All posts tagged "Class Action"
-
523ChinaChina Pledges to Open Up Corporate Credit Bond Market
Coordinated efforts will be made to unify access arrangements for foreign institutional investors and streamline requirements on the management of cross-border capital.
August 19, 2021 -
189AML / KYCAUSTRAC Consults on AML/CTF Rule Amendments
The amendments allow FIs to carry out ACIP on a customer after an account is opened, provided the initial deposit is the only transaction made at opening.
July 31, 2021 -
74Australia & NZASIC Proposes Additional Guidance on Litigation Funding
ASIC proposes to grant relief from the equal treatment duty to enable the effective distribution of a resolution sum obtained in a class action.
July 18, 2021 -
191ChinaChina to Require Cybersecurity Reviews Before Firms List Overseas
Companies that have personal information of more than 1 million users must submit to a cybersecurity review by the Office of Cybersecurity Review.
July 14, 2021 -
96Australia & NZAustralia Considers Additional Rules for Litigation Funders
The government will consider capping fees and the introduction of a minimum rate of return for class action members.
June 3, 2021 -
202ChinaChinese Court Accepts First Class Action Against Listed Company
The CSRC said the lawsuit will help listed companies and intermediaries to improve their internal governance and standardise market operations.
April 20, 2021 -
136Australia & NZ
Australia Finalises Changes to Continuous Disclosure Laws
The changes will discourage opportunistic class actions and protect companies from liability unless their officers have acted with “knowledge, recklessness or negligence”.
February 21, 2021 -
1.1KAML / KYCUS Law Firms Look to Capitalise from FinCEN Files
US law firms are inviting investors to participate in class actions if they lost money in HSBC and StanChart stock following the release of the FinCEN Files.
September 30, 2020 -
44AML / KYCWestpac, AUSTRAC Close to Settlement Over AML Breaches
The final penalty amount, which could reach as high as A$1.5bn, is expected to be announced at a joint press conference in coming days.
September 24, 2020 -
647China
Chinese Financial Regulators Vow Crackdown on Fraud
The FSDC set out measures to speed up investigations and criminal prosecutions, increase penalties and civil compensation, and improve stock market delisting mechanisms.
July 15, 2020
