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...The company is closing all three of its offices in mainland China and it is unclear what portion of the group’s local employees will be retained....
...The rules only allow exchanges to serve clients who can pass know-your-customer checks and have funds in a local bank account or bank account in certain overseas jurisdictions....
...Of the 511 tech companies based in the city before February 2022, 500 are still operating, albeit with their engineers dispersed across Ukraine, says Olga Shapoval, the 41-year-old head of Kharkiv’s tech...
...Another question is how Ant funds its business transition now that the regulatory crackdown has hit its profitability....
...Milei’s spokesperson told the Financial Times that no additional funds had been earmarked to help Santa Fe tackle the gangs, beyond the security force provision....
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...Executives of quant firms operating in China say they are having to be very sensitive to the demands of local regulators, citing the $97mn fine given to market maker Citadel Securities in 2020....
...Asset managers have warned of a “major and serious risk” to European capital markets if local regulators do not follow the US lead....
...fundamentally ensure national security, in economy, defence and more.”...
...As well as smaller local private funds, there is an established industry of Chinese private equity firms. These have long been a draw for the “princeling” sons and daughters of top officials....
...Her brother, Erik Prince, studied at Hillsdale and founded the private security company Blackwater....
...“For the vast majority of people, diversification is a good thing,” explains Ben Seager-Scott, head of multi-asset funds at Evelyn Partners....
...pursued joint ventures with local firms....
...These include port fees on Chinese-built ships docking at US ports, and the creation of a Shipbuilding Revitalisation Fund to help the domestic industry and its workers....
...The Lex column is not convinced there are national security reasons for blocking the deal....
...India’s Securities and Exchange Board last year banned Zee’s chief executive Punit Goenka, who was set to lead the combined group, from directing any listed company for a year for allegedly diverting funds...
...The company has faced growing calls to contribute towards the government’s compensation fund....
...The move comes two months after the exchange denied media reports it had helped customers move funds held in sanctioned Russian banks out of the country....
...The entrance turnstiles are wired shut and the German engineers who set up its advanced production lines have long gone....
...To fund it, he added, the government is dipping into the $450mn confiscated last year from Russia’s Sberbank’s branch in Ukraine....
...The Securities and Exchange Commission’s climate disclosure rule — if it survives in court — would be reversed by a Trump administration 2.0....
...“They understood very well the psyche of the local retail public, they understood very well how to convince people to invest money with them,” said Donald Day, chief operating officer at Hong Kong-based...
...Operating AI on mobile devices would “have superior privacy protection properties,” Olejnik said....
...The $5.5mn investment required came from both federal and local public funds and private sources. “Oasis means refuge, safe place, shelter,” says Aaron Johnson, manager and owner....
...It is among the first rulings in the US to demand the excavation of an operating wind project. A later trial will determine how much the company will pay in compensation....
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