Asia
DBS adopts MSCI ESG Ratings for its wealth business
Singapore bank to offer clients greater transparency over the characteristics of their portfolios
Hong Kong regulator fines Fidelity and Adamas
SFC slaps asset managers with penalties for breaching regulations
Amundi creates joint venture with Bank of China wealth arm
After receiving approval from the Chinese regulator
Westpac fined A$9.15m over poor financial advice
Federal Court of Australia said former adviser breached best interest duties
Challenges abound in China’s newly established advisory scheme
Shifting away from the model where third-party channels get more fees if they are able to sell more funds