01/09/2012
In an order dated Jan. 5, the Securities and Exchange Board of India, or SEBI, said on its website it fined Manoj Gaur 1 million rupees (about $18,900) and an equal fine on his wife and brother for alleged insider trading.
01/09/2012
The CBDT fears that if these names are leaked and they are publicised, global financial bodies like OECD and other tax exchange treaty countries will either stop or grow reluctant to share such data with India as this will scare away foreign investors in
01/09/2012
The city’s de facto central bank said in a letter to financial institutions yesterday that they should explain to clients that so-called junior securities “bear higher risks” than senior debt. Subordinated debt doesn’t pay out in t
01/09/2012
Customers who used two of its standalone ATMs at Bugis Street over a three-day period in late November are likely to have had their card details and personal identification numbers (PINs) stolen, according to the bank's analysis of the fraud victims&
01/06/2012
The bank said it immediately de-activated the compromised cards and was taking steps to compensate customers in full.
01/06/2012
The move could sharpen investors' focus on the risk to Japan's economy from its ballooning debt.
01/06/2012
The Hong Kong Monetary Authority has issued beefed-up guidelines for selling of investment products by financial institutions.
01/06/2012
He also has extensive onshore and offshore experience of a wide range of corporate matters, structured and project finance.
01/05/2012
However, the revelation raises the possibility that the Swiss bank account in question may be linked to his brother Anil Ambani.
01/05/2012
“Japanese companies have been making aggressive moves abroad as a result of a strengthening yen and recognition of the need for greater geographic diversity following disruptions to their operations due to the tsunami and earthquakes in 2011,”
01/04/2012
The SAR Government has so far concluded Tax Information Exchange Agreements (TIEA) or Double Taxation Conventions with 12 different countries or regions.
01/04/2012
The first closed hearing is scheduled for Jan. 27.
01/04/2012
This follows the revelation that the Japanese FSA took action against at least 35 financial institutions this year for breaching securities rules.
01/03/2012
Halim added that the sharia bank must follow the guidelines considering the highly fluctuant gold prices.
12/30/2011
AN expatriate Australian businessman accused of fleeing Australia to avoid prosecution for tax evasion has compared himself to fugitive French film director Roman Polanski and actor Paul Hogan.
12/29/2011
U.S. authorities hunting in Swiss banks for suspected tax cheats have a new weapon in their arsenal: an arcane but aggressive legal maneuver more commonly used against drug smugglers, money launderers and Imelda Marcos, widow of the Philippine dictator.
12/28/2011
South Korea's financial regulator said its top policy priority for 2012 is maintaining the stability of the local financial markets and it won't shy away from taking extreme measures if necessary.
12/28/2011
His story is exemplary of the whistleblower-like firings and resignations that have graced headlines since the days of Enron.
12/27/2011
Japan’s Financial Services Agency said it will hire 32 officials to help tighten oversight of illegal trading at securities firms and other regulations as it boosts its headcount and budget for next year.
12/26/2011
An Australian judge refused to allow a former executive at a Sichuan Hanlong Group unit to leave the country after his alleged partner in an insider-trading scheme failed to return from a trip to China.