Legal & Regulatory

Prudential Faces 30 Million Pound Fine Over 2010 AIA Buyout Attempt

UK's Financial Services Authority (FSA) has fined Prudential 30 million pounds for hiding its attempt to buy Asian rival AIA three years ago.


China Regulator Issues Guidelines on Non Standardized Debt Assets

The China Banking Regulatory Commission issued guidelines on the proper handling of wealth management instruments.

Qantas Emirates Partnership Approved

Australian regulators have approved the Qantas-Emirates international flights scheme. Australian anti-trust regulators have cleared the tie up between Qantas Airways Ltd and Emirates on international flights.

Insider Trading Scheme Charged against Two Individuals

Felony charges were filed against David Riley and Matthew Teeple for insider trading. A former executive at Foundry Networks Inc was charged with insider trading after tipping a California hedge fund analyst of the company's acquisition plans.


Latest News

Otelco attributes loss of Time Warner contract and FCC order as causes for the need to seek bankruptcy protection.
SEC chairman Elisse Walter urged during video conference at the annual forum of the Australian Securities and Investment Commission that foreign regulation should be applied for cross-border trades.
Argentina has recently instituted new regulation for investments to curb capital flight and retain dollars.
SEC Chairman Elise Walter proposes foreign regulatory guidelines for cross border trading especially with over the counter derivatives trades.
Several hoaxes on stocks have emerged from the social media site Twitter as investors use the site as source of stock information.
More equity dealmakers criticize judges and their activities. In its annual M&A Jamboree in New Orleans held this week, dealmakers delivered its verdict on judges who make superfluous legal rulings to the detriment of their business.
The current lack of a majority in the Italian government is seen as a precursor to further economic issues in the long run.
In the wake of the 2007 mortgage crisis, a group of Singaporean investors have filed suit against Morgan Stanley for their role in the debacle.
Schroders reveals that it was planning to acquire smaller rival Cazenove as it sees rise in its assets.
Renta opting for insolvency protection to schedule debt payments. Share trading for Rental Corporacion, the Spanish property firm, was suspended last Tuesday after reports surfaced that the company's board was contemplating opting for insolvency.