 HONG KONG: Hong Kongs markets watchdog on Thursday fined Goldman Sachss Asian business 350 million for its role in Malaysias multibillion-dollar 1MDB scandal, the largest single fine ever levied by the regulator in the Asian financial hub. The Securities and Futures Commission SFC said serious lapses and deficiencies in management controls at Goldman Sachs Asia had contributed to the misappropriation of 2.6 billion raised by the Malaysian sovereign wealth fund. 