Managers of Wealth Asia Pacific

China asks Britain for advice on creating financial super-regulator

The UK Treasury has lobbied hard to become China's partner of choice on a range of financial issue

Proskauer Makes Real Estate Push In London With DLA Hire As Latham Taps Kirkland In Asia for Another PE specialist

Proskauer Rose has made a strategic play to capture work in London's burgeoning real estate market with the hire of DLA Piper's global co-chair of hospitality and leisure, Joanne Owen.

Major foreign investors like JPMorgan, HSBC, Goldman okay with Sebi proposal for tightening P-Note Rules

As Sebi readies to tighten its rules for controversy-ridden P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the regulator and filing of suspic

Singapore charges ex-BSI banker with forgery in 1MDB-linked probe

Singapore authorities are conducting a wide-ranging money-laundering probe into bank accounts linked to 1MDB, whose activities have triggered investigations across three continents.

ASEAN Regulators Differ On Fintech Approach

Acknowledging that financial technology is challenging the status quo in the financial industry, Malaysia’s central bank Bank Negara Malaysia recently announced the commencement of a review on the regulatory framework for the adoption of Fintech, in

ASIC makes two permanent bans

Former chairman of Wickham Securities and founder of Sherwin Financial Planners Bradley Thomas Sherwin was also permanently banned from providing financial services.

A new boost to transparency in international tax matters: 6 new countries sign agreement enabling automatic sharing of country-by-country reporting

It will help ensure that tax administrations obtain a complete understanding of how MNEs structure their operations

Malaysia bolsters fintech regulatory framework

It will also look at new risks arising from fintech startups as a result of regulatory arbitrage and the impact on consumers.

China regulator tells some banks not to issue certain asset management products

Typically, classified asset management products are very risky products, particularly when the market is volatile.

Why Hong Kong career women marry men from China ... and where to divorce them - Withers

The number of Hong Kong women marrying Chinese men has risen fivefold in barely 20 years, but divorces are up too. What are the pros and cons of a Hong Kong divorce versus a China divorce?

West turned from sound business practices to fraud

His clients initially saw satisfactory returns from sound business practices.

Now declaration of Assets & Liabilities are mandatory while filing ITR

With a view to reduce compliance burden, the Wealth-tax Act was made inapplicable from A.Y.2016-17 with the stipulation that the information regarding assets forming part of the wealth-tax return will be captured in the Income-tax returns.

Panama files

Why do so many people in the world of business feel the need to maintain an offshore company?

Monetary Authority of Singapore should be vigilant on deflation, adjust policy if needed, IMF says

Against a backdrop of low inflation and lacklustre economic growth, the MAS eased monetary policy in April by removing the "modest and gradual" appreciation path of the Singapore dollar, in its third policy easing since January 2015.

NZ man linked to fugitive: 'I've never heard of him'

New Zealand First MP Ron Mark named Mr Francken in connection with the case of Calvin Ayre in Parliament.

India's bid to bring home tycoon Mallya rebuffed; to keep trying

The 60-year-old Mallya, a Formula 1 boss known as the "King of Good Times" for his party lifestyle, is the subject of a non-bailable warrant issued by a special judge in Mumbai.

Japan Will Leave Banks to Carry Out Their Own Stress Tests

"We’re considering if we can come up with a stress test-like setup,” Toshihide Endo, the director-general of the FSA’s supervisory bureau, said in an interview last month. "We don’t plan to impose external tests.

Citi Bans Yuan For Property Loans

The move comes as Australia’s large banks all make changes to lending to offshore clients with increasing fears of home loan fraud and money-laundering.

Mercer bolsters compliance offering

What's exciting about this acquisition is how we can make our clients' lives easier by removing some of the governance burden of monitoring legislative and regulatory changes and the impact these can have on our clients operations.

Baker & McKenzie Wins Six Awards at 2016 ITR Asia Tax Awards

The Firm took home both the regional award, 'Asia Tax Litigation and Disputes Firm of the Year,' as well as the national award, 'Tax Disputes & Litigation Firm of the Year' for Hong Kong and Vietnam.

Legal, Regulation & Compliance