Managers of Wealth Asia Pacific

The World’s Top UHNW Lawyers

Whether it be tax or estate planning, these lawyers will have you covered.

Deacons recognised as one of Asia’s fastest growing firms

With 230 qualified lawyers, the firm is ranked as the 66th largest independent firm in Asia.

China to detail rules for launch of foreign hedge fund products

The move will help diversify the pool of investors, bring in new asset management talent and deepen deregulation of the capital markets, CSRC said.

SFC publicly censures two units of Bank of America Merrill Lynch Group for breaches of Takeovers Code

In deciding the sanction, the SFC took into account BofAML Group’s full cooperation and the remedial measures it has now put in place to ensure future compliance with the Takeovers Code.

China's CITIC Bank Tries To Seize Real Estate Assets in Canada

The bank is looking to seize numerous Vancouver-area homes, valued at some C$7.3 million, along with other assets, according to the lawsuit, which was filed in the Supreme Court of British Columbia in Vancouver on June 24.

Banks will always take more risk: APRA exec

The comments were made as part of a panel session reflecting on several research papers presented at the CIFR showcase.

Mayer Brown loses its spot as Japanese bank Nomura reviews its legal panel

White & Case and Slaughter and May are newcomers to the bank's panel, joining established advisers such as Freshfields Bruckhaus Deringer, Linklaters and Allen & Overy.

Hong Kong bans former Wing Lung Bank employee

The Court found Liu fraudulently represented to three customers about certain high return investment products.

China central bank chief sees ‘dynamic’ monetary policy adjustments

Since devaluations last August and in January roiled markets, the PBOC has spent hundreds of billions of dollars in foreign exchange reserves

Oliver Curtis spends first night in prison after being sentenced for insider trading

NSW supreme court judge says former stockbroker used profits from the conspiracy to ‘fund a lifestyle of conspicuous extravagance’

Bank to continue investment strategy when need arises

There will be job increases in Vietnam and also in the Philippines where we have applied for a licence.

Singapore Central Bank Says Ready to Curb Excessive SGD Volatility

The MAS manages monetary policy by letting the Singapore dollar rise or fall against the currencies of its main trading partners

MAS says BSI's Swiss appeal has no bearing on its regulatory action

Switzerland also began criminal proceedings against BSI.

UBS Gives IRS Records on U.S. Citizen’s Account in Singapore

The IRS said it needed the records to determine Hsiaw’s income tax liabilities from 2006 to 2011.

Regulator dials up pressure on banks’ real estate lending

The comments add to heated debate that ANZ, Westpac, Commonwealth Bank and National Australia Bank may have to seek more cash from shareholders in coming years to meet new regulations, on top of about $18 billion raised last year.

APRA outlines plans to refocus Appointed Actuary role

APRA's proposals are designed to ensure the role remains fit for purpose.

ASIC puts culture top of mind

Poor culture often leads to poor outcomes for investors and consumers, impacts on the integrity of the Australian financial markets, and can erode investor and financial consumer trust and confidence.

Welfare fraud targeted more than tax evasion

White collar criminals get a better deal than welfare fraudsters because the system is biased before they even get to the courts, a lawyer says.

Hackers Hit Indonesia, South Korea Central Bank Websites

In response to the attempted hacks, Bank Indonesia has blocked 149 regions that don't usually access its website, including several small African countries, deputy governor Ronald Waas said in an interview late on Monday.

Macquarie admits to mismanagement of van Eyk fund

The Australian Securities and Investments Commission has filed a lawsuit in the Supreme Court of New South Wales against Macquarie,

Legal, Regulation & Compliance