Britain, home to the EU's biggest finance sector, has been pushing in recent years to deepen its financial services ties with China, which has agreed to these and other cross-border financial services schemes as part of the UK-China Economic and Fina
Sovereignty is seen in granting pardon to politicians, businessmen, and also bureaucrats for their involvement in actions that were subject to trial, but were not convicted.
One big reason is that Beijing seems to have had success in cracking down on the flood of money leaving the country, which had been prompting sizable drawdowns in the central bank's foreign currency reserves, to prop up the value of the yuan.
Mr Miller was banned following an ASIC investigation which found that during 2012 and 2014, he engaged in conduct that was likely to mislead. Specifically, he: