Managers of Wealth Asia Pacific

Govt to issue regulation on pension programs

President Joko “Jokowi” Widodo is expected to issue this week a government regulation on pension benefit programs

Former Capgemini star sues the firm for sex discrimination

A former Capgemini star performer, Shelley Oldham, is suing the firm and former chief executive Paul Thorley for sex discrimination, including encouraging a hostile work environment for women.

Offshore law firm to open in Singapore

The Singapore launch is an important milestone as we celebrate ten years of business in 2015

Hong Kong: Look Back, Face Forward: 25 Years Of Offshore In Asia

When Appleby opened an office in Hong Kong in 1990, it was one of the first offshore law firms to establish a physical presence in Asia

Three major banks chasing luxury car hire company for $2.5 million in unreturned security deposits

An exotic sportscar rental business has left customers around the country fuming after repeatedly taking big security deposits and failing to return them.

Desperate for Growth, Indonesia Unveils Raft of Micro-Measures

With his biggest reforms making little headway in a nation fraught with corruption and political jockeying, President Joko Widodo has turned to tweaks in taxes and regulation in an effort to revive waning Indonesian growth.

Eversheds scoops innovation prize

Eversheds climbs 9 places in the FT Law 25 ranking of Asia-Pacific’s most innovative law firms

ASIC releases guidance on impairment of non-financial assets

Commissioner John Price said the release was driven by the regulator’s concerns about the accounting treatment of non-financial assets

Debevoise Advises AIG in its $158 Million Sale of its Taiwan Consumer and SME Businesses

The transaction is expected to close in the second half of 2016, subject to necessary regulatory approvals.

Azmi & Associates Appoints 2 New Partners

With the promotion, the partnership base of the Firm grew to 16, and with 52 lawyers and 12 trainee lawyers, the Firm progresses further in its capacity building to offer whole range of legal services to Malaysian and international clients.

There They Go Again: Asian Central Banks Cut Rates, Spur Bubbles

The latest developments in Asia suggest that more may be coming.

Reserve Bank of India Will Hike Investment Limits After Fed Hike: BofAML

The Reserve Bank of India will hike foreign portfolio investors’ G-sec investment limits only towards end-2015 after the markets have priced in the anticipated September Fed rate hike, notes BofAML.

CC, Ashurst on Philippines life insurance JV

The Clifford Chance team was led Hong Kong partner Amy Ho, with London partner Clare Swirski assisting on the bancassurance agreement.

Thailand Central Bank Stays Pat After Two Rate Cuts

The Thai central bank on Wednesday held its key interest rate unchanged after reducing it in surprise moves in the previous two sessions, citing downside risks to the growth outlook.

Banks' foreign ownership regulations too liberal: Economist

The last version of the banking bill after its most recent revision set a 40 percent cap on foreign ownership in banks.

Great American Insurance Group Singapore Operation Open for Business and Accepting Submissions

With this authorisation, MAS has also approved the appointment of Mr. Chee Keng Koon as the Chief Executive of Great American Insurance Company – Singapore Branch.

International law firm continues dramatic global expansion

Hires Asian corporate tax head and launches Tokyo tax practice

Kadir: Zeti’s performance under public scrutiny

Bank Negara Governor not managing contagion effects of 1MDB on economy, ringgit.

Preneet Kaur denies having any foreign bank account

Kaur and members of her family are facing official scrutiny by tax authorities who are probing the link between her alleged HSBC Geneva account and trusts and companies

CFA Institute urges China to address mis-selling

The CFA Institute has singled out mis-selling of financial products as one of the top challenges facing the Chinese financial market.

Legal, Regulation & Compliance