All posts tagged "Bribery"
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362ChinaFormer Hengfeng Bank Chairman Receives Death Sentence
A two-year reprieve means the sentence will likely be commuted to life imprisonment for the 70-year old former chairman, after he was convicted for bribery, corruption and embezzlement.
December 30, 2019 -
286AML / KYCICAC Charges Two in Bribery Scheme to Circumvent China Capital Controls
A former CITIC branch manager accepted over HK$1mn in commissions for referring 6 bank clients to a money exchange company to remit money from the Mainland to Hong Kong.
December 19, 2019 -
166AML / KYCUS SEC Settles FCPA Charges Against Goldman’s Tim Leissner
Leissner has agreed to be permanently barred from the securities industry for violating antibribery, internal accounting controls, and books and records provisions of federal securities laws.
December 18, 2019 -
185ChinaFormer CSRC Shandong Official Expelled from CCP For Graft
Xu Tie was placed under investigation earlier this year, 6 years after his retirement from the Shandong bureau of the CSRC.
December 10, 2019 -
340ChinaChina Issues Measures to Clean Up Credit Ratings Industry
The measures are part of China's efforts to clean up the ratings industry and open up to foreign competition, in order to boost foreign participation in the domestic bond markets.
December 3, 2019 -
170ChinaEx-ICBC Shanghai Boss Expelled from Party, Public Posts
Gu Guoming was reportedly found to have been involved in ‘serious corruption’, taking “an extremely large amount” of bribes and using his position to seek benefits for friends and relatives.
November 21, 2019 -
479EnforcementSFC Bans Former Deutsche Securities RO for Life
For ban follows a February 2018 conviction, where the former responsible officer was sentenced to 45 months’ imprisonment and ordered to pay HK$6.4mn to Deutsche Bank AG in restitution.
November 18, 2019 -
600AML / KYCMalaysia Passes Bill to Form New Anti-Financial Crime Body
Expected to launch in January, the National Anti-Financial Crime Centre (NAFCC) will coordinate the efforts of 12 enforcement agencies to tackle financial crime.
October 13, 2019 -
288ChinaChina Antigraft Agency Concludes Probe into Former CSRC Chief
Liu Shiyu has been removed from his government post and had his illegal gains confiscated, but he will remain a member of the CCP due to his cooperation in the probe.
October 7, 2019 -
317Hong KongSFC Imposes Lifetime Ban on Former BoCom Banker
The ban follows an August 2018 conviction, where the former banker was found guilty of soliciting illegal commission payments from a client for stock trading profits.
September 24, 2019
