All posts tagged "Liquidation"
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232Capital RegulationIndia Authorises Sovereign Guarantee for New ‘Bad Bank’
India's new National Asset Reconstruction Company will acquire stressed assets through the issuance of tradeable security receipts guaranteed by the government.
September 20, 2021 -
152Market InfrastructureSGX Finalises Changes to Default Management Process
The changes align CDP’s default management process with global practices, improve efficiency, and enable speedier resolution of any clearing member default.
September 6, 2021 -
129Australia & NZASIC Prosecutes 124 Individuals for Failing to Cooperate with Liquidators
Company officers failed to provide registered liquidators access to the company's books and submit reports on company activities and property.
August 18, 2021 -
86Australia & NZFMA Proposes Financial Reporting Exemptions for Insolvent Firms
New Zealand’s FMA is considering introducing a class exemption for insolvent FMC reporting entities from certain financial reporting obligations.
August 12, 2021 -
161Capital RegulationIndia Progresses Key Deposit Insurance Reforms
The reforms will enable customers to access their deposits within 90 days if a bank is unable to fulfill its obligations due to a moratorium.
August 9, 2021 -
100ChinaShenzhen Court Ruling Paves Way for China Bankruptcy Law
A Shenzhen court has reportedly approved a restructuring plan for a businessman requiring him to repay the principal of his loans to creditors.
July 26, 2021 -
153AML / KYCKorean Officials Seize Cryptocurrency from Tax Evaders
Investigators had to compare tax evaders' mobile phone numbers against those registered at crypto exchanges in order to track down their account details.
June 24, 2021 -
319EnforcementHin Leong Files Suit Against Deloitte Over Auditing Failures
The lawsuit claims Deloitte would have detected material misstatements and not issued unqualified opinions if its audits were carried out properly.
June 16, 2021 -
180Capital RegulationCBIRC Issues Final Rules on Resolution Planning for FIs
Deposit-taking institutions, leasing companies, asset managers and insurers with assets exceeding a specified threshold are required to formulate recovery and resolution plans.
June 12, 2021 -
347AML / KYCBaFin Files Criminal Complaint Against Deutsche Bank Exec
Alexander Schütz is suspected of using inside information to trade Wirecard shares. A separate probe into EY's audits of Wirecard is continuing.
April 23, 2021
