Managers of Wealth Asia Pacific

Subrata Roy bail falls through after forging bank letter

This admission is a major setback for Roy, jailed in India on contempt charges.

Use Reform of State-Owned Firms to Help Fix Pension System

State-backed companies can afford to make bigger contributions to social security funds, and changes should be made so they do it

Clifford Chance and Dentons act on Everbright’s $528 mln deal with SHK

Clifford Chance is representing Hong Kong-based Sun Hung Kai & Co (SHKCO) on the $528 million sale of 70 percent of its securities business unit to China’s Everbright Securities

Global law firm adds Hong Kong Investment Management Partner

We are excited that Michael has joined us

Private-client specialist law firm in Singapore alliance

Singapore is without question the financial and legal centre of South East Asia and has the highest concentration of millionaire households in the world

King & Wood Mallesons continues global expansion with Singapore office

King & Wood Mallesons will further strengthen its global capability, and its Asian connections and capability, with its granting of a foreign law practice licence by the Attorney General’s Chambers.

Milbank Opens Office in Seoul, Korea

Mr. Kim has handled a long list of major cross-border transactions from Korea

City Harvest's ex-fund manager downplays involvement in property buy

Chew told the court on Tuesday 3 February that he was “just offering his services” in the role of a “fund manager"

China shadow bank regulation shows results

Beijing has declared a partial victory over shadow banking, which has loomed large over China’s $30tn banking system in recent years, enabling it to pursue looser monetary policy without exacerbating risks.

Hong Kong regulator may buy own property to save on rent

“In a digital era, the SFC can now communicate with brokers or fund managers by the internet.

Central banks of Singapore, Myanmar to strengthen bilateral cooperation

The central banks of Singapore and Myanmar are entering into a Memorandum of Understanding (MOU) to strengthen bilateral cooperation

Chinese monetary policy likely to take wait-and-see mode

China is likely to hold off major monetary policy decisions before more complete economic data indicates growth momentum

Receiver chasing 'over $25m'

The receiver of Ross Asset Management is "reluctant" to put a number on the millions of dollars it is seeking to claw back from former investors.

City Harvest's founder Kong Hee accused by church's ex-fund manager of lying to court

City Harvest Church's former fund manager on Monday accused founding pastor Kong Hee of lying to the court over the level of control he had over the Crossover Project, which involved using his wife's secular music as an evangelising tool.

Singapore Charges Ex-Forex Traders for Unlawful Gains

In unrelated cases, charges have been filed against Ivan Chng and Toh Hway Khuan, two ex-foreign exchange traders for alleged unlawful gains. The traders allegedly transacted around $1.1 billion US dollars in false trades using preferential rates.

Fund Managers to Include Foreign Assets in Indonesia

Indonesian investment fund managers may be allowed to include foreign assets in their mutual funds (conventional and Islamic-based mutual funds), offered to investors, soon

Chinese banks back risky stock margin finance in face of regulator crackdown

That exposes China's banking system to greater risks

China regulator says to punish 5 fund management firms for insider trading

China's securities regulator said on Friday it will punish five fund management companies for insider trading and prohibit them from issuing new mutual fund products for three to six months.

Linklaters appoints new India head on wave of business optimism

A quadrilingual, London-based finance partner has been appointed head of the India practice after the founder of the practice, the current incumbent Sandep Katwala, stands down after a decade in post.

Zeti: No one single entity will pose systemic risk

Zeti was speaking to reporters after a signing ceremony

Legal, Regulation & Compliance