulatory restrictions and a relatively less developed capital market have restricted some of the global banks in setting up onshore private banking presence to tap one of the world's fastest growing centres for millionaires.

Australian banks face more loan curbs in New Zealand

The Reserve Bank of New Zealand last week signalled it would tighten restrictions on mortgage lending, which are already in place through limits on low-deposit lending in some areas.

Quarterly review: China wobble makes investors cautious

Equity markets in the US and Europe also retreated sharply amid growing worries about the health of the global economy, which caused investors to reduce their exposures to equities and move into fixed income, particularly US and German government bonds.

'Babes in the woods': Sports fans sidestep 'laughable' Australian betting regulations to 'spend billions in offshore havens'

Racing Australia chief Peter McGauran likened the current restrictions on rugby league and football codes to 'babes in the woods' when pitted against unregulated, foreign betting.

Legal, Regulation & Compliance