Asia
Independent wealth managers merge in Singapore
Newly created firm will now have capacity to “tap into new markets”
Asic grants advisers three-year compliance scheme exemption
Follows government would accelerate plans for financial planning single disciplinary body
China sets foreign-ownership limits date
Investment limitations for securities companies will also be lifted in December next year
Australian gov’t to set up financial planning watchdog by 2021
It is taking action on all 76 recommendations contained in the final report of the Royal Commission
US financial giant opens up Singapore trust company
It will look to build its team and operations in Asia and the Middle East