A recent fine imposed by the UK’s Office of Financial Sanctions Implementation (OFSI) demonstrates the regulator’s power and willingness to issue a monetary penalty on a ‘strict liability’ basis, an expert has said.
India gains ‘advantage’ over China as Sri Lanka’s new leader seeks to balance ties
New leader Dissanayake is a ‘practical nationalist’ who is likely to factor India’s security concerns into his foreign policy, analysts say.
Driver who fled Thailand school bus blaze that killed 23 arrested
The driver told investigators he ran away because he panicked. Victims of the fire were still being identified on Wednesday.
New English court rules will encourage settlement of litigation
New court rules in place from 1 October could lead to judges in England and Wales more frequently ordering parties to disputes to try to resolve them out of court.
At 81, she almost became South Korea’s Miss Universe
Choi Soon-hwa missed out on the crown at the beauty pageant in Seoul on Monday – but did take home the ‘best dresser award’.
New evidence links Alice Guo to Chinese espionage in the Philippines, raising alarms
With Guo accused of soliciting funds from a gaming kingpin and confessed Chinese ‘asset’, concerns grow over foreign infiltration via Pogos.
Uncertainty over Dutch privacy class action risk ‘to persist for years’
Businesses are likely to have to wait years to find out the extent to which they are at risk of data protection or privacy-related mass actions in the Netherlands, an expert has said.
US$3.6 billion payout to HSBC, liquidators ends OK Lim’s civil cases in Singapore
Lim’s legal troubles aren’t over. He is due to be sentenced at a later date in a separate criminal trial for cheating and forgery offences.
Wasp menace claims life of university student in Malaysia
Despite previous complaints, the wasps have continued to threaten residents’ safety, leading to further hospitalisations.
Singapore jails Chinese national who overstayed for almost 19 years
Chen Yueying, a repeat offender with an ‘extremely long’ period of overstay, was jailed for six months and fined US$3,125.