Asia banks face regulatory limbo

Banking regulators across Asia are pressing ahead with plans to phase in tougher capital requirements on January 1


China's bank regulator steps into WMP ponzi row

The CBRC says principal and non-principal guaranteed wealth management products issued by banks should not fall under shadow-banking. But this doesn't appear to address the risks.


RBNZ releases final Basel III capital requirements

The Reserve Bank today released the final capital adequacy standards, which apply to locally incorporated registered banks in New Zealand and implement the Basel III capital requirements. The bulk of the new standards take effect from 1 January 2013 and


Kazakhstan Wealth Fund Sued in U.S.

The investors claim in a lawsuit in Manhattan federal court that BTA Bank, which isn’t named as a defendant, defrauded them by inducing them to buy debt securities as part of a 2010 restructuring.


Madoff whistleblower and FBI target New Zealand

The man who blew the whistle on American Bernie Madoff, and two Federal Bureau of Investigation (FBI) investigators of massive U.S. insider trading activities, are heading to New Zealand.


Withers hires BLP wealth planning partner in Singapore

Michaels is experienced in advising ultra-high-net-worth individuals and their related trusts, controlled companies and businesses across South East Asia. His practice will focus on tax and wealth planning.


Looking after the family silver - Asian style

These two cases illustrate well how important it is for successful and wealthy businessmen to have a clear and robust succession plan that lays out how their own personal wealth is to be divided, when the time arises.