Legal & Regulatory

Bogus names prompts Asiana to sue news channel

A news report that showed 'racist' and fake names damaged the reputation of Asiana, the budget carrier said.


Athene-Aviva insurance deal under review

The insurance deal between Athene and Aviva was placed under review. The insurance deal between Athene Holding Ltd. and Aviva PLC was placed under review.

Chile court gives latest suspension on Barrick’s gold mine operation

Barrick temporarily stopped the construction of the controversial Pascua-Lama gold mine project due to a court suspension issued last Monday.

Denmark Urges Banks to Ignore SME Capital Provision

Denmark advised Danish banks to disregard the European directive to reduce exposure charges The European Parliament, in an attempt to align with the Basel Committee on Banking Supervision's regulation, passed a directive that will simplify the risk calculation for small- and medium-sized business loans.


Latest News

After his acquittal to the murder of a teenager, Zimmerman pursued his suing of NBC News. The acquittal of George Zimmerman allowed him to pursue his case against news network NBC News for the mis-editing of this police call prior to the shooting.
The Reserve Bank of India imposed US$8.3 million in fines for 22 lenders that flouted rules and regulations on anti-money laundering.
Chinese Securities Regulatory Commission allowed Alibaba to expand its capital for the online loan enterprise.
Florida's 'Stand Your Ground' law under fire for its role in the Trayvon Martin murder trial.
The gunman of teenager Trayvon Martin was found not guilty of second degree murder. George Zimmerman was found not guilty by jury of six women for the murder of Trayvon Martin.
US President Barack Obama urged the House of Representatives to act quickly on the immigration reform plan.
Jason Konior pleaded guilty of stealing US$2.9 million from investors as part of the 2011-2012 Ponzi scheme.
INTL FCStone abandoned its plan to buy Cleartrade Exchange due to the newly-issued financial guidelines.
The House of Representatives approves the contentious farm bill defying a veto threat from the White House.
CFTC was close to a compromise on how the regulator's rules applied to foreign corporations dealing with banks in the US.