Regulation in the Philippines: Minimum capital requirement for currency brokers is PHP100 million

Each regulator has different rules and enforcement, depending on the country in which it operates. They require all brokers and banks to be registered and licensed in the country in which they wish to operate, always in compliance with applicable laws; Th

Think of terror in detail! A 30-year-old Chinese man has been arrested for online fraud in Japan after 2.9 million account details were found on his computer

It is reported that the 30-year-old Chinese man surnamed Hu is a director of a company in Minato Ward, Tokyo, his computer stored as many as 2.9 million people\'s account numbers and passwords, and about 100 million email addresses, police suspect that he

China Banking and Insurance Regulatory Commission issued the "Agricultural Insurance Actuarial Provisions (Trial)"

The Regulations also specify the duties of the chief actuary. Specifically, the chief actuary of an insurance company, as the first person responsible for the actuarial management of the company\'s agricultural insurance, should strictly comply with the s

Interim Measures for the Administration of Cooperation on the Connectivity of the Interest Rate Swap Market between the Mainland and Hong Kong were released

Recently, the People\'s Bank of China issued the Announcement of the People\'s Bank of China (2023) No. 8. The announcement pointed out that in order to standardize the business related to the interconnection cooperation between the Mainland and Hong Kong

CBRC: In 2023, small and micro financial services should maintain an incremental expansion trend

In order to fully implement the spirit of the Party\'s 20th Congress and the Central Economic Work Conference, and implement the 2023 "Government Work Report" and the requirements of The State Council for the division of work, the General Office

Circular of The General Office of the State Council on Optimizing and Adjusting Policies and Measures to stabilize Employment to Promote Development and benefit people\'s Lives

In order to fully implement the spirit of the Party\'s 20th National Congress and the Central Economic Work Conference and the national "two sessions", implement the requirements of The State Council\'s key division of work in 2023, deeply imple

The China Banking and Insurance Regulatory Commission has pushed insurance companies to implement the two new standards

Compared with the original insurance contract standard, the new insurance contract standard has three major changes: First, under the original standard, the premium collection is recognized as income in one lump sum, while under the new standard, the prem

China Banking and Insurance Regulatory Commission: Last year, the underwriting profit of the insurance industry was the highest in the past five years

Compared with the original insurance contract standard, the new insurance contract standard has three major changes: First, under the original standard, the premium collection is recognized as income in one lump sum, while under the new standard, the prem

Help enterprises to stabilize orders and expand the market, increase financial support... Promote stable scale and excellent structure of foreign trade, authoritative response!

This year, we have implemented provisional import tariff rates on 1,020 items. The so-called provisional import tariff rate is lower than the tariff rate we promised to the WTO. The average import tariff level of China is about 7%, while the average impor

CONSOB has banned four more illegal financial websites, bringing the total to 886.

CONSOB, Italy\'s financial watchdog, blacklisted four more websites yesterday for providing unauthorised financial services. So far, the total number of illegal websites blocked has reached 886.

Police in Hong Kong have arrested 100 people in connection with an online fraud in which Canadian victims were defrauded of HK $23 million

Police said yesterday (May 3) that the week-long operation resulted in the arrest of 71 male and 29 female suspects, aged between 17 and 74. The suspects come from all walks of life, including clerks, salespeople, retirees and the unemployed.

Securities Commission Malaysia Investor Alert List update: 22 companies\' listed \'in April

The Securities Commission Malaysia (SC) has updated its Investor Alert list and according to its website data, 22 unauthorised websites, investment products, companies and individuals have been added to its alert list in April 2023.

Three more on the blacklist! The number of illegal financial websites banned by CONSOB in Italy has increased to 882

CONSOB, Italy\'s financial market regulator, added three more websites to its blacklist for unauthorised financial services. So far, the total number of illegal websites blocked has reached 882.

Maximum civil penalty in CFTC case! The CEO of a South African financial company has been fined more than 3.4 billion dollars

The U.S. Commodity Futures Trading Commission announced, A judge in the District Court for the Western District of Texas ruled against Cornelius Johannes, founder and CEO of Mirror Trading International Proprietary Limited (MTI), a South African financial

The CFTC accused the Fisher Capital platform of an investment scam targeting the elderly

The U.S. Commodity Futures Trading Commission (CFTC) on Tuesday (April 25) filed a civil enforcement action against Fisher Capital and its owner Alexander Spellane for allegedly running a precious metals investment fraud targeting seniors. The Los Angeles