About 20 depositaries and 300 individuals will require licensing under RA 13, the new regulated activity for depositories of collective investment schemes.
February 6, 2023Failure to prevent fraud, false accounting, and money laundering will become new corporate criminal offences in the UK.
January 31, 2023The SFC warns that virtual asset platforms may on-lend customer assets or them in investment or other activities, which could potentially lead to a "total loss".
December 14, 2022Stephanie Tsui and Mark Lin at Hogan Lovells discuss the legal framework and tools available in Hong Kong to combat greenwashing behaviour.
December 2, 2022The SFO found that Glencore funnelled about $29mn worth of bribes between 2011 and 2016 to gain access to oil rights across Africa.
November 9, 2022US prosecutors had filed a motion to dismiss the case after two other traders were acquitted in January. Hayes is still trying to get his UK conviction overturned.
November 2, 2022Barclays did not disclose payments made to Qatari entities for their participation in two capital raisings during the GFC in 2008.
October 25, 2022Sovereign wealth funds from the UAE, Kuwait and Norway, along with Abrdn, HSBC, Standard Life and others are among the claimants.
October 14, 2022The order is the first made to require a listed company executive to buy shares held by other investors "at a price to be determined by the court".
October 7, 2022The suspects allegedly used different social media platforms to manipulate the trading in the shares of two Hong Kong-listed companies.
October 4, 2022