RBI Imposes Fine on Six Banks

The Reserve of India imposed penalties in the range of 5 million rupees to 20 million rupees on six Indian banks for violation of client identification rules.


Malaysia finalises AIFMD agreement

While Asian asset managers may be put off targeting European investors, due to AIFMD restrictions on non-EU-domiciled funds, the move should help facilitate such distribution for those that wish to sell products into Europe.


JPMorgan probed over China hiring: report

The Times reported on its website, citing a confidential United States government document, that a bribery investigation had been opened to study the allegations.


Addleshaw Goddard targets East Asia

Addleshaw Goddard has announced plans to increase its capability in Hong Kong through a formal association with a newly established local firm