Managers of Wealth Asia Pacific

Alleged inside trader refused bail

Two men allegedly involved in a $7 million insider trading racket used mobile phones in false names to communicate sensitive market information, a court has heard.

US regulator will hear appeal on 'Big 4' Chinese affiliates

The firms argued they were trapped between US law

NAB rules out link to $7m forex dealings

The National Australia Bank has distanced itself from an insider trading scandal involving an employee arrested on Friday over allegations he and a friend at the Australian Bureau of Statistics used unreleased economic data to make $7 million on currency

Former KWM Australian head launches advisory boutique

The duo have co-founded LCR Advisory in a bid to provide strategic legal, corporate and regulatory advice to leading organisations, with a different approach from the traditional law firm model

Fenwick & West Opens Shanghai Office

Fenwick & West, announced today the continued expansion of its China Practice with the opening of a licensed representative office in Shanghai.

Wikborg Rein applies for second China licence in Beijing

Wikborg Rein’s China expansion is led by international managing partner Geir Sviggum

U.S. SEC expands probe into top banks’ hiring in Asia: WSJ

The regulator has not accused any of the banks of wrongdoing, the paper said.

SFC bans two female ex-bankers for life

The victims in both cases have been compensated.

SFC reprimands and fines Kaiser $1.7 million

Kaiser Securities and Kaiser Futures were fined $1 million and $700,000 respectively.

Indian-origin executive charged with fraud in US

An Indian-origin executive at an investment advisory firm here has been charged by the US Securities and Exchange Commission with fraud and of siphoning investor proceeds to pay for his luxury car payments and settle other personal expenses.

Regulator approves China Development Financial's acquisition plan

Taiwan's Fair Trade Commission said Wednesday that it has approved an application filed by China Development Financial Holding to acquire mid-sized Cosmos Bank. The FTC said the green light was issued after the commission concluded that the acquisit

The Chinese government may threaten Alibaba’s payment platform in a big way

In the filing that Alibaba Group made with US regulators today, the Chinese e-commerce company reveals that draft regulations In the filing that Alibaba Group made with US regulators today, the Chinese e-commerce company reveals that draft regulations

Asia banks turn to "diplomats" as regulatory burden bites

Banks have a new buzzword to describe their strategy in Asia: diplomacy.

International law firm expands family practice in Hong Kong

Last year they hired five lawyers

New Zealand Banks Aren’t Playing Ball With RBNZ

The Reserve Bank of New Zealand is trying to take the steam out of New Zealand’s economy by raising the cash rate but banks aren’t playing ball.

RBI panel says don’t force banks to become to insurance brokers

The reluctance on the part of the RBI and banks is clearly visible in the latest report being prepared by an RBI panel

Foreign Funds With 'Opaque' Structures Can't Invest in India: Sebi

There have been apprehensions about possible round-tripping

FATCA Compliance: What does it mean for mutual funds in India?

To avoid costs of compliance, financial institutions in India may decide to filter the US client that they want to be on board

Simmons & Simmons to advise Kyrgyzstan on Sukuk and Takaful

The Simmons & Simmons Islamic Finance practice advises both Islamic and conventional financial institutions

Reserve Bank of India refuses overseas bond sale with bank guarantees

Overseas bond sale planned by troubled firms with the backing of bank guarantees will be hit after the Reserve Bank of India curbed the practice and also laid out strict conditions for loans to overseas ventures which were used to pay back domestic loans.

Legal, Regulation & Compliance