Managers of Wealth Asia Pacific

New China rules to boost small fund houses

Fund management companies are now allowed to set up this type of fund as long as it has been injected with at least 10 million RMB

Banker Arrest Rattles Lenders as Slowdown Deepens: India Credit

Federal investigators apprehended the chief of state-run Syndicate Bank this month, accusing him of accepting bribes in exchange for providing ``financial advantages'' to companies.

Philippines: PSC orders criminal prosecution of defunct Orient Bank owner

The High Tribunal held that the RTC in Manila’s dismissal of the case was null and void

Baker & McKenzie Advises on Allied World's Acquisition of RSA's Hong Kong and Singapore Operations

Baker & McKenzie has advised Allied World Assurance Company, Ltd on its acquisition of the Singapore and Hong Kong operations of Royal & Sun Alliance Insurance plc for approximately USD215 million.

Gov't to seize over US$3.37 billion Marcos ill-gotten wealth

The long-disputed Arlema assets are now ordered seized by the state

ASEAN’s CIS fund passport scheme goes live

Retail investors in ASEAN will benefit from an increase in the choice of funds for investment with the launch of the ASEAN CIS Framework

New Zealand Police seize assets of Chinese-born millionaire in money-laundering probe

Yan, who has a reputation for spending millions in the city's biggest casino, was seen meeting a defense lawyer Simon Lance after the raid

Deutsche Bank offers ICBC executive Zhang Hongli a settlement deal

German lender tells ICBC banker it is suing over unapproved transfer to a relative's company that it will forgo the interest in the US$6.3m lawsuit

Hogan Lovells Advises on USD 93.9m Placing Of H Shares Of New China Life Insurance Company Limited.

The Hogan Lovells team advising Standard Chartered was led by partner Terence Lau, and supported by partner Thomas Tarala.

Sebi to study global systems to catch manipulators early

To help it detect fraudulent and manipulative activities at an early stage, Sebi is looking at market intelligence infrastructure and techniques of foreign regulators to put in place a 'trend-discovery module'.

New private fund regulation puts the focus on risk tolerance

The China Securities Regulatory Commission on Friday released a regulation on the marketing and sale of privately offered investment funds.

'A Practical Guide: Anti-Corruption Compliance in China' - King & Wood Mallesons

This book crystalises the joint efforts of King & Wood Mallesons’ Anti-Bribery Compliance Team, including partners: Ms. Wu Wei, Mr. Harry Liu, Mr. Guan Feng ,

Australian Federal Police seize millions from the bank accounts of nine Russian business people

The Gold Coast branch of the ANZ Bank sees its share of wealthy new customers, but few could match the smartly-dressed tourists with Russian accents who opened accounts in 2011

New Zealand: Anti-Money Laundering – critical compliance date looms

The first report is for the period from 1 July 2013 to 30 June 2014

Standard Chartered Aims to Fix Money-Clearing System

Bank's Allegedly Flawed Systems Were Root of $300 Million Settlement With New York State

Macquarie's dirty little secret: Select clients were spared in BrisConnections float

The investment bank allowed some wealthy customers to pull out of the BrisConnections initial public offering in 2008 when it looked like the float was going to tank, according to seven current and former Macquarie staff.

Standard Chartered reaches a settlement with the New York State Department of Financial Services

If a bank fails to live up to its commitments, there should be consequences

Ashurst hires major restructuring team in Asia

The team, which comprises Bertie Mehigan, Joel Hogarth, Ratih 'Ipop' Nawangsari and Debby Sulaiman, has acted on some of the most significant and high profile restructuring matters in the region over the last ten years, particularly in Indonesia

Macquarie linked to bankrupt Chinese property developer

A Macquarie-backed trust company has been caught up in China’s shadow banking woes following reports that one of its property development clients is bankrupt.

PwC takes on Aussie legal market with hire of ex-KWM partners

The Australian launch is part of a wider plan to transform PwC Legal into a top 20 global player within the next five years

Legal, Regulation & Compliance