Managers of Wealth Asia Pacific

Singapore raids brokers; exchange reports irregularities

Singapore has worked to restore confidence in the stock market after a penny-stock rout in 2013 that prompted the city’s largest securities-fraud probe

MAS says Singapore sound but warns of risks in Europe

The Hong Kong central bank and its exchange have also begun an assessment of the impact if Britain votes to leave the European Union in the June 23 referendum.

Singaporean Ex-BSI Private Banker Yeo Jiawei Charged Amid 1MDB Probe

A Singaporean ex-BSI private banker has been charged with receiving benefits from criminal conduct

HK Regulator In Talks With EU Markets Over Mutual Fund Recognition

Hong Kong’s securities regulator is in talks with certain European markets over the possibility of mutual fund recognition.

SFC bans Andrew Chow Ho Cheung for life

At the material time, Chow was responsible for introducing and selling investment products to customers of The Hong Kong and Shanghai Banking Corporation Limited.

RBI Issues Master Direction On Merger Of Private Sector Banks

The Reserve Bank of India today came out with master direction for merger of private sector banks and also between NBFCs and banks.

RBI Asks Banks To set Up Subsidiary For Investment Advisory Services

Banks that currently offer such services through an internal department will have to reorganize their operations within three years

Hogan Lovells builds team to specialise in transcending borders

To compete in such a market meant the new practice has been very selective about its first intake of partners.

Govt must support services exports through conducive policy: CIIKPMG report

A conducive regulatory environment and infrastructure could enhance India's global competitiveness in services

Corporate tax avoiders to be fast-tracked through courts, says ATO

The ATO believes the public is being short-changed by about $2 billion a year by corporate Australia.

Fitch Affirms Two Philippine Government Banks

Fitch believes the sovereign would have a high propensity to provide extraordinary support to the two banks in times of need, in light of their full government ownership and quasi-policy roles as set out in their respective forming charters.

China banks approved to invest in high tech firms: regulator

The banks are required to set up subsidiaries to carry out the investments, which can consist of equity or loan-linked investments, it said.

Kwick High Tech innovation supports massive biometrics programs

In Pakistan all new SIM cards must be registered to an individual whose identity is confirmed with a database of citizens managed by the National Database and Registration Authority

Singapore Property Billionaires Fall Out Over Iconic Project

The proposed liquidation of one of the island state’s most talked about projects, marks the inglorious end of a partnership between two powerful clans-the Kuoks and the Kwees.

Banks to foot bill to strengthen ASIC

ASIC welcomed the Government's support for the introduction of an Industry Funding Model.

Bank of China New Zealand Signs Agreement

Bank of China New Zealand Signs Agreement with Immigration New Zealand

Commissions survive as life remuneration bill flatlines

Labor would like to see the regulations which will accompany this Bill either exclude stamp duty and government taxes from the calculation of commissions, or to set out a timetable to achieving this outcome which would be acceptable to industry.

Turnbull highlights ASIC resources boost in Parliament

We are also taking action in respect of small business, protecting small business in the construction sector and on the roads, because the Labor Party's concern is only to run a populist campaign against banks."

BlackRock Asks Hong Kong to Stop Listed Companies Hoarding Cash

BlackRock Inc., the world’s largest money manager, has asked Hong Kong’s regulators to force companies to return excessive cash holdings to their shareholders.

Fin services lawyers face tech challenge

Fin services lawyers face tech challengeAll lawyers working in the financial services sector will be affected by the rise of fintech and they need to get their head around these changes, one partner has said.

Legal, Regulation & Compliance