Managers of Wealth Asia Pacific

China To Impose Tighter Laws On ‘Wild East’ Hedge Funds

The new rules are intended to further protect investors' legal rights and to regulate the private fund management industry

Credit Suisse Faces Penalty in Japan for Leaking Information

Credit Suisse Group AG faces punishment in Japan after the nation’s securities watchdog found that it leaked private information about a company.

Malaysia 1MDB: Saudi minister says Najib funds were donation

The 1MDB fund was set up by Mr Najib in 2009 to pay for major new economic and social developments in Malaysia.

Spain Court Releases Two ICBC Executives With Conditions

The Madrid court said this weeky only one of the six detained still remains in preventive custody.

World Bank and China-backed Asian Infrastructure Investment Bank join hands

Under consideration are around a dozen projects including water, transportation, and energy developments in East, Southeast and Central Asia.

Top firms for Asia Pacific M&A revealed

King & Wood Mallesons topped the list for number of deals

Swiss authorities expand criminal investigations into Malaysia’s 1MDB

The inquiry has so far shown that about $4 billion appeared to have been misappropriated from Malaysian state companies, Attorney General Michael Lauber said in January.

Singapore to Regulate Fintech Firms Only When They Pose Risk

Singapore is trying to encourage investment in financial technology to boost its role as a regional banking hub.

Leading ASEAN law firm & Al Aidarous Form Strategic Alliance in Middle East

Chambers Global and The Legal 500: Europe, Middle East & Africa have recognised WongPartnership in the areas of Corporate/Commercial, and Real Estate and Construction since 2011 and 2014 respectively.

Mid-East company denies links to 1MDB

Both firms said yesterday they had never received payments from the company with the almost identical name, nor assumed any liabilities on its behalf, Reuters reported.

APRA releases report on Trio investigation

APRA's focus was on the conduct of Trio as a corporate trustee and the conduct of individual directors between November 2003 and December 2009.

Adnan Sundra triumphs at Malaysia Law Awards

Up-and-coming players Peter Ling & van Geyzel and MahWengKwai & Associates emerged as the Rising Firm of the Year

High-flying Shanghai wealth management firm comes crashing back to earth

Police have arrested 21 people with ties to well-known Shanghai investment firm Zhongjin Capital Management, accused by police of illegal fundraising in China's rowdy and chaotic wealth management industry. Municipal police said in a statement on th

Australia's big banks wander deeper into regulatory quagmire

While increased regulatory scrutiny will eventually promote greater compliance, banks could face medium-term financial penalties, denting earnings and shareholder returns in a sector battling stricter capital rules and higher loan losses.

Bank of China enters Turkish market

As China's most internationalized and diversified bank, the Bank of China provides a comprehensive range of financial services to its mainland as well as 41 countries and regions.

Indian fund houses must reveal executive pay

India’s mutual fund industry, which collectively oversees $200bn of assets, has responded angrily to the changes.

ACC arrests Standard Bank officer for embezzling Tk 1crACC arrests Standard Bank officer for embezzling Tk 1cr

Files case against Midland Bank's MD for 'illegally wealth, false info'

Amid 1MDB probes, BSI suffers exits in Singapore and dispute over liability

Recent departures from BSI Bank Singapore have included the unit's head of compliance and an executive in its wealth management unit

Panama Papers: Singapore reviewing information, doing ‘necessary checks’

“Singapore takes a serious view on tax evasion and will not tolerate its business and financial centre being used to facilitate tax related crimes,” the Ministry of Finance and Monetary Authority of Singapore said in a statement.

Clients cannot hide behind anonymous structures: banks

Singapore could benefit from smart money's flight from 'dodgy' to quality jurisdiction

Legal, Regulation & Compliance