Managers of Wealth Asia Pacific

Asian Development Bank: integrity compliance and enforcement

The OAI's investigation and enforcement activity continued more or less unabated, despite the OAI being required to pivot to remote working because of the pandemic.

Swiss Court Rejects Ex-BSI Banker’s 1MDB Appeal

The Federal Administrative Court turned down the appeal to lift a three-year regulatory ban over failure to properly combat money laundering.

China Probes Party Chief of Alibaba’s Home City

The posts, which did not the company, have since been deleted, the report added.

Westpac subsidiaries to pay $10.5 million penalty for breaches of best interests duty

‘Consumers’ decisions about their superannuation are significant long-term financial decisions affecting their retirement income.

The United States Department of the Treasury and the Monetary Authority of Singapore Finalise a Memorandum of Understanding on Cybersecurity Cooperation

This announcement was made during Vice President Kamala Harris’ visit to Singapore

Chinese tech turmoil and equality distract from fundamentals

The falls in Chinese share prices have prompted investors, including ourselves, to look closer at China’s prospects. Short-term volatility should not cloud China’s underlying investment strengths.

PAG Closes PAG Growth II

G2 will follow the same successful strategy as its predecessor fund

HSF: Asia Data Protection Update

The key issue is how the these new laws will affect the transfer of data out of mainland China.

Super fund reduces fees

"We recognise that in the current environment our members are seeking advice and information on their superannuation options and retirement planning more than ever,"

A radical reform of the PRC Arbitration Law: A summary of the key revisions

One of the key objectives of the Draft Proposal is to resolve various deficiencies under the current PRC Arbitration Law.

Milbank Advises Filinvest on First-Ever Philippine Sustainability-Themed REIT IPO

FILREIT offered approximately 1.63 billion common shares priced at 7 pesos, with an overallotment option of up to approximately 163.42 million shares.

Merger activity in Asia, China remains high even as regulatory uncertainty hangs over tech sector, JPMorgan says

M&A, in some form, is happening in all sectors in China, according to JPMorgan’s Asia-Pacific deals co-head

Philippines sets rules for Asean cross-border investment

The Securities and Exchange Commission has announced the requirements for Southeast Asian funds to be offered in the country and vice versa.

APRA releases letter to ADIs and final Prudential Practice Guide APG 220 Credit Risk Management

The letter and guide are available on the APRA website

Ogier Global expands Asia presence with new Singapore office

The new Singapore office is an exciting milestone for Ogier Global and represents our commitment to the Asia market.

Conyers Shortlisted for ALB Hong Kong Law Awards 2021

We are pleased to be nominated as the “Offshore Law Firm of the Year”.

China publishes online unfair competition regulations

The draft summarises new forms of unfair competition including online false advertising, false trading and online defamation.

FASEA releases Corporations (Relevant Providers Exams Standard) (Amendment No. 1) Determination 2021

The November exam would be offered from 11 to 16 November, 2021, and was now open to register.

Baker McKenzie advises Mitsubishi UFJ Trust and Banking Corporation

This illustrates the ability of Baker McKenzie to continue to successfully assist the Trust Bank to execute multinational, market-leading mandates in the financial services industry.

NALI, NALE and SMSFs – the ATO draws a new line in the sand with LCR 2021/2!

Now, after three years of uncertainty, the ATO has issued its final ruling (LCR 2021/2) about the NALE rules, which has come as a disappointment to many in the industry.

Legal, Regulation & Compliance