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Results 1 - 10 of 175 for companies ordinance

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  1. Business - Companies - REGULATION

    Car-parts suppliers face clampdown over price fixing

    Posted Aug 25th 2014, 03:34am by Reuters

    ... co-ordinated", an executive at the carmaker said. One supplier put in a slightly lower bid for front shock absorbers than its rival and a slightly higher bid for rear shocks, while its rival did ... exchange. Some Japanese parts suppliers have evidently taken that business model further. "To secure high profitability, those suppliers often co-ordinate bids for a supply contract when ...

    http://www.scmp.com/business/companies/article/1580430/car-parts-suppliers-face-clampdown-over-price-fixing
  2. Business - Banking & Finance - REGULATION

    Banks learn about the difference in US and HK money-laundering rules

    Posted Aug 25th 2014, 03:34am by ENOCH YIU AND DON WEINLAND

    ... different supervisory tools doesn't mean we have a weaker regime. We have a wide range of powers under the banking ordinance which allow us to ensure continuing enhancement on banks' ...

    http://www.scmp.com/business/banking-finance/article/1580466/banks-learn-about-difference-us-and-hk-money-laundering
  3. Business - Companies - REGULATION

    EU plans no retaliation over mainland car probes

    Posted Aug 22nd 2014, 01:21am by SIULAN LAW

    ... the South China Morning Post it would follow developments closely and take up issues with Beijing if needed. German car giants Audi, Mercedes-Benz and BMW were among the first companies named ... intimidation tactics are being used to impel companies to accept punishments and remedies without full hearings," the statement said, adding that some investigated firms said they had been advised ...

    http://www.scmp.com/business/companies/article/1578733/eu-plans-no-retaliation-over-mainland-car-probes
  4. Business - China Business - REGULATION

    China tightens tax noose on companies with overseas assets

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

    ... has announced a new regulation designed to improve the central government's tax collection from overseas mainland companies, including those controlled in Hong Kong. On Thursday, the State Administration of Taxation announced a new rule that required greater disclosure by mainland companies of their overseas investments and income. The new regulation will take effect ...

    http://www.scmp.com/business/china-business/article/1548279/china-tightens-tax-noose-companies-overseas-assets
  5. Business - Money - REGULATION

    Fund managers’ lobbying on regulation backfires

    Posted Aug 21st 2014, 10:06am by Reuters

    ... added. Such intervention is already part of supervisory thinking on money market funds in the US and Europe. The Investment Company Institute (ICI), a US funds sector lobby group, said ...

    http://www.scmp.com/business/money/markets-investing/article/1578298/fund-managers-lobbying-regulation-backfires
  6. Business - Companies - REGULATION

    SFC begins insider trading case against Water Oasis ex-chief Salina Yu

    Posted Aug 15th 2014, 09:29am by Langi Chiang

    ... Lai-si, the former chief executive of Water Oasis Group, for alleged insider dealing of her company’s shares. The commission said Yu avoided a loss of about HK$281,346 by selling all her Water Oasis shares in one of her securities trading accounts shortly after she was informed by H2O Plus at around 10am on January 20, 2012, that it would terminate her company’s exclusive ...

    http://www.scmp.com/business/companies/article/1574120/sfc-begins-insider-trading-case-against-water-oasis-ex-chief
  7. News - Hong Kong - REGULATION

    Banks back public access to directors' addresses and full ID numbers

    Posted Jan 13th 2013, 12:00am by Lana Lam

    ... raised the concerns in its submission on amendments to the Companies Ordinance. The proposed changes would allow directors, upon payment of HK$55, to substitute a correspondence address ... Lana Lam lana.lam@scmp.com HK Association of Banks says information on company directors should remain open to all Banks back public access to directors' addresses Banks have come out ...

    http://www.scmp.com/news/hong-kong/article/1126715/banks-back-public-access-directors-addresses-and-full-id-numbers
  8. 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

    ... late on Wednesday that Section 10 of the Banking Ordinance grants the chief executive the power to direct Hong Kong's de facto central bank or overrule its decisions without specifying ... 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 ...

    http://www.scmp.com/business/banking-finance/article/1555923/hong-kong-monetary-authoritys-lack-independence-queried-imf
  9. Business - China Business - REGULATION

    Brokerages eye bigger share of shadow banking market

    Posted Jul 31st 2014, 01:24am by BLOOM

    ... Bloomberg Brokerages tap into shadow banking market As increased regulatory oversight curbs the growth of China's trust companies, securities firms are seizing the chance to boost ... Securities Regulatory Commission oversees brokerages, while trust companies are supervised by the China Banking Regulatory Commission. "Over the past two or three years, we've seen the CBRC ...

    http://www.scmp.com/business/china-business/article/1563009/brokerages-eye-bigger-share-shadow-banking-market
  10. Business - China Business - REGULATION

    Foreign carmakers face Beijing's probe on spares

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

    ... whether foreign car manufacturers are preventing component makers from selling spare parts to any dealers besides those authorised by the car companies, people familiar with the matter said. ... the company. The NDRC did not reply to a fax seeking comment. While figures are not publicly available, the spare-parts business only makes up a small part of automakers' profit, according to John ...

    http://www.scmp.com/business/china-business/article/1556592/foreign-carmakers-face-beijings-probe-spares

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