Managers of Wealth Asia Pacific

Halifax auditor convicted and fined for audit breaches

The Commonwealth Director of Public Prosecutions prosecuted the matter after a referral from ASIC.

No business is too small for a cyber security strategy

Scammers’ impersonation skills are becoming increasingly sophisticated, making it very difficult for companies and employees to differentiate between legitimate businesses and scams.

Warning: Trading crypto-asset related financial products through unlicensed entities

An entity is required to be licensed by ASIC if they provide financial services (such as advising or dealing) in relation to financial products offered in Australia.

Thailand’s SEC enhances liquidity risk control of mutual funds

Thailand’s regulator has issued liquidity risk management criteria and liquidity management tools for mutual funds to protect investors.

VIDEO: Carey Olsen's Jeremy Lightfoot discusses offshore disputes with Asian Legal Business

Certainly more restructuring across the board, and I think also the protective receiverships may continue in the same way.

Maples Partners Named Among Top Offshore Litigators In Asia

ALB is Asia's most respected legal publication

On pain of death

Central banks have historically been born of a need to raise finance for the governments they serve.

Oliver Payne named leading offshore litigator by Asian Legal Business

He is also acting as Cayman counsel for FamilyMart China Holding, a minority shareholder of a joint venture company which operates over two thousand convenience stores in the PRC.

An easy and convenient way to migrate funds to Hong Kong – Re-domiciliation option in the pipeline

Eligibility requirements for a LPF include having one general partner, at least one limited partner and an office in Hong Kong, whereas those for an OFC require at least two natural person directors, an investment manager licensed in Hong Kong and a custo

ASIC prosecutes 124 people for failing to assist registered liquidators

Those prosecuted were involved in companies that went into liquidation and had registered liquidators appointed.

CBA to publish misconduct notices for overcharging interest

CBA has been ordered to provide a proposed version of the audio-visual notice to the Court by 27 August 2021.

China tightens scrutiny over IPO price-setting, punishes 19 institutions

SAC said regulators will strengthen supervision and step up penalties against misbehaviour to maintain order for IPO price-setting and protect investors.

Are COVID vaccination directions coming to your workplace?

The work type tiers focus on levels of interaction between people in the workplace and the level of risk and consequences of infection.

Linklaters advises Bank of China

Bank of China, through its London and Hong Kong SAR branches, priced £300m 2-year SONIA Index bonds and US$500m 3-year SOFR Index bonds, respectively.

CSRC to Increase Scrutiny on Fund Manager Governance

A key objective for the CSRC is to improve the administration and “effectiveness” of institutional supervision, which it says should be scientific, professional, and continuous.

HKEX to Launch of New Options on Futures Contracts

Participants should also ensure end clients understand the settlement mechanism and risk involved in the new products, and effectively communicate the differences between Options on Index and OOF products.

Court declares Bank of Queensland used unfair contract terms

The Court declared the unfair terms void from the start of the contracts and ordered that the unfair terms be replaced with new, fair terms agreed by the parties.

China expands anti-money laundering obligations

The new Measures are a significant development, demonstrating China's efforts to improve and enhance its anti-money laundering (AML) and counter-terrorist financing (CTF) regime.

Carey Olsen pair named as top offshore litigators in Asia

Lawyers were selected based on the profile of their cases, client recommendations, and feedback from the market.

ASIC’s approach to new laws reforming financial services sector

The benefits will increase over time as consumer outcomes become the focus and experience accrues.

Legal, Regulation & Compliance