Managers of Wealth Asia Pacific

Fraud risk part of SMSF trustee obligations

SMSF trustees need to consider the risk of fraud and governance risk as part of their compliance obligations, Marjon Muzier, managing director of Red Willow said.

Hawkish BOJ policymaker calls for rate hike once every few months

The remarks came in the wake of the central bank’s decision this month to raise its policy rate to a 31-year high of 1%, as the Iran war-induced energy shock adds to price pressures from a tight ‌labour market ‌and rising import costs from

ASIC sues former Keystone Asset Management directors and compliance committee members over alleged Shield failures

ASIC Chair Sarah Court said the case reflects alleged failures in how hundreds of millions of dollars of Australians’ super savings were handled and protected.

MAS Establishes Future of Finance Institute to Scale Financial Innovation

The announcement was made at the ABS Annual Dinner on 25 June 2026 by Mr Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of MAS.

Hong Kong Poised to Modernize Tax Framework to Attract Global Fund Managers

This comprehensive legislation cements Hong Kong’s position as Asia’s premier asset management hub.

South Korean chipmakers are being paid such massive bonuses it’s becoming an inflation problem for the central bank

A wage-price spiral is the concept of higher wages increasing consumer demand and pushing up prices as a result.

Hong Kong introduces Uncertificated Securities Market regime

This is achieved through dematerialisation, where physical share certificates are replaced by electronic records maintained by approved securities registrars (each an ASR) through computerised systems.

Bank of Japan lifts policy rate to 31-yr high

The bank’s rate hike after keeping it steady at the three previous meetings brings its policy back on a normalization track after a decade of unorthodox easing that ended in March 2024.

$35 million penalty sought as HSBC admits to scam protection failures, and implements compensation plan

The proposed resolution is subject to the approval of the Court, and it is a matter for the Court to determine whether the proposed orders are appropriate and whether any other orders should be made.

Vietnam central bank proposes easing limit on short-term funds for long-term lending

The proposed amendment would effectively restore the limit to its 2020-2021 level.

Thai virtual banks expected to lose money in early years

Brokerage KKPS says growth constrained by regulatory framework focusing on risk management

ASIC and APRA announce FAR changes to reduce administrative burden

ASIC and APRA estimate that the changes will reduce reporting for all accountable entities and the 4500 impacted accountable people.

Record of Discussion of the Meeting of the Exchange Fund Advisory Committee Currency Board Sub-Committee held on 4 May 2026

(Approved for Issue by the Exchange Fund Advisory Committee by Circulation)

Legal, Regulation & Compliance

Fraud risk part of SMSF trustee obligations

Hawkish BOJ policymaker calls for rate hike once every few months

ASIC sues former Keystone Asset Management directors and compliance committee members over alleged Shield failures

MAS Establishes Future of Finance Institute to Scale Financial Innovation

Hong Kong Poised to Modernize Tax Framework to Attract Global Fund Managers

South Korean chipmakers are being paid such massive bonuses it’s becoming an inflation problem for the central bank

Hong Kong introduces Uncertificated Securities Market regime

Bank of Japan lifts policy rate to 31-yr high

$35 million penalty sought as HSBC admits to scam protection failures, and implements compensation plan

Vietnam central bank proposes easing limit on short-term funds for long-term lending

Thai virtual banks expected to lose money in early years

ASIC and APRA announce FAR changes to reduce administrative burden

Record of Discussion of the Meeting of the Exchange Fund Advisory Committee Currency Board Sub-Committee held on 4 May 2026

Bank of Japan: Gradual normalisation with higher JGB yields – ING

ASIC updates mandatory credit reporting relief

APRA Deputy Chair Margaret Cole recognised in King’s Birthday Honours

Japan to ease bank capital adequacy requirements

ASIC proposes to withdraw financial reporting relief for uncontactable members

HKICL alerts public of fraudulent website

Taiwan calls on domestic asset managers to scale up – report