Managers of Wealth Asia Pacific

Former BSI S'pore employee to be remanded another week as prosecution probes further

Prosecutors said in court yesterday that they are following "new lines of critical enquiries that have opened up".

ICBC to Issue First Renminbi Certificate of Deposit to Settle in U.S.

Members of the Working Group Chaired by Michael R. Bloomberg Lead Effort to Establish Trading and Clearing of RMB in the U.S.

KP NAB arrests Mudaraba scam absconder

Rs 2.71 Billion was looted from innocent masses in grab of fake Life Medicine Company Traders.

Ian Mann and Paul Sephton named on Asian Legal Business' Offshore Client Choice list

Among the many legal professionals involved in offshore transactions in Asia, there are some who regularly surpass client expectations.

HK regulator says Alibaba broke takeover rules with "special deal"

The company said on Wednesday it is reviewing the panel's ruling and that it believes it has complied with the takeover code.

Philippine Legislators End $81 Million Cyber-Heist Investigation

The money was then wired by a local remittance company into local gaming halls, where the money trail has gone cold.

Australia regulator says in advanced stages of rate-rigging probe

The BBSW is the primary interest rate benchmark used in Australian financial markets to price home loans, credit cards and other financial products worth trillions of dollars.

Stricter Debt Controls Set For Chinese Asset Managers

CSRC likely to cap debt ratio for equities investment at 100 per cent for asset management businesses

Hong Kong must work towards a ‘Panama Papers Ordinance’ to end automatic recognition of offshore firms

Companies should no longer be accepted as being from the British Virgin Islands without having a significant share of their revenue and assets actually produced there

Panama says tax evasion ‘not a crime’ there, offers to help India

“Panama is committed to cooperate and exchange of information but these can be only on bilateral terms,” Navarro said during an interaction here adding “the country which takes the information should be prepared to take it and use it acc

Police on Peak watch after home of banker ransacked

A French banker who lives in the house at 22 Barker Road reported to police on Sunday that a safe box was missing when he returned to the four-story dwelling, which police said had been ransacked.

Report: Swiss bank in 1MDB saga 'investigating its employees'

BSI’s ongoing inquiry reportedly comes as authorities across the globe examine claims that 1MDB was used to funnel money to politically-connected individuals.

Singapore, Philippines central banks move to tighten cyber security

The two attacks through SWIFT, used by about 11,000 banks and institutions around the world, have sent tremors through the global financial industry.

Malaysia Says Too Early to Conclude Fraud in 1MDB-Abu Dhabi Deal

A report by a Malaysian parliamentary committee last month identified at least $4.2 billion of questionable transactions by 1MDB

'Mauritius, Singapore account for 50 p.c. of total FDI into India'

Structural fundamentals will be good as the government is trying to weed out the twists in tax structures.

US Exposes Global Finance Firms' China 'Influence-Peddling'

The Securities and Exchange Commission and the Department of Justice began investigating the recruitment programs of major investment banks three years ago, to see whether they violated the Foreign Corrupt Practices Act by hiring the friends and relatives

Legal, Regulation & Compliance