Clydes plans Asia domination with Jakarta joint venture

LGS managing partner M. Idwan ‘Kiki’ Ganie said: “To implement our vision to offer Indonesia’s largest network of branches and associated offices to our clients, LGS intends to roll out offices throughout Indonesia.


ED investigates bullion king

Bullion king Prithviraj Kothari is apparently working as a facilitator for Financial Technologies group which is promoted by National Spot Exchange Ltd.


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.