Managers of Wealth Asia Pacific

Fresh calls for Kohanga Trust to resign

The members of the Kohanga Reo National Trust Board are being called on to resign their positions.

Pinsent Masons adds Beijing infrastructure partner

Pinsent Masons has added to its Asian infrastructure group with the hire of Formosan Brothers construction and disputes partner Helena Chen in Beijing.

Asia Pacific associates see partnership promo prospects rise

Recent Asia partner promotions statistics from eight international firms over the past four years suggests local senior lawyers stand a good chance of being made up.

Hong Kong follows UK scrutiny of dealing commissions

Hong Kong’s securities regulator is investigating how asset managers pay for investment research in the first sign the UK’s proposed shake-up of the industry is widening internationally.

World's Largest Investors Engage Stock Exchanges on Sustainability Reporting Standard for Companies

Sustainability advocacy group Ceres, in collaboration with BlackRock and other major institutional investors across the globe, announced an initiative to engage global stock exchanges, via the World Federation of Exchanges, on a uniform standard for susta

OJK releases 2014 Indonesian banking booklet

The Financial Services Authority has released its 2014 Indonesian Banking Booklet as a way of providing an easy-to-read information source on the country’s related banking policies and regulations.

Metrobank bares strategy to meet new banking rules

Metropolitan Bank and Trust Co. said it has been actively preparing for new banking regulations while implementing strategies to increase volume and market share through improved products and services.

Sentencing Corrupt Bankers to Death by Firing Squad

But these death sentences nevertheless are high profile scandals in Vietnam.

UPDATE 2-Singapore probes companies at centre of penny-stock crash

The scandal led to a series of proposed reforms to the city-state's stock trading rules.

Vietnam Issues Licenses to 65 Foreign Institutional Investors in 1Q

Vietnam issued trading licenses to 65 foreign institutional investors in the first quarter, up from 53 issued in the same period last year.

HK probes lenders over alleged FX manipulation

Several banks and brokers have already been fined billions of dollars for manipulating benchmark interest rates

Mizuho sued over loans to gangsters

The Financial Services Agency issued business improvement orders to Mizuho Bank in September 2013 and December 2013 after the bank failed to take appropriate steps to address the loan problem and made false reports to the agency.

Some Sri Lanka bank mergers, strategic investors given nod: Central Bank

Sri Lanka's central bank said it had approved in principle mergers among a few banks and non-bank lenders, in a regulator driven bid to build a financial sector made up of fewer, larger firms.

International law firm promotes 4 to partnership in Asia

The offshore law firm has promoted 12 of its lawyers to the firm’s partnership globally

Owner of New York's Plaza Hotel and London's Grosvenor House hote asks staff to chip in $1,600 each to pay bail for boss

Indian firm Sahara has asked each of its employee to pay 100,000 rupees to fund the $1.7 billion bail to get the boss out of jail

China seizes $14.5 billion assets from former leader

Chinese authorities have seized assets worth at least 90 billion yuan from family members and associates of retired domestic security tsar Zhou Yongkang, who is at the centre of China's biggest corruption scandal in more than six decades

Stephenson Harwood enters Formal Law Alliance with Singapore's Virtus Law

The firm also launched in Beijing around the same time, marking its fourth office in Greater China.

Court jails Chinese fund manager for insider trading

A court in China has sentenced a former fund manager of Bosera Asset Management Co to a three-year imprisonment for insider trading.

CBA calls for crackdown on shadow banks in Murray submission

Commonwealth Bank wants the same laws governing banks to be extended to so-called "shadow banks" and to new finance technology companies, suggesting the status quo is exposing traditional banks to additional risks.

Hong Kong Regulator Probes Departed J.P. Morgan Executive

Hong Kong's antigraft agency visited the offices of a former J.P. Morgan Chase & Co. executive who left the firm amid a continuing probe of the U.S. bank's Asian hiring practices

Legal, Regulation & Compliance