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  • July 29, 2014
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Results 1 - 10 of 166 for china politics

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  1. Business - Companies - REGULATION

    Former Hong Kong hospital chief Anthony Wu barred and fined for misconduct

    Posted Jul 24th 2014, 01:06am by Howard Winn

    ... were announced yesterday. The case was related to the collapse of New China Hong Kong Group in 1999, owing creditors about HK$1.5 billion. EY and Yen were both reprimanded. EY was also fined ... any explanation are clearly unreasonable and inappropriate." He said he would be discussing an appeal with his lawyers. Wu was a managing partner of EY's China business in 1996 ...

    http://www.scmp.com/business/companies/article/1557774/former-hong-kong-hospital-chief-anthony-wu-barred-and-fined
  2. Property - International - REGULATION

    Curbs on funds transfer could hurt Chinese investment in overseas property

    Posted Jul 22nd 2014, 11:48am by Peggy Sito

    ... as there were other channels to send capital offshore. The debate comes in the wake of a row over alleged breaches of strict foreign exchange controls by the Bank of China, one of the four biggest banks in the country. The State Administration of Foreign Exchange was reported to have temporarily shut down BOC's Youhuitong remittance service last week, days after state broadcaster China Central ...

    http://www.scmp.com/property/international/article/1556120/curbs-funds-transfer-could-hurt-chinese-investment-abroad
  3. Business - China Business - REGULATION

    China tightens tax noose on companies with overseas assets

    Posted Jul 07th 2014, 05:26am by Toh Han Shih

    ... with accounting firm E&Y, said: "This announcement is important as China continues to improve its international tax legislation to ensure compliance from taxpayers. "[It] will allow the China tax authorities to gather additional information on domestic enterprises' offshore investments." The new regulation required a greater level of disclosure in terms of content, ...

    http://www.scmp.com/business/china-business/article/1548279/china-tightens-tax-noose-companies-overseas-assets
  4. Business - Banking & Finance - REGULATION

    HKMA chief defends strict banking rules

    Posted Jul 22nd 2014, 12:29am by DON WEILAND

    ... is granted the unqualified power to direct the monetary authority. HKMA also came under fire for rising risks that Hong Kong banks face owing to their exposure to borrowers in mainland China. "I ...

    http://www.scmp.com/business/banking-finance/article/1557112/hkma-chief-defends-strict-banking-rules
  5. Business - Money - REGULATION

    China's securities regulator tightens delisting rules for poor performers

    Posted Jul 05th 2014, 01:51am by Reuters

    ... to delist, in its latest move to improve stock market conditions. The China Securities Regulatory Commission published the draft rules yesterday and is seeking public feedback. It is not clear when ... In China, it is more important to force the implementation of rules QIAN QIMIN, ANALYST Companies that are reluctant to delist but fall under the regulatory conditions to delist will be forced to do ...

    http://www.scmp.com/business/money/markets-investing/article/1546980/chinas-securities-regulator-tightens-delisting
  6. Business - China Business - REGULATION

    Foreign carmakers face Beijing's probe on spares

    Posted Jul 19th 2014, 01:58am by BLOOM

    ... practices. Qualcomm, the world's largest chipmaker for smartphones, said in November that the NDRC began a probe related to an anti-monopoly law. Last December, state broadcaster China Central ... It cited the brands' monopolistic hold as the reason for the "unfair" prices. Jaguar Land Rover said at the time that it abides by China's laws and determines pricing based ...

    http://www.scmp.com/business/china-business/article/1556592/foreign-carmakers-face-beijings-probe-spares
  7. Business - Banking & Finance - REGULATION

    Hong Kong Monetary Authority's lack of independence queried in IMF study

    Posted Jul 18th 2014, 02:57am by DON WEINLAND

    ... lessen the risk. "The risks are higher than lending to Hong Kong companies but these risks are controllable," said Liao Qun, senior vice-president of strategy and planning for China banking at Citic Bank International. "The most important thing is that economic growth in China remains fast." On Wednesday, the mainland posted 7.5 per cent growth in gross domestic ...

    http://www.scmp.com/business/banking-finance/article/1555923/hong-kong-monetary-authoritys-lack-independence-queried-imf
  8. Business - Banking & Finance - REGULATION

    Mainland banks resist CBRC edict on pooling of wealth products

    Posted Jul 15th 2014, 01:31am by DON WEINLAND

    ... destination of their investments from customers and analysts have said that the mismatch in duration is risky, especially if the products default. The China Banking Regulatory Commission sought ... departments to oversee the products they issue. One analyst, who asked not to be named, said banks such as China Minsheng Bank left the management of such products to their branches, with little ...

    http://www.scmp.com/business/banking-finance/article/1554324/mainland-banks-resist-cbrc-edict-pooling-wealth-products
  9. Business - Banking & Finance - REGULATION

    CBRC urged to relax lending rules in Shanghai free-trade zone

    Posted Jul 14th 2014, 03:09am by Jeanny Yu

    ... and foreign banks have formed an association in the zone, which recently wrote to the China Banking Regulatory Commission requesting looser controls on loans for fixed-asset investments. ...

    http://www.scmp.com/business/banking-finance/article/1553540/cbrc-urged-relax-lending-rules-shanghai-free-trade-zone
  10. Business - Money - REGULATION

    CSRC goes digital to track rat traders

    Posted Jul 14th 2014, 03:09am by Daniel Ren

    ... giving its crackdown on "rat traders" a much-needed shot in the arm. A China Securities Regulatory Commission investigator said hundreds of asset managers at mutual fund houses ...

    http://www.scmp.com/business/money/markets-investing/article/1553604/csrc-goes-digital-track-rat-traders

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