Another blow to Japan’s shaky corporate governance reputation, as report shows company overstated profits by a factor of three over a six-year period. Toshiba Corp said Tuesday its chief executive and president Hisao Tanaka will step down after an independent investigation found he had been aware the company had been inflating its profits over a […]

Singapore ‘s ACRA’s enhanced regulatory framework: anti-money laundering & counter terrorism financing obligations of corporate service providers – On 9 April 2015, the Accounting and Corporate Regulatory Authority (“ACRA”) announced that the ACRA (Amendment) Act 2014 and its related regulations, will take effect from 15 May 2015. The ACRA (Amendment) Act 2014, is supported by […]

An enhanced regulatory framework for corporate service providers to combat money laundering and terrorism financing will take effect from May 15, says the Accounting and Corporate Regulatory Authority. An enhanced regulatory framework for corporate service providers (CSPs) to combat money laundering and terrorism financing will take effect from May 15. The strengthened regime for CSPs […]