Managers of Wealth Asia Pacific

PBoC: Ant Group Not Singled Out

Fan also added that actions taken against Ant could also apply to other payment platforms engaging in malpractice.

Rate of adviser exits to prolong

“We will need some time to digest all of this news as to how it would affect the number of advisers post the initial need to pass the exam of 1 January, 2022,”

ASIC consults on guidance and relief for litigation funding schemes

Submissions to CP 345 are due on 20 August 2021.

Envy nickel trading boss alarmed some banks in Singapore long before his arrest

The previously unreported timeline raises fresh questions about how Ng could have maintained an alleged $1.46 billion fraud for so long.

Ashurst advises Sojitz on its investment in the high-growth tech and new-material field in Singapore

Earlier this year, Ashurst has also represented Sojitz on its strategic investment in a leading primary healthcare and wellness services provider in Asia Pacific.

ASIC and Dixon Advisory enter conditional agreement to resolve ASIC civil penalty action

ASIC will provide further comment after the matter has been determined by the Court.

Canadian Securities Regulators Sign Innovative Functions Co-Operation Agreement with The Securities and Futures Commission of Hong Kong

The agreement extends the work of the CSA Regulatory Sandbox Initiative and of the SFC Fintech Contact Point.

What is "greenwashing" and what are its potential threats

ASIC’s review of the extent to which greenwashing may be evident in the funds management space follows on from our review of climate risk disclosures by large listed companies.

KWM helps Endeavour Group focus on future with successful demerger

KWM advised Endeavour Group on all aspects of the demerger.

Monetary Authority of Singapore and Banque de France Break New Ground in CBDC Experimentation

First use of automated market making in m-CBDC experiment

Hong Kong welcomes the BIS to step up its collaboration with Asia

"We appreciate the reorientation of the BIS Asian Office in Hong Kong since 2019 towards even deeper engagement with Asian central banks as part of Innovation BIS 2025."

Halifax auditor pleads guilty to criminal charges

The charges against EC Audit and Mr Evett follow an ASIC investigation into Halifax which commenced in 2019.

New Hong Kong Guidelines on Enhanced Disclosures for ESG Funds in 2022

The new guidance, announced on 29 June 2021 via a circular (the Circular), will take effect from 1 January 2022, supplanting existing guidelines last updated in April 2019.

Hong Kong court makes non-commencement order against executive behind Hong Kong’s biggest ever corporate failure

The court dismissed the application by the bankrupt, James Henry Ting

MAS Consults on Revised Reporting Rules for OTC Derivatives

The consultation sets out MAS’ proposed approach in relation to UTI generation and the proposed reportable data fields, including UTI, UPI and CDE.

Indonesian regulator may issue digital banking rules this month, report says

The launch of digital banking rules may pave the way for ride-hailing companies to enter the financial services sector, according to a fund manager at a Jakarta-based asset management company.

Applebys Hong Kong Office acts as Cayman and BVI Counsel to Datang Group Holdings Limited on its Issuance of USD300 Million 12.50% Senior notes due 2022

Datang is a property developer in China focusing on the development of residential and commercial properties in selected economic regions.

Legal, Regulation & Compliance