Search Results for: financial regulations

US President George W. Bush imposed new sanctions on 12 Myanmar businesses and individuals in an executive order issued Friday. Included in the order freezing US-held assets and blocking certain property transactions were designations by the...

The US House of Representatives Friday approved the Patent Reform Act of 2007 , the first overhaul of current US patent laws in more than 50 years. The bill passed 220-175 , with most Democrats supporting...

The Chinese Supreme People's Court and the Supreme People's Procuratorate jointly published new rules Sunday which broaden the definition of bribery to encompass arrangements where officials do not personally receive money, gifts, or favors...

US Securities and Exchange Commission (SEC) chairman Christopher Cox defended the SEC's record from Democratic and Republican criticism before the US House Financial Services Committee Tuesday, testifying that the...

The US Securities and Exchange Commission (SEC) Wednesday moved to ease accounting procedures required for foreign companies trading on US exchanges. The SEC commissioners voted 5-0 to amend federal regulations to...

China's new "Enterprise Bankruptcy" law came into effect Friday, officially introducing broad sweeping regulations governing the resolution of outstanding business debts for the first time in China , which is gradually amending its laws to address the...

The US District Court for the District of Colombia Thursday dismissed a derivative lawsuit filed by shareholders of home financial services corporation Fannie Mae to force former CEO Franklin D. Raines, former CFO J. Timothy...

The US Court of Appeals for the Second Circuit upheld the fraud convictions of Adelphia Communications founder John J. Rigas and son Timothy J. Rigas on all but one count Thursday, reversing and acquitting the...

The US Securities and Exchange Commission has settled accounting fraud charges against HealthSouth founder and former CEO Richard Scrushy under an agreement announced Monday "that permanently bars Scrushy from serving...

The British government Monday released proposed money-laundering regulations that would broaden controls on businesses, politicians, and foreign officials with a view to controlling corruption, fighting crime and making financing of terrorism more difficult. The new rules would require financial...