Managers of Wealth Asia Pacific

Hong Kong Stock Exchange to implement new FINI platform to modernise IPO settlement process with a T+2 settlement timetable

Platform users will need to be on-boarded and will need to agree to FINI terms and conditions.

MAS and SFA invite entries for 2021 FinTech Awards

The Awards, supported by PwC Singapore, brings together the FinTech Awards previously presented separately by MAS and SFA.

Malaysia places pilgrimage fund under central bank regulation

“a financial institution that is considered systemic and closely interconnected with the national financial system due to its large scale of operations, in terms of deposits and investment size, among others”.

ASIC releases reference checking and information sharing protocol for financial advisers and mortgage brokers

The reforms will promote better information sharing about the performance history of financial advisers and mortgage brokers—focusing on compliance, conduct and risk management.

Appleby has acts as Cayman counsel to Black Spade Acquisition Co's USD150 million SPAC IPO

The Appleby team was led by David Bulley, Partner in Appleby’s Hong Kong office, and Dean Bennett, Counsel in Appleby’s Cayman office with assistance from Alejandra Gonzalez Saucedo.

Ashurst represented Hangzhou Fuyang City Construction Investment Group on US$328 million LGFV bond issuance

The bonds are listed on the Hong Kong Stock Exchange.

No AMP heads on pikes after ASIC drops criminal probe

A year after receiving those briefs the CDPP on Friday informed ASIC no charges should be brought, after it had weighed up the evidence and the “relevant public interest factors”.

Carey Olsen advises G Medical on Nasdaq listing

In connection with G Medical's Nasdaq listing, Carey Olsen worked alongside US counsel Sullivan & Worcester LLP and advised the company on all Cayman Islands regulatory and legal aspects of G Medical's IPO and admission to listing.

MyBudget applies for AFS licence following ASIC investigation

ASIC subsequently commenced an investigation into MyBudget to consider whether it was operating a financial services business without holding an AFS licence.

ASIC provides guidance on streamlined external administration lodgements

The guidance has been re-issued following consultation with the Australian Restructuring Insolvency Turnaround Association (ARITA).

Hong Kong Stock Exchange focuses on responsibility, controls and culture and cooperation in its revised enforcement policy

The policy statement contains important messages for listed company boards and senior management on the regulatory expectations for those responsible for Listing Rule compliance.

Japan watchdog and BOJ to assess banks on anti-money laundering

Global task force to cite regional lenders for inadequate ID verification

ASIC finalises investigation into AMP Financial Planning ‘fees for no service’ criminal conduct

The CDPP has now determined, on the basis of the available evidence and weighing the relevant public interest factors, that no charges should be brought for that conduct.

Appleby's Hong Kong office continues to act as Bermuda and BVI Counsel for China Oil and Gas Group Limited on its High Value Senior Notes

China Oil and Gas is a national piped gas operator in China focused on providing natural gas to end customers through the operation of its own natural gas branch pipelines and city-gas distribution networks.

Hawksford strengthens its services across 13 Asia-Pacific cities and jurisdictions

The development will support companies seeking to scale and grow their venture into Asia-Pacific by offering through their international business expansion experts, serving as a central point of contact across services.

Cross-Jurisdictional Adoption of ESG & SDGs: The Role of IFCs via Digitalisation

Labuan IBFC and Z/Yen Group launch research findings enhancing the adoption of sustainability and inclusion

SFC obtains court order to disqualify former executive director of Anxin-China Holdings Limited for eight years

The SFC’s proceedings against other former senior management of Anxin are ongoing.

C v D – Hong Kong court rules on compliance with pre-arbitration procedural requirements

"Tiered" dispute resolution clauses of this nature can give rise to disputes as to extent of the obligations involved and whether there has been compliance.

Norton Rose Fulbright advises on listing of BetterLife Holding Limited on HKSE

BetterLife Holding Limited provides dealership and maintenance services in the automobile industry, selling luxury and high-end automobile brands and associated after sales services, including repair, maintenance, insurance and private purchase financing.

Washington Readies New Business Warning for Hong Kong

This will mark the first time the U.S. has issued a business advisory about Hong Kong.

Legal, Regulation & Compliance