Tag: Law
Korea Is Said to Seek Fines on HSBC, BNP for Naked Short Selling
[ad_1] South Korea’s financial watchdog has recommended imposing a fine of at least 10 billion won ($7.7 million) each on HSBC Holdings Plc and BNP Paribas SA for so-called naked short selling, which is considered illegal in the country, according to two people familiar with the matter. The nation’s Financial Supervisory Service made the recommendation to the Securities and Futures Commission under regulator Financial Services Commission, said the people who requested anonymity discussing private matters. [ad_2] Source link
India Parliament Pushes Key Bills as Opposition Stays Suspended
[ad_1] Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. India’s parliament is planning to push through some crucial bills, including proposed changes to overhaul the criminal justice system, despite a record number of opposition members still suspended. [ad_2] Source link