Renato de Guzman, chief executive officer of Bank of Singapore, explains to Hubbis the key drivers behind the bank's impressive and consistent growth in revenue, AUM and staff - and reveals some of its strategic goals going forward.

Craig Ellis, head of region and principal officer for Skandia International Group in Singapore and South-east Asia, explains to Hubbis how the distribution model is developing for financial advisers in Singapore, and outlines how his firm can support the process.

OLZ Wealth Management has decided to close in Singapore - and in the process Sandro Steiner, managing partner of the office, has resigned.

The Monetary Authority of Singapore (MAS) has issued a response to public feedback on its paper, entitled "Designation of Tax Crimes as Money Laundering Predicate Offences in Singapore".

Manulife Singapore has made a number of key appointments in its senior leadership team for distribution, operations and client experience - as part of the firm's growth strategy.

RBC Wealth Management has made four senior appointments to bolster its Asian business, in Hong Kong and Singapore.

BlackRock is bolstering its Asia Pacific franchise by naming Sabrina Gan as director and head of retail distribution in Singapore.

Speaking at the Hubbis Independent Wealth Management Forum 2013 in Singapore in mid-March - Peter Triggs of DBS Private Bank explains the drivers and attractions for investing in Asia, and looks at DBS' role in this.

International advisory firm The Henley Group has created the Henley Fair Index in response to the Monetary Authority of Singapore's (MAS') Financial Advisory Industry Review (FAIR).

Pius Zgraggen of OLZ & Partners explains why European investors and family offices should consider investing in Asia, including how they can do it and what to be aware of.

The Monetary Authority of Singapore (MAS) has released a consultation paper on the recommendations of the Financial Advisory Industry Review (FAIR), which were issued in mid-January.

Speaking at the Hubbis Asian Wealth Management Forum 2013 in Hong Kong in late February – Eduardo Leemann of Falcon Private Bank discusses his market outlook, and his vision for growing his business.

RBC is continuing to expand its wealth management offering in Asia with three senior hires in Singapore and Hong Kong.

Expersoft Systems has strengthened its offering in Asia by hiring Robin Tan as manager, implementation and support for Asia Pacific, from Union Bancaire Privee.

OCBC Bank has made three senior management appointments, including a new head of its China business.

Earlier this week Guernsey signed new tax agreements with Singapore and Brazil – the former a Double Taxation Agreement (DTA), and the latter a Tax Information Exchange Agreement (TIEA).

International wealth management is under added regulatory pressure from the frequency and scope of reforms in various jurisdictions around the world. It is tougher than ever before to keep up with all the changes and new requirements.

Technology solutions are in favour as the most viable way for wealth management firms to deal with the multitude of regulatory and compliance challenges they face.

With the many – and frequent – new regulatory requirements and compliance obligations for Asian wealth management firms of all types and sizes, organisations must be very aware of the cost of non-compliance.

The far-reaching crackdown by the Monetary Authority of Singapore (MAS) on tax-related crimes is causing concern for many practitioners in the wealth management industry – especially as 1st July 2013 draws nearer.

Wealth management institutions across Asia face a plethora of challenges to be able to meet new regulatory requirements. Solutions range from on-boarding more practitioners, and training and monitoring existing, to revolutionising remuneration schemes and investing in new systems and technology.

The biggest challenges for wealth management organisations in Asia relate to mis-selling and suitability, followed closely by tax criminality. Another issue they face is around technology, given that robust systems are needed to support and monitor bankers and other advisers. Yet there are significant cost implications, leading to changes in budget allocations.

In response to challenges in relation to meeting changing regulatory and compliance requirements in Asian wealth management, banks and other financial institutions are adapting the way they reward frontline staff.

Proposed new regulations for Singapore’s financial advisory community have provoked a mixed response, with industry experts claiming that – while reforms are necessary – regulators must beware of the impacts of some changes if implemented prematurely.

If the recommendations of Singapore’s financial advisory industry review (FAIR) panel –released in mid-January – are adopted, the results could be both positive and negative for the industry.

Despite the roles of both Hong Kong and Singapore as popular Asian wealth management hubs, they have significantly different types of appeal to independent asset management companies.

With intensifying compliance and regulatory obligations, independent asset management companies in Singapore face greater challenges every day.

Vistra, a global provider of trust, fiduciary, corporate and fund services, has acquired BSI’s Singapore Trust business – BSI Trust Corporation (Singapore) Limited.

Australian-based wealth management firm Easton Investments has purchased a 19.9% equity stake in AAM Advisory, one of Singapore’s leading expat-focused financial advisory firms.