Managers of Wealth Asia Pacific

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.

Elian Supports Garuda Indonesia's landmark US $500m Sukuk

It is anticipated that the funds raised will be used by Garuda Indonesia to refinance its debt as well as for general corporate purposes including capital expenditure.

Cap markets partner leaves Linklaters for Davis Polk in Tokyo

In 2014, he advised on Seibu Holdings’ $438 million IPO on the Tokyo Stock Exchange.

Korea's Bae, Kim and Lee open in Hong Kong

South Korean law firm Bae, Kim and Lee has set up an office in Hong Kong as part of its expansion plans

Singapore to boost Islamic finance regime

WITH cross-border Islamic finance set to grow further, Singapore's central bank will continue to strengthen its Islamic finance regime and capabilities, said Jacqueline Loh, deputy managing director of the Monetary Authority of Singapore.

Deacons advises JAC Capital

Overall, the acquisition represents an important step for JAC Capital in its movement into the semiconductor market.

Leading offshore law firm announces partner promotions

These moves are in response to the huge success of both the BVI and Hong Kong offices

Ross Asset Management investor tries to keep his name secret

The identity of the investor was suppressed in a test case heard in the High Court at Wellington in February.

Legal, Regulation & Compliance