Managers of Wealth Asia Pacific

Charges filed in the Federal Court against ME Bank

The Court has not yet set a date for the first return of the matter. Further details will be released following that hearing.

LIBOR transition in the Asia Pacific region: Time is running out

Fallback language and legislative solutions are (and always will be) a ‘seatbelt’ solution; ASIC believes firms should examine whether this passive approach is the best option.

ASIC sues AMP for charging deceased customers

ASIC further alleges that the AMP companies’ conduct demonstrated a system of conduct or pattern of behaviour that was, in all the circumstances, unconscionable.

APRA releases general insurance statistics for March 2021

The industry reported a profit of $19m for the March quarter.

Japan FSA Releases Guidelines on Climate Transition Finance

During the consultation, feedback was also sought from ICMA (International Capital Market Association), to ensure consistency with the ICMA Climate Transition Finance Handbook, which was published in December.

WWF and Ogier back pioneering Climate Impact Asia Fund

The fund focuses on long only equity investments in the Asia Pacific region with a defined "climate universe", investing in companies that contribute towards the adaptation or mitigation of climate change and/or the transition to a low carbon ec

Hong Kong seeks power to jail unlicensed bitcoin trading as city looks to combat money laundering via crypto-exchanges

Exchanges and start-ups expect smaller players to quit as the city will only permit trading by professional investors

KPMG to help courts with of Singapore's biggest fraud cases

A number of lawsuits have been filed against Zhi – who reportedly took sums ranging from $500,000 to $3 million from five big-ticket investors at the start of this year, for transactions that never materialized.

Australian Strategy Partners teams up with OC&C Strategy Consultants

Australian Strategy Partners focuses on three offerings: strategy development, commercial due diligence and top-line growth, backed by a data-driven approach.

Christopher Bickley Named Asia’s Top Offshore Lawyer Once Again

Asian Legal Business’s Offshore Client Choice List recognises 10 outstanding lawyers from offshore law firms who have exceeded client expectations.

Thailand regulator okays bourse’s proposal to let SMEs, startups go public, report says

SEC spokespersons did not immediately respond to questions from Asia Asset Management.

Hong Kong’s MPFA new chief to keep eMPF launch on schedule

Launched in 2000, the MPF had around HK$1.1 trillion (US$141.02 billion) of total assets under management as of December 2020.

Full Steam Ahead: Second Draft of China's Personal Information Protection Law and Data Security Law

The effect of this article is that online platform service providers based overseas

Appleby Advises Ascendent Capital Partners on the Offshore Aspects of Multiple Transactions

Both transactions were led by Partner David Bulley, Relationship Partner for ACP and Head of Asia Private Equity, M&A and Corporate Restructuring in Appleby’s Hong Kong office, with assistance from Legal Manager Alejandra Gonzalez-Saucedo.

REX pays $66,000 penalty for alleged continuous disclosure breach

REX scheduled an interview with the Australian Financial Review

ASIC cancels AFS licence of Robert Bayntun Starky

Australian financial services licensees must comply with their licence conditions

Doctor referrals would fail FASEA Standard 3

Looking at Standard 3, he said the primary ethical duty in was that, “if you have a conflict of interest or duty, you must disclose the conflict to the client and you must not act”.

Philippine AMLC to Penalise Firms for Incorrect STR Filings

The AMLC is currently collecting data from real estate brokers and developers as part of an environmental scanning exercise for the sector.

ASIC cancels financial services and credit licences of Direct My Wealth Pty Ltd

ASIC cancelled the licences because Direct My Wealth failed to lodge its 2020 audited financial accounts

Bubble risks test China’s commitment to fiscal and monetary policy easing

Price gains threaten central bank’s ability to restrain inflation without hiking rates

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