Managers of Wealth Asia Pacific

Beijing crackdown nets five more fund managers

Market shake-up expected as Beijing shows zero tolerance for insider trading

China urges talks between Argentina, hedge funds

China understands relevant concerns of the Argentine side on debt issues related to the 'vulture fund

Indonesia 'will be more strict on foreign acquisition of banks'

In July last year, Singapore's DBS Group Holdings Ltd said it would not pursue a $7.2 billion takeover of Indonesia's PT Bank Danamon after Indonesia's central bank capped foreign ownership of its banks at 40 percent.

China stock regulator hands over JV fund insider trading cases to police

The regulator launched a sweeping clamp-down on insider trading in China's $1.2 trillion mutual fund industry this year as part of efforts to rebuild investor confidence in the country's lagging stock markets.

DibbsBarker kicks off financial year with three new partners

DibbsBarker is pleased to announce the appointment of three new partners from 1 July 2014, as well as 12 other promotions firm-wide for the new financial year.

Singapore’s Central Bank Steps Up Effort To Combat Financial Crime

One of the steps the MAS is taking to lower such risks is to discontinue the issuance of S$10,000 notes from Oct 1

Withers appoints seven new international partners

Withers has announced the appointment of seven new partners across the firm's international offices and practice areas. The appointees' new roles took effect from 1 July 2014.

Will Hong Kong's New Companies Ordinance Affect the Use of BVI Companies? By John Melia, Partner and Group Head, Corporate & Commercial/Hong Kong, Appleby

Hong Kong's new Companies Ordinance came into force on 3 March, 2014, and is designed to modernise Hong Kong companies and make them easier to operate. Historically, certain aspects of the Hong Kong company law regime have encouraged the use of BVI c

Asia Pac 150: Davis Polk leads US firms’ charge in Hong Kong

The growth means the firm has overtaken Latham & Watkins, O’Melveny & Myers and Pinsent Masons to become the 20th largest firm in the region

Former WealthSure financial adviser gets jail time for fraud

Veitch was an authorised representative of WealthSure from 14 December 2005 to 23 February 2010.

CIMA Business Brief on unravelling FATCA complicities

CIMA Sri Lanka conducted the business brief on 27 June under the theme ‘Unravelling FATCA complicities’.

Headcount at Eversheds falls by 23.5 per cent

Eversheds saw the biggest drop

China's $US15 billion in fake deals could weigh on gold

Chinese gold processing firms have used falsified gold transactions since 2012 to borrow 94.4 billion yuan from banks, the country's chief auditor said.

Senate inquiry turns up heat on Macquarie

The Senate committee singled out Macquarie Private Wealth for extra attention, but said the Australian Securities and Investments Commission should also re-examine other financial businesses that have been of concern.

CBA apologies again, refutes reckless culture accusations

"These actions were facilitated by a reckless, sales-based culture and a negligent management, who ignored or disregarded non-compliance and unlawful activity as long as profits were being made," the Economics Committee chairman Senator Mark Bis

Some Japan lawmakers seek U-turn in regulation of moneylenders

The LDP-led government began tightening regulations in consumer lending in 2006, as millions of individuals and small firms took on debts they couldn't repay and as criticism grew over the menacing methods used by some to collect debts.

Appleby Advised Earthasia On Its Hong Kong Listing

Earthasia International Holdings Limited listing on the Main Board of the Hong Kong Stock Exchange with gross proceeds of approximately HK$120 million

Baker & McKenzie Elects 65 New Partners Worldwide

Regionally, 29% of the promotions are in Asia Pacific; 32% are in Europe, Middle East and Africa; 14% in Latin America; and 25% in North America. 28% of those promoted to partner are women.

SFC Proposes Review of Fund NAV Disclosure Requirements

Present norms require fund houses to publish scheme’s prices or latest net asset value

S'pore unveils new rules to strengthen banking system

An explicit D-SIB framework will allow MAS to set targeted and appropriate policy measures for systemically important banks

Legal, Regulation & Compliance