Managers of Wealth Asia Pacific

Bank Negara sees need for more prudent regulation, supervision

Cumulatively, these developments necessitate greater prudential regulation and supervisory oversight to ensure a resilient and sustainable financial system

JSCL restricted from buying Dubai Bank’s stakes in BankIslami

Earlier in August 2015, a consortium led by Ali Hussain of JSCL and Alkaram Group offered Dubai Bank to purchase its 144.200 million in the BankIslami.

Shang Cayman Merger with Singapore's Redwood Group Asia

Partner Arwel Lewis and counsel Amelia Hall, both based in Walkers Hong Kong, acted upon this deal.

Companies call for shareholding cap to check GPIF's influence

The GPIF calculates that lifting the direct-shareholding ban would save 1 billion yen $8.44 million a year in management and other fees paid to financial institutions.

South Korean court orders jail term for Deutsche trader for market manipulation

The Deutsche Securities employee, identified by the court as Park Do-joon, was at the time a senior vice president in charge of stock derivatives, according to Yonhap news agency.

Surrendering jurisdiction or harmonisation of effort?

It is common ground among insolvency lawyers that the concept of insolvency should be a unitary and universal one, so long as it does not conflict with local law or policy: this is the doctrine of ‘modified universalism’.

Probe clears Malaysian PM Najib, says $681 mln transfer a Saudi gift

"There was no reason given as to why the donation was made to PM Najib, that is between him and the Saudi family," Apandi said.

UOB Kay Hian representative punished for insider trading

He has admitted to contravening section 219 2 a of the SFA and has paid MAS a civil penalty of $110,000 without court action.

Adelaide man sues Westpac for $1 million over race discrimination

In court documents obtained by The Australian Financial Review, Mr Chopra says he was promoted in 2012 to the position of executive financial adviser, replacing colleague Anil Thusoo, who is also of Indian descent.

Budget may ease rules for offshore fund managers moving to India

The rules were changed to the extent that mere presence of a fund manager in India does not constitute PE of the offshore fund.

Bank of China submits records in Gucci case after fines

Sullivan initially ordered Bank of China to turn over customer records in 2011. He renewed his order in September, after a federal appeals court told him to revisit the matter.

Bank of China targeted by US for money-laundering controls

In the OCC action, which was signed last month by Chen Xu, head of the bank's New York branch, the lender's US division agreed to fix policies for finding and reporting suspicious behavior among its customers, keep better track of currency trans

No European, Thai banks for Myanmar’s new banking licences

European banks will not be included in the second round of foreign banks receiving new banking licences in Myanmar

Australian financial institutions set to leverage new technologies in response to risk and regulatory pressure

Wolters Kluwer Financial Services predicts heavier reliance on integrated data sets, further integration between risk and finance

Philippines Plans to Restrict Access to Cash-Mopping Tools

Policy makers are reviewing access to its liquidity-mopping tools “under the overall framework” of its interest-rate corridor

Before he was Eddie at ANZ, he was Eduardo at Dresdner Kleinwort

As was the fashion back in the global financial crisis, the once mighty Dresdner Kleinwort got into major trouble.

Appleby advised on two of China Business Law Journal's ‘Deals of the Year’

Appleby was recognised for its work on two of the year’s most significant M&A transactions in China Business Law Journal’s 2015 'Deals of the Year.' The deals are Shenyin & Wanguo Securities' merger with Hongyuan Securit

Djibouti signs trade, banking deals to deepen ties with China

Another agreement aimed to expand Djibouti's role for transhipment of goods in trade between China and the world

Appleby's Frances Woo named among 2015 IFC Power Women

Running for the third consecutive year, the list honours 200 of the most powerful women in government, private wealth, private client advisory, education and philanthropy across the international financial centres.

China Could Be Considering A Ban On Hedge Funds

According to Red Pulse, an event-driven research firm in Shanghai covering market events impacting Chinese companies, a source has said that new investment companies might be banned from registering in Beijing.

Legal, Regulation & Compliance