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  Continue Reading › The post Beechwood Bermuda Investor Seeks Up to $500K From Cetera and Broker Leo Li-Yuan Chien appeared first on Investor Lawyers Blog. [read post]
25 Mar 2022, 9:40 am by Tim De Chant
“We have been proposing to China for a long time to switch to settlements in national currencies for rubles and yuan. [read post]
22 Mar 2022, 1:58 pm by Peter J. Eyre and M.Yuan Zhou
This week’s episode covers the final rule implementing further revisions to the Buy American Act, a proposed rule that would amend the FAR to account for recent changes in the Small Business Administration’s regulations, the NIST Secure Software Development Framework, and the first False Claims Act settlement under the DOJ’s Civil Cyber-Fraud Initiative, and is hosted by Peter Eyre and Yuan Zhou. [read post]
22 Mar 2022, 7:36 am by Jonathan Bench
The government also does not like financial transactions occurring without government oversight, so it banned cryptocurrencies and involvement in the industry while simultaneously developing and rolling out its own digital yuan ecosystem, which is not the same thing (really not even close) as true cryptocurrencies. [read post]
18 Mar 2022, 7:44 am by Raquel Leslie, Brian Liu
  Some commentators have warned that China’s digital yuan may gradually supplant the dollar as the dominant currency in international trade settlements, as the United Sta [read post]
13 Mar 2022, 9:02 pm by Kevin Werbach
Ever since China announced the digital currency research project it started in 2017, which culminated in the country’s e-CNY “digital yuan,” concern has grown that the dollar’s global dominance is under threat. [read post]
9 Mar 2022, 3:58 am by Dan Harris
The mere fact the company was run by Europeans was enough for many of its Chinese investors: He invested 800,000 yuan ($120,000), he said. [read post]
4 Mar 2022, 8:52 am
While the PRC experiments with its sovereign digital Yuan, it deems cryptocurrency speculation a serious risk to the country's economic and financial order, not least because it may facilitate financial crimes. [read post]
4 Mar 2022, 5:01 am by Raquel Leslie, Brian Liu
The Department of Justice announced on Feb. 23 that it will effectively terminate the controversial China Initiative, a program that sought to protect U.S. laboratories and businesses from economic espionage and intellectual property theft. [read post]
3 Mar 2022, 7:32 am
Hong Kong, then, becomes the center of a calculus of global finance (and dollar versus yuan internationalization); of the meaning and making of sovereignty in China even as it is remade elsewhere on quite different foundations; on trade and trade systems; and on the construction from out of a thousand places like Hong Kong of new imperial orders.But the analysis is equally useful in the context of other great conflicts in which the field of discursive battle is every bit as important as… [read post]
21 Feb 2022, 5:34 am by Kevin LaCroix
Among other things, Yuan allegedly said that “we recognize that we have fallen short of the community’s – and our own – privacy and security expectations. [read post]
7 Feb 2022, 8:01 am by Raquel Leslie, Brian Liu
For the time being, the digital yuan can be used only in designated pilot cities. [read post]
7 Feb 2022, 3:58 am by Dan Harris
By the end of fiscal year 2020, according to official data, China’s local government debt had ballooned to 25.7 trillion yuan ($3.97 trillion), but that is only the amount reported on their balance sheets. [read post]
25 Jan 2022, 11:13 am by Peter J. Eyre and M.Yuan Zhou
This week’s episode covers a new Treasury rule governing the Coronavirus State and Local Fiscal Recovery Funds under the American Rescue Plan, a bid protest decision involving a corporate transaction, a protest decision relating to standing and OCIs, and an ASBCA decision involving incurred costs, and is hosted by Peter Eyre and Yuan Zhou. [read post]
21 Jan 2022, 7:28 am by Brian Liu, Raquel Leslie
  Companies can be fined anywhere from 10,000 yuan to 100,000 yuan (between about $1,570 and $15,740) for violations of the rules. [read post]
7 Jan 2022, 6:55 am
He should not be sentenced for a crime that's not his doing," said Lin Hsin-yi, executive director of TAEDP.Wang fled to mainland China after learning he was wanted and was only arrested in 2006 upon returning to Taiwan for treatment of an eye ailment.He was convicted and the supreme court upheld his death sentence in a final ruling in 2011.Last chanceIn November activists appealed to the Control Yuan, Taiwan's top government watchdog, after the office of the top prosecutor… [read post]
3 Jan 2022, 12:39 pm by Kevin LaCroix
The directors’ and officers’ liability environment is always changing, but 2021 was a particularly eventful year, with important consequences for the D&O insurance marketplace. [read post]
1 Jan 2022, 8:43 am by Chris Castle
We don’t know what that is but it might be worth finding out before you take the king’s yuan. [read post]
23 Dec 2021, 5:01 am by Brian Liu, Raquel Leslie
In 2012, China’s Academy of Sciences launched a Strategic Pioneering Programme dedicated to nanotechnology research, investing one billion yuan ($152 million) over five years. [read post]