Managers of Wealth Asia Pacific

King & Wood Mallesons signs up Dewey Beijing partner

Walker noted that in weighing up his options on the collapse of Dewey he had spoken to a number of clients, who supported his move to King & Wood Mallesons.

Hong Kong says investment regulation upgraded

Around 43,700 Hong Kong people invested nearly 15.7 billion HK dollars in products issued or guaranteed by Lehman Brothers before it collapsed in September 2008.

Singapore to allow more foreign law firms

A second round of licences will be handed out later this year as part of the QFLP and are likely to be hotly contended.

Orrick Continues to grow China Corporate Practice

He obtained his LL.B. from Buckingham University and LL.M. from King’s College, University of London and is a Senior Fellow at The University of Hong Kong. He is qualified to practice law in Hong Kong and England & Wales.

Asian banks to have tough time meeting liquidity rules: KPMG

Asian banks will have a tough time meeting new global liquidity rules because of a shortage of assets such as top-rated government debt that can be converted into cash quickly, according to KPMG.

Hontex Asks Court to Halt Hong Kong Regulator’s IPO Case

Hontex International Holdings Co. sought to halt a lawsuit seeking compensation for investors who, Hong Kong’s securities regulator said, were misled by the Chinese fabric maker in its listing prospectus.

Indonesia cbank proposes 40 pct ownership cap on banks

The rule, if it goes ahead, could scupper a $7.3 billion bid by Singapore's DBS Group Holdings for Indonesia's Bank Danamon.

Senior China bank executive investigated

There were no details about what exactly Yang was being investigated for, but the discipline commission is often involved in looking into major corruption cases.

Philippines probing ex-chief justice's wealth, tax evasion

“I don’t think that now that judgment has been rendered by the impeachment court, these processes will also terminate,” Abad said in a text message to the Philippine Daily Inquirer.

JPMorgan Chase Said Eyed in Japan Insider Probe

JPMorgan Chase & Co. faces a new regulatory headache, as Japan's securities watchdog is probing the company for possibly leaking insider information, according to a person familiar with the matter.

Malaysian sues Singapore banker over failed investment

A Malaysian investor is filing a lawsuit in Singapore against a banker from the French bank Credit Agricole over an unsuccessful share investment, the Singapore Straits Times reported today.

Wealthy clients turned tables on UBS and staff?

Ex-UBS employees, including former Managing Director Sachin Karpe, are accused of unauthorised transactions on 39 client accounts, of which 21 reported substantial losses.

'Customer Q' used by UBS staff to skip Indian FII laws ‎

The Upper Tribunal heard Karpe’s appeal against the FSA’s verdict.

UK firms prepare applications as Singapore announces new QFLP licences

The government of Singapore is inviting more foreign law firms to apply for Qualifying Foreign Law Practice (QFLP) licences and will start accepting applications from 1 July.

BI Introduces New License Scheme to Keep Banks Healthy

The multiple-license system will replace the existing practice of banks requiring just a single license, after which they have widespread freedom in conducting their business, constrained only by the nation’s banking law.

Standard Chartered banker freed from detention in China

She was detained on March 6 as part of an investigation into one of her high net worth clients who was suspected to have left China late last year after absconding with millions of dollars.

Nomura linked to another insider trading case-sources

It will also ratchet up the pressure on Nomura CEO Kenichi Watanabe, who had just taken the helm in 2008 when the company fired a Hong Kong-based employee at the centre of an insider trading ring.

China to encourage private capital in banking industry

Private companies would be allowed to buy into banks through private stock placements, new share subscriptions, equity transfers, mergers and acquisitions, the official China Daily said, citing the China Banking Regulatory Commission.

Allen & Overy Announces Vietnam Launch Plans

In a statement, Allen & Overy Asia managing partner Thomas Brown cast the expansion into Vietnam as a part of a broader strategy to build an "unrivalled footprint" across Southeast Asia.

India’s S&R boosts partnership ranks

India's S&R Associates has increased the number of its partners from five to seven with the promotions of Venkatesh Vijayaraghavan in New Delhi and Bhakta Patnaik in Mumbai. The promotions were the first for the firm since 2008. Patnaik, who was

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