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...The top three executives at some of China’s leading state-backed brokerages, including CSC Financial, Citic, China International Capital Corporation (CICC), Huatai Securities and Guotai Junan Securities,...
...They also point out that the FSCS would step in if there was a failure. Disclosure on funded reinsurance is partial....
...But Nuctech is a subsidiary of Tsinghua Tongfang, which is partly owned by China National Nuclear Corporation, a powerful civilian and military nuclear group....
...It also withdrew an application to launch a spot bitcoin ETF after the US Securities and Exchange Commission approved 10 others....
...The $91.6mn bond was underwritten by a subsidiary of the Chubb corporation....
...“Folks in western Pennsylvania know what it is like to see lousy policies help ship our jobs overseas to places like China with meaningless worker and environmental standards — all so big corporations can...
...Shang Kuang-chi, chief secretary of the FSC’s Securities and Futures Bureau, later responded that some investors may have “relatively irrational investment behaviour”....
...Chang Chen-shan, director general of the Securities and Futures Bureau, said the FSC was aiming to finalise the proposal to allow active ETFs by June, but did not expect a decision before then....
...Which brings me to conclude that the FSCS limit needs a review....
...In August, Kao Ching-ping, deputy director of the FSC’s Securities and Futures Bureau, said the regulator would like ETFs to go “back to basics”, and that dividend payouts should be based on the dividends...
...It was a theory Panuwat rejected as factually false and not even prohibited by existing securities law....
...Deloitte and KPMG were among western corporations that in recent months asked staff to bring burner phones to Hong Kong....
..., deputy director of the regulator’s Securities and Futures Bureau, said in a press conference on August 31....
...China’s state-owned giants, China National Nuclear Corporation and China General Nuclear Power Group, are also expanding rapidly....
...Shares in Digital World Acquisition Corporation, the special purpose acquisition company with which TMTG will merge, were down about 7 per cent after Friday’s announcement....
...While a larger fallout was avoided, the incident should act as a wake-up call for financial corporations and regulators to step up their efforts on cyber security....
...The Internal Revenue Service said on Wednesday that it was preparing “dozens” of audits of large corporations, partnerships and high-income taxpayers to see if their use of jets had been properly designated...
...screwing over everyday retail investors at the behest of other corporations, is the last company on earth that should lecture anyone on ‘integrity.’”...
...Meanwhile, security consultants guess that ransomware attacks generated $20bn of losses in 2021 — and project a tripling in 2026....
...She adds that cybercriminals may view wealthy individuals as easy targets due to their public profile and typically having fewer cyber security precautions than corporations....
...Wiz, led by former Microsoft executive Assaf Rappaport, focuses on providing cyber security in the cloud....
...He added that the FSC was currently in talks with the Securities Investment Trust and Consulting Association, which represents the local funds industry, over a range of such measures to strengthen supervision...
...The three other legislative bills aim to “end tax breaks for Chinese equities, restrict sanctioned Chinese companies’ access to US capital markets, increase transparency on risks to American corporations...
...It was once the largest corporation in the world, and its plants lined the banks of Pennsylvania’s Monongahela River. The closure of those plants was lamented in a song by Bruce Springsteen....
...At present, a branch of the main clearing house the Depository Trust and Clearing Corporation, called the Fixed Income Clearing Corporation, is the only venue where Treasury trades are cleared....
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