Managers of Wealth Asia Pacific

Singapore and China Regulators to Boost Supervisory Cooperation

The roundtable was chaired by MAS’ deputy managing director Ho Hern Shin and CBIRC’s vice chairman Zhou Liang.

Super trustees offering default income protection insurance urged to check on member outcomes

ASIC has written to the five trustees outlining specific findings and areas for improvement.

ASIC signs MoU with Croatian Financial Services Supervisory Agency

This MoU complements the 29 other supervisory cooperation arrangements ASIC entered into with EU securities regulators in 2013

ASIC seeks feedback on proposed intervention orders for short term credit and continuing credit contracts

This consultation continues ASIC’s work to address high cost predatory lending impacting vulnerable consumers.

ASIC highlights focus areas for 31 December 2021 financial reports under COVID-19 conditions

Entities may continue to face some uncertainties about future economic and market conditions, and the impact on their businesses.

ASIC sues ANZ for misleading customers and failing to provide promised benefits – final Royal Commission investigation

ASIC also alleges that ANZ’s offset customers were entitled to interest rate reductions on eligible home and commercial loans but they were also not always provided to customers.

31st Annual Credit Law Conference - Regulatory Update

A large portion of this year was spent supporting industry as it adapts to a series of significant Hayne Royal Commission reforms.

MAS and CBIRC Strengthen Supervisory Cooperation at Annual Roundtable

The Roundtable, in its 11th year, was held via video conference and chaired by MAS’ Deputy Managing Director Ms Ho Hern Shin and CBIRC’s Vice Chairman Mr Zhou Liang.

Standard Chartered completes first USD Sofr trade loan in Hong Kong

New pricing benchmark adopted in transaction with Qatar National Bank

MAS' Financial Stability Review 2021

The analyses and results contained in the FSR aim to contribute to a greater understanding among market participants, analysts and the public on issues affecting Singapore's financial system.

HSBC: More Regulatory Clarity Needed for China Investments

Within the region, the bank is overweight Taiwan, Singapore, Indonesia and Thailand with a more constructive view on ASEAN equities.

Opening remarks at The People's Bank of China and Hong Kong Monetary Authority Joint Seminar

Hong Kong is the pre-eminent fund-raising venue for Mainland corporates, through equity IPOs, debt issuance, bank lending, and various forms of private investment.

What recent reforms mean for disaster insurance claims

‘We may do something similar next financial year in the general insurance space.’

Global law firm advised on the share acquisition of Kai Tak multi-residential development site

The transaction was led by global co-head of finance, funds and restructuring Jini Lee, corporate partners Chin Yeoh and Li Jiang

ASIC consults on relief for simple arrangements following a credit hardship notice

ASIC invites submissions on whether [CO 14/41] continues to form a useful part of the regulatory framework

China Evergrande Sets Up Risk Management Committee

A 30-day grace period for two dollar bond interest payments ended including a $41.9 million coupon for a 2022 note and a $40.6 million coupon for a 2023 note.

ASIC launches financial advice webpage

Today ASIC launches our new Financial Advice Hub.

APRA releases quarterly authorised deposit-taking institution statistics for September 2021

The Quarterly ADI Property Exposures publication contains data on commercial and residential property exposures, including detail on risk indicators, serviceability characteristics and non-performing loans.

«No Guarantee» Evergrande Will Complete Repayments

The People’s Bank of China also issued its own statements, blaming Evergrande’s problems on the developer’s «own mismanagement» and «breakneck expansion».

Three Key Changes to Note Under the New HKEX Listing Regime for Overseas Issuers

Company law and regulations in the Cayman Islands are also flexible and adaptable to the rules of stock exchanges all over the world, including accommodating the WVR structures and providing safeguards for shareholder rights.

Legal, Regulation & Compliance