Managers of Wealth Asia Pacific

China freezes out three banks from parts of the currency market

Some participants in renminbi trading have been suspended as Beijing tries to stabilise the currency

Slater & Gordon bankers bring in investigative accountants

As part of that process, we agreed that our banking syndicate would appoint their own advisers, who we expect to work alongside those appointed by the board

Turkey must harmonize laws with China-backed bank before Jan. 16

Turkey has until Jan. 16 to harmonize its domestic laws with the legal structure of the Asian Infrastructure and Investment Bank to be able to appoint a representative to the bank's board.

Financial watchdog eyes tougher assessment of interest rate risk

The Bank of Japan's monetary easing has kept yields on Japanese government bonds at historic lows.

Freshfields acts for Deutsche Bank as it sells ¥25.7bn of Chinese assets

Freshfields was among several firms awarded positions as Deutsche Bank's go-to advisers after the bank finalised its global legal panel

Accused Rabobank trader in property fire sale

A spokesperson for Mr Thompson said the property was being sold to "fund legal costs".

Ex-UOB staff jailed 12 weeks for giving customers' details to loanshark

Koh Chee Tong, 30, faced four charges under the Computer Misuse and Cybersecurity Act, while another 20 charges were taken into consideration during his sentencing.

Hong Kong putting in place range of regulations to tighten up investment markets in 2016

Insurance sector, pension scheme, stocks to see vital reform to tighten regulations

China's banking regulator cracks down on online payment and P2P lending firms

The thrust of the CBRC's approach is that the platforms are intermediaries – matchmakers between borrowers and lenders – that shouldn't themselves raise or lend money.

China's central bank has suspended some foreign exchange businesses of several foreign banks

The People's Bank of China (PBOC) sent a notice to the impacted foreign banks on Monday

CIRC to regularise insurer’s investment and financing practices

The purchase of China developer Vanke by Anbang Insurance was viewed as one of the trigger points.

China stocks stabilize as central bank pledges flexible policy

Hong Kong shares also edged up, but trading remained thin.

SAFE grants new QFII quotas to 12 entities

The granting coincided with the Chinese government pressing ahead with RQFII scheme abroad at which Beijing recently struck an agreement with United Arab Emirates to allot 50 billion RMB investment quotas under RQFII programme to UAE.

Macro prudential assessment system to be introduced in 2016 - PBOC

PBOC also noted that MPA system will be the replacement of current dynamic adjustment in bank reserves.

China approves IPO reform proposal, new system could start by March

The State Council, or cabinet, had been awaiting approval on its plans to shift to a U.S.-style registration system for stock market floations.

SEC: Traders In China And Hong Kong Paying $920,000 To Settle Insider Trading Case

Liu was a private equity associate at TPG Capital, which had ties to both of the deals, and maintains a personal relationship with at least one current TPG Capital employee.

Sri Lanka secures support for Swiss bank account probe

The Swiss authorities agreed to co-operate and provide information if there are accounts in Swiss banks used for money laundering

Indonesia sets new capital norms for financial conglomerates

As part of capital calculations, the OJK will require conglomerates to measure net equity as the total capital of the parent company and its units, minus the injection or fund placement from parent companies to the units.

Law firms expanding employment practices

Law firms have been expanding their employment practices to meet a rising demand for litigation, bolstered by tighter labour controls

Chinese watchdogs team up to punish wayward listed companies

Errant listed firms and their executives will face a more united regulatory front as more than 20 government agencies agree to share information

Legal, Regulation & Compliance