Managers of Wealth Asia Pacific

Former Amex exec gets Hong Kong life ban

Lo Hoi Luen has been banned for life from re-entering the industry by the city's securities regulator, after forging a client’s signature for a product purchase.

Dechert targets Asia growth as global revenue hits $777m

We’ll have more focus on growth in 2014

UBS probed for tax evasion

UBS, the largest Swiss bank, is suspected of stashing away proceeds worth about 50 billion won

ANZ customers win partial victory over late fees

Australia's Federal Court has found that late fees charged by Australia and New Zealand Banking Group (ANZ) were "extravagant, exorbitant and unconscionable".

Norton Rose Fulbright launches global regulation and investigations practice

We identified global regulation and investigations as an area that is one of the greatest for clients in terms of concern, focus and spend

Alternative Business Structures for Law Firms Likely to Go Global

The revolutionary changes sweeping jurisdictions like the UK with their "Tesco law" changes have begun to radically alter the way in which law firms are structured and owned.

Senior Management Increasing Efforts Globally To Combat Money Laundering

Attention being paid by senior management to money laundering challenges is at an all time high according to findings from a new KPMG International report.

PHILIPPINES: Former Chief Justice and wife indicted for unexplained wealth

Forfeiture case to be filed at Sandiganbayan vs Coronas

HK fugitive bribed bank official with HK$2.3M

Zeng was recently arrested when he reportedly used a different identity to try to enter Saipan

THAILAND: SEC asks asset management companies to prepare for panic selling by investors

The Securities and Exchange Commission on Wednesday asked asset management companies to increase to twice daily their reporting of money flowing in and out of mutual funds

Top investment banker and stay-at-home husband in £11m divorce battle after 'final straw' row on a family holiday ended their marriage

Ms Tan argues divorce case should not be heard in Britain because she lives in Malaysia and Mr Choy is from Hong Kong

BNP Paribas enters EU with ASIC

BNP Paribas has entered into an enforceable undertaking with the Australian Securities and Investments Commission in relation to potential misconduct involving the Australian Bank Bill Swap Rate.

A&O's Wickenden heads to Hong Kong to steer US securities practice

Allen & Overy’s London-based capital markets partner Jim Wickenden has moved to Hong Kong to steer the firm’s US securities practice.

Australian regulator reprimands BNP Paribas over rate fixing

French bank BNP Paribas SA has been censured by Australian regulators after revealing its traders tried to influence the setting of the country's benchmark inter-bank interest rate, the latest in a string of scandals over global rates setting.

HKMA urges Hong Kong banks to keep higher-than-Basel capital reserves

The Hong Kong Monetary Authority is in talks with local lenders to keep more reserve capital than is required internationally in case there is an economic downturn but banks have opposed the recommendation

Applyby advised standard Chartered Bank On Loan facilities To Prosperity

Appleby acted for Standard Chartered Bank in relation to loan facilities to Prosperity Real Estate Investment Trust.

New financial reporting requirements for China

China has announced new reporting requirements for PRC residents – measures which also affect individuals residing in the country for more than a year and corporations registered in China.

Shadow banking crisis looms as China Credit Trust faces default

The Shanghai branch of the ICBC said it will make an announcement on specific measures regarding the trust before Jan. 28.

SEC issues ban on Big Four over China audits

The row over global audit firms in China has taken a new turn

China blocks CBC website after story about offshore accounts

The Guardian, Le Monde, El Pais and parts of BBC also unavailable on mainland

Legal, Regulation & Compliance