Why keeping it legal matters

Clifford Chance's Martin Rogers offers advice on how to surf the region's regulatory waves.
When the topic ôregulatory environmentö is raised, many bankers go for their second cup of coffee. Fear of more calls for triplication of your work spring to mind, or worse, the notion of reading rules that have a love affair with roman numerals followed by a, b, c points.

But the regulators, particularly in Asia, have been known to shut down whole departments of international banks for not following the rules, however murky they often are. So itÆs kind of like smiling at the immigration official when crossing a border û you want to be nice to these people who wield great power.

Martin Rogers, head of Asia litigation and dispute resolution at Clifford Chance...
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