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In 2011, Moody’s Investors Service Hong Kong Limited which along with many associated companies is generally known only as "Moody's," and which has forgone the sobriquet "ratings agency" in favour of the much more honest "ratings organisation", issued a document entitled "Red Flags for Emerging-Market Companies: A Focus on China." Ignoring, for the sake of simplicity, that the document referred to warning signs and not red flags in the true sense, it contained material that the Hong Kong Securities and Futures Commission (SFC) decided was not apt. That started a battle which continues.

Peter Lee
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This is genuinely hilarious. Astro TV is supposed to be a communications company. Here's an epic fail or twenty.

Nigel Morris-Co...
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It's one of the quickest settlements that the USA's Securities and Accounts Commission will ever see. On 27th September, civil proceedings were started. That was Thursday. The proceedings were, it has to be said, no surprise but while the "what" was expected, the "when" was unknown. After all, American prosecutors and regulators enjoy the glare of publicity and trying their cases in the court of public opinion long before they ever get to a court room. But Elon Musk, who is increasingly demonstrating deteriorating judgement in so many ways, is nothing if not decisive. On Saturday, 29th September, the SEC issued a statement: the SEC and Musk had settled and Musk didn't do anywhere near as badly as the SEC had applied for. But there is a sting in the tail.

Editorial Staff
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It's a story that isn't gripping Malaysia: in 2015, a helicopter crash resulted in the deaths of several prominent members of the government of then Prime Minister Najib that Najib's office said was carrying guests from a wedding reception for Najib's daughter. Now, in an action before the Shariah High Court in Kuala Lumpur, there's a dispute over the very substantial estate of one of the politicians. So far, in a country obsessed with 1MBD, no one is asking loudly how such wealth was accumulated by one man in a life in public service.

It is often said (by our boss, Nigel Morris-Cotterill) that those who succumb to Nigerian (419) frauds are either greedy or stupid. And that old scams never die, they just hibernate for a while and that spam-scammers often time their contact to hit while people are in a sanguine or relaxed state of mind. This spam-scam, he says, proves all of that.

Nigel Morris-Cotterill

F1 is a team sport and that means that, sometimes, hard decisions produce results that prejudice one or other side of the garage. Team orders are both a necessary evil and a despicable trick. Gamblers hate team orders (serves them right for trying to fly in the face of the nature of the sport then whining when it goes against them), fans of pure racing hate them (but those who are fans of the sport, per se, acknowledge their importance) and casual watchers don't understand them. Yes, they interfere with the spectacle and yes, they leave a bad taste in the mouth. And the 2018 Russian Grand Prix in Sochi left a taste that even the...

Bryan Edwards
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The 2018 Russian Grand Prix got off to a farcical start minutes before qualifying began. Five cars parked in the pit lane, engines off, drivers in, waiting to restart the cars shortly before the session started. Why, who gained and who lost out?

Bryan Edwards
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We all get the scams telling us that a criminal has our data. Many of us get scams saying that the criminals have details of access to pornographic websites and, even, footage taken from cameras on our desktop or laptop machines. Usually, we are told that we are being blackmailed and ordered to pay a sum, via bitcoin, to a specified wallet, 1Lughwk11SAsz54wZJ3bpGbNqGfVanMWzk. This wallet should, obviously, be disabled with immediate effect.

Nigel Morris-Co...
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It's now clear: posting message on social media such as twitter, facebook and instagram is regarded by the USA's Securities and Exchange Commission in the same light as any other statement and the consequences for false or misleading information are the same as any other means of disseminating such information. Elon Musk, hardly a shrinking violet when it comes to grabbing headlines for his various ventures, is the defendant in a civil action brought by the SEC: what happens here will define both how corporations use social media and whether others who have posted material they should not have done will be brought to book.

Editorial Staff
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Don't say that: 

academician

Do say this: 

academic

California's Attorney General Xavier Becerra and San Francisco's District Attorney George Gascón will host a press conference to announce a USD148 million, multi-state settlement with Uber over a 2016 data breach. That's all a bit prosaic. This is the extraordinary story behind it and it is anything but prosaic. And it is, at least in part, the middle of the beginning of the end, as CEO, of Uber's founder Travis Kalanick.

Peter Lee
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This morning, Commissioner for Employment, Social Affairs, Skills and Labour Mobility, Marianne Thyssen, received Michael O'Leary, CEO of Ryanair. The meeting took place at the request of Mr O'Leary, to discuss the current dispute at the airline company on the application of EU labour law and the steps Ryanair is taking.

Editorial Staff
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Editorial Staff

On 2 July, 2018, OFAC issued a recent action notice [ https://www.treasury.gov/resou... ] notifying persons holding property blocked pursuant to OFAC sanctions regulations published in Chapter V of Title 31 of the Code of Federal Regulations of the requirement, as outlined in 31 C.F.R. 501.603, to provide OFAC with a comprehensive report on all blocked property held as of June 30 of the current year by 30 September.

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chiefofficersnet

Media Release : issued 24/09/2018 20:59

The Monetary Authority of Singapore (MAS) today published an Enforcement monograph to provide greater clarity and transparency into how MAS deters, detects, investigates and takes action against breaches of the rules and regulations it administers. The monograph outlines how MAS’ Enforcement Department works together with the other financial sector oversight functions in MAS to uphold Singapore’s reputation as a clean and trusted financial centre.

Editorial Staff
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Australia's ASIC is warning companies that they have until only 27 September to file a new set of data.

Editorial Staff
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