Managers of Wealth Asia Pacific

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.

ASIC obtains orders against Alliance Insurance Broking Services

The defendants consented to the interim asset freezing orders, which allowed AIBS to otherwise continue its ordinary business.

Hong Kong Court of Appeal Makes Compensation Order of HK$622 Million Plus Interest Against Former Directors of Egana

The SFC initiated the case against David Wong Wai Kwong, Peter Lee Ka Yue and Tony Chik Ho Yin (Directors) in 2011 pursuant to section 214 of the Securities and Futures Ordinance

Malaysia, 1MDB seeking more than $5.6b in damages from KPMG partners

"All allegations as reported in the news are refuted and the claim will be vigorously contested,

Allens advises Morgan Stanley Infrastructure Partners on $3.3bn PEXA IPO

PEXA has seen remarkable growth under MSIP ownership and the successful float underscores the continued investor appetite for high quality digital infrastructure assets in Australia.

Tool created to help accountants find SMSF auditors

This could lead to as many as 40% of SMSFs searching for a new auditor, estimated to be around 200,000.

ASIC secures $35 million remediation for OnePath Life customers

At the time of the sales calls, OnePath was owned by ANZ bank, albeit operating as a separate business.

Linklaters advises Ngern Tid Lor Public Company Limited

The transaction represents the largest IPO in the finance and securities sector and consumer finance sector in Thailand.

KWM advises on the privatisation financing for China Customer Relations Centers, Inc.

CCRC is a leading e-commerce and financial services business process outsourcing service provider in China.

Appleby Hong Kong Partner David Bulley once again named as “Corporate Finance Lawyer of the Year"

He is also global co-head of SPACs with a focus on Asia Sponsored SPACs in excess of USD250m and de-SPAC transactions.

Legal, Regulation & Compliance