Tibor & Sibor reforms set to follow UK

Although banks that participate in the setting of Sibor and Tibor are being scrutinized, sources do not expect a regulatory crackdown in either jurisdiction.


Nomura Faces Penalties for Role in Insider Trading Scandal

The Securities and Exchange Surveillance Commission, which is the investigative arm of Japan’s Financial Services Agency, recommended that the regulator take unspecified disciplinary action against the country’s biggest brokerage, the SESC sai


Chinese Efforts To Reshape Tax System Lauded

The IMF urged Beijing to continue these efforts, and frame them with clear medium-term fiscal plans, to provide evidence that the reform agenda is fiscally sustainable.


Israeli and china ink economic ties

Accountant General Ms. Michal Abadi-Boiangiu said that "the financial protocols with China enable the financing of export deals that would not have been carried out had it not been for the agreements.