Foreign shareholders can own up to 25% of a virtual bank. A BOT waiver raises this to a 49% limit. Three licences will be granted next year.
January 17, 2023The FSS produced the guidance by analysing three years of cases where fraud and embezzlement were detected by external auditors.
January 9, 2023Online bond platform providers must have a stockbroker registration certificate from SEBI and be registered with the stock exchange.
November 17, 2022ASX, NZX, SGX, and SPX issuers would have to comply with only a minimal number of PNGX rules for a dual listing. The proposals also provide a framework for SPAC listings.
October 29, 2022The illegal behavior lasted nearly 10 years, affecting nine customers, five of which were seniors. The total amount involved was about TWD 84.5 million.
August 1, 2022The joint operation involved a loan granted by a listed company to a related party and payments purportedly made to suppliers that instead went to related parties.
July 6, 2022Listed companies will have to disclose all loan activities, contracts with related parties, and technology changes as 'price sensitive information'.
May 11, 2022Korean companies categorised as "large businesses" are placed under close monitoring and must disclose information on major intracompany dealings, board decisions and shareholders.
April 22, 2022Related party transactions approved before 1 April under the old rules will require approval from shareholders.
April 7, 2022SEBI's new AI-based surveillance systems have detected possible insider trades by related parties of investment bankers.
March 28, 2022