23rd September 2016
India’s capital markets regulator said on Friday it was considering mandating that listed companies owned by private equity (PE) firms seek shareholder approval when entering into performance-based compensation agreements with executives. The Securities and Exchange Board of India (SEBI) said it had found instances of PE firms entering into such… Read More
23rd September 2016
North American nation one of main destinations for corrupt officials fleeing mainland and agreement said to be first of its kind China has signed with another country Read More
21st September 2016
Hong Kong securities regulator is investigating licensed brokerages and expects to lodge cases against some for inadequate internal anti-money laundering (AML) controls, it said on Wednesday, amid heightened scrutiny over illicit money flow in the city. The Securities and Futures Commission (SFC) directed brokerages to immediately tighten their internal controls… Read More
20th September 2016
Binary Uno is the latest binary options broker to be added to the BCSC’s investor caution list. Read More
26th August 2016
A top executive at the Lotte Group, one of South Korea’s largest family-controlled conglomerates, was found dead on Friday in an apparent suicide, hours before he was scheduled to appear before prosecutors investigating allegations of corruption at the company. The body of… Read More
24th August 2016
Providence Investments Funds and its manager Providence Investment Management International have been wound up by order of the Royal Court of Guernsey. The wind-up application was brought by the Guernsey Financial Services Commission (GFSC) after all of the directors of both companies resigned on 4 and 5 August, having informed… Read More
24th August 2016
The Securities and Futures Commission in Hong Kong has suspended the licence of an account executive of BOCOM International Securities for 18 months, for engaging in manipulative activities. The severe disciplinary action follows an investigation carried out by the Securities and Futures Commission (SFC) which found that between 5 and… Read More
10th August 2016
Letter from The Clearing House Endorses Bipartisan Incorporation Transparency and Law Enforcement Assistance Act Read More
4th August 2016
Bank apologises, attributes to display error and insists trading activities were unaffected Read More
2nd August 2016
China’s funds regulator said on Monday it has canceled the licenses of over 10,000 funds, amid a crackdown on the country’s poorly regulated fund management sector, which has been dogged by runaway managers and misappropriation of investments. The move comes after the hedge fund industry was thrown into disarray earlier… Read More