Posts Tagged “Asia”
by The Compliance Exchange on January 16, 2013
A former compliance officer for Siemens AG (SIEGn.DE) in China sued the company on Tuesday, accusing it of firing him after he tried to expose a kickback scheme involving medical equipment sales to hospitals there.
by Kyle Colona on April 26, 2012
Garth Peterson, a former real estate executive in Morgan Stanley’s China unit pled guilty to breaking provisions of the Foreign Corrupt Practices Act (FCPA)
by The Compliance Exchange on April 24, 2012
The Securities and Exchange Commission has sued another China-based company and two of its executives, charging them with lying to investors about the value of the company’s assets and how it used $120 million in proceeds from its initial public offering on the Nasdaq.
by The Compliance Exchange on April 23, 2012
The Tokyo Stock Exchange has said it does not want a ‘dirty’ capital market. Just as foreign investor interest in the Japanese stock market has picked up, old fears have reawakened over the level of insider trading ahead of deals.
by Beth Connolly on April 10, 2012
Wang Caipang, a thirty-year-old Chinese gold futures speculator, was sentenced to death for misleading investors to believe she was investing in equipment and property.
by The Compliance Exchange on April 9, 2012
The Monetary Authority of Singapore is seeking a court order to freeze the funds of Huang Zhong Xuan, the former chief executive officer of China Sky Chemical Fibre Co. (CSCF), which is being probed for regulatory breaches.
by Daryn Strauss on March 29, 2012
The president of Japan’s asset management firm AIJ Investment Advisors has issued a mea culpa… sort of.