Managers of Wealth Asia Pacific

Japanese bank accused over bitcoin losses

Mizuho Bank, one of Japan's largest lenders, has became ensnared in North American legal fallout from Mt. Gox, once the world's biggest bitcoin exchange

Singapore: Financial services oversight drives rise in professional jobs

Morgan McKinley study shows 7.4% hike in Jan; 15% of job increases are from regulatory hiring

Leading international law firm continues global expansion with Singapore office

The head of Harneys’ banking and finance practice group, will relocate from Hong Kong to Singapore

Pakistan Central Bank Blocks Kuwait’s Noor From Selling Meezan Bank Stake

Pakistan's central bank stated the prospective buyer had not met its standards for suitability

Japan banks to sidestep Volcker private equity restrictions

US regulators give green light to grey area structure

Hong Kong banks' battle for deposits starts earlier

A regulatory directive that banks in Hong Kong fund the loans they make with deposits of longer tenor has spurred the lenders to begin their annual battle for deposits earlier this year.

Singapore to regulate virtual currency intermediaries

Those who buy, sell or facilitate the exchange of virtual currencies such as Bitcoins for real currencies in Singapore will have to verify the identities of their customers and report suspicious transactions when new rules take effect.

Hong Kong rate probe finds no rigging

Hong Kong's de facto central bank has notified banks in the city that a more-than-yearlong investigation found no successful manipulation of the local benchmark interest rate

UBS Traders Found to Have Tried Rigging Hong Kong Rate

UBS AG traders tried to rig Hong Kong’s benchmark interest rate between 2006 and 2009, the city’s central bank said following a more than yearlong probe.

Banks and capital requirements: channels of adjustment

Bank capital ratios have increased steadily since the financial crisis.

Hong Kong.: EU regulator defends extraterritorial laws

The chairman of the European Securities and Markets Authority, Steven Maijoor, outlines to AsianInvestor his views on the effect of rules such as AIFMD on non-EU jurisdictions.

Singapore to Regulate Bitcoin Operators to Curb Money Laundering

Singapore plans to regulate virtual-currency intermediaries including operators of Bitcoin exchanges and vending machines to address potential money-laundering and terrorist-financing risks.

China to experiment with private banks

China will launch a trial programme for private firms to set up banks.

Here is all you want to know about Sahara Chief Subrata Roy and his scam

There is no relief for Sahara chief Subrata Roy as the Supreme Court has stayed hi plea. Subrata Roy will be in judicial custody till March 26.

SC to step up capabilities for Islamic fund, wealth management

The Securities Commission will further strengthen industry capabilities and cross-border linkages in the area of Islamic fund and wealth management

China to launch private bank pilot programme

The pilot, which was approved by China's government in January, is the first tentative step by the country to open its hitherto closely guarded banking sector to private investors.

ADB punishes individuals, firms in $1 billion fraud probe

The Asian Development Bank has imposed sanctions on 30 people and 31 firms for "integrity violations", following a 2013 fraud investigation into $1 billion worth of projects it funded,

GIC will maintain price discipline in its investing decisions

The five principles are: pursue intrinsic value and maintain price discipline; practise long-term investing; pick our spot: be focused and leverage our strengths; pay attention to risk control and prepare for the future.

SEBI: Appoint directors to fulfil anti-money laundering obligations

Asks intermediaries to furnish details to Office of the Director, FIU-India

Hong Kong Probe Finds No Manipulation of Benchmark Rate

Hong Kong’s de facto central bank has notified banks in the city that a more than year-long investigation found no successful manipulation of the local benchmark interest rate

Legal, Regulation & Compliance