Legal & Regulatory
Prudential Faces 30 Million Pound Fine Over 2010 AIA Buyout Attempt
UK's Financial Services Authority (FSA) has fined Prudential 30 million pounds for hiding its attempt to buy Asian rival AIA three years ago.
China Regulator Issues Guidelines on Non Standardized Debt Assets
The China Banking Regulatory Commission issued guidelines on the proper handling of wealth management instruments.
Qantas Emirates Partnership Approved
Australian regulators have approved the Qantas-Emirates international flights scheme. Australian anti-trust regulators have cleared the tie up between Qantas Airways Ltd and Emirates on international flights.
Insider Trading Scheme Charged against Two Individuals
Felony charges were filed against David Riley and Matthew Teeple for insider trading. A former executive at Foundry Networks Inc was charged with insider trading after tipping a California hedge fund analyst of the company's acquisition plans.