Managers of Wealth Asia Pacific

Maples Group Wins Multiple Law Firm Awards

The firm's Asia-based lawyers were also recognised by independent commentators

Conyers Recognised in Chambers Asia-Pacific 2022 Ranking with four ranked lawyers

In addition, our Hong Kong office has four ranked lawyers in the Corporate & Finance including Investment Funds categories.

SBI Embraces New Benchmarks In LIBOR Transition

January 01, 2022, is crucial for the LIBOR transition process since all the new transactions will be referenced to the new benchmark rates from this date as per the recommendations of RBI and other banking regulators across the world, said SBI.

China implements new schemes for banks to support small businesses

Authorities are also rolling over a 400-billion-yuan relending quota that supports inclusive financing to small businesses.

Unions to exercise stronger influence over banks in 2022

"I hope this system becomes a great help for public institutions to become rationalized and prevent insolvency,"

Evergrande Shares Suspended From Trading in Hong Kong

Just last week, it reportedly missed the deadline to pay another $255 million for coupon on its June 2023 and 2025 notes, triggering another 30-day grace period.

Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns

Just how anonymized they would be for the authorities, in a country in which criticizing those authorities can be a crime, remains somewhat vague.

BSP issues moratorium on hikes in fee rates

Maybank Philippines and Union Bank of the Philippines charge the highest up to P40 and P30, respectively, while East West Banking Corp. and e-wallet StarPay Corp.

Digital banking and crypto regulations in Malaysia

The court held that although the cryptocurrency is not legal tender in the country, cryptocurrency trading is not illegal.

HKMA publishes the results of the pilot climate risk stress test

Participating banks assessed their climate risk exposures under 3 scenarios: a physical risk scenario involving a worsening climate situation and 2 scenarios envisaging orderly and disorderly transitions to a low-emission economy.

FSC fines banks NT$20m over theft from clients

The commission fined CTBC Bank (中信銀行) NT$14 million, Bank SinoPac (永豐銀行) NT$4 million and Bank of Panhsin (板信銀行) NT$2 million, it said.

Taiwan FSC to Inspects Real Estate Credit Controls at FIs

The second round of inspections will be more comprehensive than the first found, amid concerns about improper mortgage approvals and an overheating property market.

Offshore Chinese Listings Face More Hurdles

Upon approval, foreign investors are capped to total ownership of 30 percent – including 10 percent for any single investor – and they will also be prohibited from participating in management.

Credit Suisse Wants Millions From Softbank

Softbank was a backer of Greensill, which is at the center of a $10.1 billion fund blow-up at the Swiss bank.

China central bank says to promote healthy development of property market

China's central bank has vowed to promote healthy development of the country's real estate market

Singapore central bank studies options to enhance VCC framework

One-third of the VCCs are private equity and venture capital firms and 28% are independent asset managers and multi-family offices. The rest include hedge funds, traditional asset managers and others.

SR & Associates Pty not licensed to provide debt management services

ASIC reminds credit licensees that under section 31 of the National Credit Act they are prohibited from conducting business with unlicensed persons.

Malaysia eases unit trust rules, opens door to wealth decumulation products

“More importantly, this will bridge the regulatory gap between domestic and international offerings and allow local funds to remain competitive in the face of a rapidly evolving market environment,”

Outcome-related fee structures proposed for Hong Kong arbitration

The LRC’s Outcome Related Fee Structures for Arbitration Sub-committee issued its consultation paper in December 2020.

Warning: Treasury Bond investment scams

All legitimate exchange traded bonds are purchased through licensed ASX brokers.

Legal, Regulation & Compliance