FinCEN is asking for written comments on the implementation of the beneficial ownership information reporting of the Corporate Transparency Act.
April 8, 2021Global Financial Integrity says money laundered from tax evasion and illicit funds entering the US financial system from overseas are estimated at $1tr.
March 6, 2021The critical infrastructure facilities believed to be on the list include Taiwan’s D-SIBs, science park operators and telecoms.
February 5, 2021The latest designations are a response to the arrest of 53 pro-democracy politicians and activists this month. Hong Kong's government called the move "insane, shameless and despicable".
January 18, 2021White House allies including Treasury Secretary Steve Mnuchin also reportedly pressured the NYSE to again reverse its decision on delisting Chinese telecom stocks.
January 7, 2021NYSE will no longer delist the ADRs of China Telecom, China Mobile and China Unicom "in light of further consultation with relevant regulatory authorities".
January 5, 2021Foreign investors are required to seek approval for all investments in sensitive national security land or businesses (including starting such a business) regardless of value.
January 5, 2021Index providers will likely be forced to remove companies like China Mobile and China Telecom from key benchmarks by 11 January.
November 16, 2020HSBC is the only lender that participated in China's November 2019 dollar debt offering that isn't participating in this year's issuance.
October 15, 2020Foreign firms and individuals could be hit with trade, investment and visa restrictions is they fail to "correct" their behaviour within a time limit.
September 22, 2020