10/22/2020
Specifically, Sohn highlighted the need to closely monitor illegal short sale activities, including naked short-selling, particularly given the higher volatility seen in recent months.
10/22/2020
A panel from the Liberal Democratic Party plans to propose that the two institutions create a committee to address such complaints, and share more information with each other.
10/22/2020
Section 444GA allows shares of a company in administration to be transferred by an administrator as part of a deed of company arrangement.
10/22/2020
But while Covid-19 has devastated profits and forced some firms to lay off staff, funding provisions and other assistance from policy makers appear to have prevented many struggling companies from closing down for good.
10/22/2020
Banks are expected to develop robust education and outreach programmes to help customers make informed decisions when assessing the options available in the transition.
10/22/2020
Lawmakers reportedly plan to propose that the FSA and BOJ create a committee to address complaints from FIs concerning an overlap between the two agencies in bank inspections.
10/22/2020
The 1MDB bond offerings were arranged and underwritten by Goldman Sachs International,
10/21/2020
Deal to push Goldman’s tally of penalties to around $5 billion
10/21/2020
It also more clearly delineates between the roles and responsibilities of the board and of senior management.
10/21/2020
According to the Australian Financial Review, Crown Resorts is accused of failing to act on suspicious transactions that its Melbourne casino knew were linked to Chinese junket operators who brought wealthy gamblers to its casinos.
10/21/2020
The reporting obligations are triggered when a bank “knows or suspects that any property is offence-related property”
10/20/2020
Under the plan, Shenzhen will be able to start a stock futures index, and list innovative companies on the city’s stock market with depositary receipts.
10/20/2020
Regulators allow lenders to tap into their mandatory capital conservation buffer to issue credit without risking their operations or existence, but doing so limits payouts like employee bonuses, share buy-backs or dividends to investors.
10/20/2020
The good Justice is of course well aware of what went wrong, as everyone from bankers to accountants to real estate agents milled about to get their kickbacks.
10/19/2020
The advisory was previously updated in March to lay out options employers have besides retrenchment, such as training or "time banking" unused working hours to be repaid when business picks up.
10/19/2020
The probe has led to revelations of numerous risk management failures and calls for changes in the board.
10/19/2020
The China Securities Regulatory Commission is also expected to approve Ant's Shanghai Star Market IPO this week.
10/19/2020
Klassen stressed that the insolvencies have not happened yet while another wave of infections was continuing to hit Europe and the US and demand has not recovered, even in largely virus-free countries.
10/19/2020
The revisions will also strengthen financial consumer protections, enhance fair market competition, impose obligations on shareholders, and emphasise the core role of the board of directors.
10/19/2020
The guidance offers examples of the good practices MAS observed, as well as instances where corroboration was inadequate.