Search Results for: Singapore

THE ASIA-Pacific region, even one-party states such as China, have developed legal protections for whistleblowers, although the comprehensive protection more commonly found in Europe is still usually absent.

South Korea is one jurisdiction leading the pack on developing robust whistleblower protections.…

EY, (formerly Ernst & Young), the Big 4 accounting major accused of shortcomings over its audit of disgraced German card payments processor Wirecard, is rejecting blame for its failure to detect the fintech firm’s EUR1.9 billion (USD2.1 billion) fraud scandal before it expanded to such a size.…

Two former Iraq managers for Monaco-based energy major Unaoil were convicted July 13 in Southwark Crown Court, London of paying over USD500,000 in bribes to officials at the Iraqi South Oil Company to clinch a USD55 million contract for offshore mooring buoys.…

ACCESSING the dark web once demanded some computing expertise. But dark web search engines and browsers continue being developed, guiding potential users to this encrypted corner of the web where commercial criminals ply their wares and illicit businesses avoid taxes. How should legitimate companies react?…

New aspiring entrants to the AML/CFT and other compliance sectors will be hard hit regarding available jobs and related pay and conditions by the ongoing Covid-19 pandemic, according to international recruitment agency Randstad. Its Hong Kong director banking and financial services Rick Chung warned: “Similar to what we have witnessed during the global financial crisis, it will be challenging for fresh graduates to secure jobs during these extraordinary times.”…

Malaysia’s digital textile printing industry and market is growing at a steadfast pace, with local demand driven by regional designers and fashion brands, particularly when producing Islamic wear, such as scarfs and shawls.

However, the industry faces challenges securing enough orders to fully utilise its capacity.…

THE CHINESE government has announced that it will add another 46 cross-border e-commerce pilot zones in the country, bringing the number to 105, according to the State Council, effectively mainland China’s cabinet. The move is designed to help revive China’s export industries, which have been damaged by the Covid-19 pandemic.…

WANT to check the dark web for illicit services? Search engines accessible from the public web offer links to the dark web. One example is Finland-based Ahmia (https://ahmia.fi/), which yields interesting results from searches such as https://ahmia.fi/search/?q=hacking. A more recent variant that has attracted attention from the IT security press is Kilos – http://dnmugu4755642434.onion…

ASIA Pacific Rayon (APR) has broken ground in the Indonesian viscose manufacturing sector by receiving the internationally recognised STeP sustainable textile and leather production certification from the Switzerland-based standards body OEKO–TEX.  APR, a vertically integrated viscose-rayon manufacturer, with a production capacity of 240,000 tonnes-a-year, is hoping to boost sales through the STeP recognition of its modular analysis of chemicals, environmental performance, environmental management, occupational health and safety, social responsibility and quality management.…

HONG Kong listed companies have been given an additional 60 days to file annual reports because of the Coronavirus pandemic, with the HK Securities and Futures Commission (SFC) and the Hong Kong Stock Exchange (HKEX) saying additional delays maybe approved on a case-by-case basis.…