Managers of Wealth Asia Pacific

Freshfields breaks lockstep in Asia to stave off US firm advances

Firm revamps pay packages to retain talent after high-profile exits

Eversheds secures Beijing licence as Kirkland sets out local launch plans

Eversheds has secured a licence for its long-planned launch in Beijing, with Kirkland & Ellis also confirming that it intends to move into the Chinese capital.

The CSRC’s Decision on Li Shaowu’s Violations

Considering the severity of the violations and the adverse social influences, the CSRC decided to impose tough punishment on Li.

Singapore Sibor Check to Include Resilience to Market Change

The minister made his comments as Bank of England Governor Mervyn King leads a meeting of global central bankers on the collapse of confidence in Libor, the benchmark rate for more than $500 trillion of securities.

King & Wood Mallesons moves away from pure lockstep in Australia

The Australian partnership of King & Wood Mallesons has shrunk over the past two years.

Former Chinese Official Banked Stolen Funds in Singapore

The money was transferred to his United Overseas Bank account between Dec. 6, 2010 and Jan. 15, 2011, according to court papers.

Japan Banking Minister Matsushita Found Dead at His Home

Prime Minister Yoshihiko Noda appointed Matsushita, a lawmaker from junior government coalition partner the People’s New Party, as part of a Cabinet reshuffle three months ago.

Allens to close China offices to move in with ally Linklaters

Allens’ Beijing and Shanghai offices are in the process of winding down, with staff from both offices set to move into Linklaters’ Beijing premises.

Singapore probes UOB online property listings

Local media earlier this week reported property listings had appeared on the website of UOB, Singapore's third-largest bank by assets.

Australian bank customers score win in fees case

The High Court of Australia found in favour of the 38,000 customers of the Australia and New Zealand Banking Group (ANZ) fighting back against the fees, overturning an earlier ruling limiting the case to credit card charges.

DLA, Olswang, BLP, Stephenson Harwood among bidders for new Singapore licences

Top 50 UK trio among stream of major firms aiming to secure full practice rights in booming Singapore market

Allens and Linklaters unveil joint leadership of Asia JV

Allens (then Allens Arthur Robinson) and Linklaters entered into an exclusive alliance in April (23 April 2012).

Two more Chinese firms open in Hong Kong

Two Beijing-based firms Fangda & Partners and Jia Yuan Law Offices have launched bases in Hong Kong.

Macquarie Private Wealth checked for "for ongoing compliance failures; for providing clients with inappropriate advice"

ASIC may investigate Macquarie Private Wealth for "for ongoing compliance failures; for providing clients with inappropriate advice", and other breaches, the Sydney Morning Herald reports.

SEBI relaxes KYC norms for foreign institutional investors

SEBI on Wednesday relaxed the Know Your Clients (KYC) norms for various overseas entities including foreign institutional investors, and has done away with in- person verification requirements for non-individual clients.

ANZ comments on IMF class action

ANZ today confirmed it will continue to vigorously defend the class action bought against it in regard to exception fees by the publicly listed litigation funder IMF (Australia) Ltd.

Singapore's MAS Investigating Property Listings On United Overseas Bank Website

"MAS is looking into the property listings in question. We note that the listings have been removed."

Swiss Attorney General Probes UBS Over Malaysian Timber Proceeds

The case against UBS was opened on August 29, following a criminal complaint by the Bruno Manser Fund over the bank’s close ties with Sabah Chief Minister Musa Aman.

Basel III to benefit Indian banking system: Subbarao

The Reserve Bank of India (RBI) Governor, D. Subbarao, on Tuesday, said that the Basel Committee was working on establishing a minimum set of principles for domestic systemically important banks (D-SIBs), including some large banks in India.

Walkers Continues to Grow Asian Insolvency, Restructuring and Litigation Capability

Walkers has announce the continued growth of its Asian Insolvency, Restructuring and Litigation team.

Legal, Regulation & Compliance