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Berlin regulator bans Facebook


Berlin regulator bans Facebook
May 12, 2021
Berlin: A German regulator on Tuesday slapped a three-month ban on Facebook collecting user data from WhatsApp accounts and referred the case to an EU watchdog, citing concerns about election integrity. The Hamburg Commissioner for Data Protection and Freedom of Information sent the order to the social network, which owns the popular messaging service. Hamburg has jurisdiction because Facebook’s German branch is based in the city. ....

Hamburg Commissioner , Data Protection , ஹாம்பர்க் ஆணையர் , தகவல்கள் ப்ரொடெக்ஶந் ,

Derivatives trader CLSAP NZ admits anti-money laundering law breaches in case with FMA


Derivatives trader CLSAP NZ admits anti-money laundering law breaches in case with FMA
5 May, 2021 10:23 PM
6 minutes to read
CLSA Premium New Zealand has admitted to anti-money laundering breaches. Photo / File
NZ Herald
A Kiwi derivatives trading firm and subsidiary of a Hong Kong company has admitted breaching anti-money-laundering laws after action was taken by the regulator.
CLSA Premium New Zealand Limited (CLSAP NZ) was accused of nearly
$50 million in suspicious transactions in a civil case filed in the High Court at Auckland by the Financial Markets Authority (FMA) in June last year.
Today, the FMA said the Auckland-based company has admitted it breached the Anti Money Laundering and Countering Financing of Terrorism (AML/CFT) Act. The markets watchdog had alleged the company failed to comply with its legal obligations between April 2015 and November 2018. ....

New Zealand , Ping An , Hong Kong , New South Wales , Cayman Islands , Rongjun June Zhang , Xiao Hua Gong , Richard Clive Pearson , Qiang Fu , Songyuan Huang Benny Wong , Stefan Liu , Fuqin Che , Xiaolan Xiao , Robert Manwarring Noakes , High Court At Auckland , Financial Markets Authority , Qian Duoduo , Companies Office , Premium New Zealand Limited , Department Of Internal Affairs , Kunlun New Zealand , High Court , New Zealand Limited , Anti Money Laundering , Countering Financing , Songyuan Huang ,

Welcome To IANS Live - NATION - 4 nabbed in Bihar for black marketing of Oxygen cylinder regulators


Photo Credit: IANS
IANSLive
Patna, May 5 (IANS) In a major crackdown, Patna police managed to arrest 4 persons in connection with illegally selling regulators of oxygen cylinders on Wednesday.
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Update: 05-May-2021 ....

India Private , News Service , All Rights , இந்தியா ப்ரைவேட் , செய்தி சேவை , அனைத்தும் உரிமைகள் , சர்வதேச பரவல் ,

Average health claims double to Rs 1 lakh during pandemic, add to insurers' worries


Average health claims double to Rs 1 lakh during pandemic, add to insurers worries
Representative Image
It s not just number of COVID health claims but the average size of claims that s worrying health insurers. Claims are even higher for non-COVID cases, say insurers.
The average claim size for COVID claims is nearly one lakh versus a pre-COVID average of Rs 50,000-Rs 55,000, said Rajagopal Rudraraju, Senior Vice President & Product Head - Health & Health Claims, Tata AIG. “The increase in average claim size for COVID is unprecedented in the industry and needs to be addressed, else these could be passed on to the customer by way of increase in premiums”, he said. ....

Development Authority Of India , Delhi High Court , Insurance Regulatory , Development Authority , Insurance Regulatory And Development Authority Of India , Tata Aig , Covid 19 , வளர்ச்சி அதிகாரம் ஆஃப் இந்தியா , டெல்ஹி உயர் நீதிமன்றம் , காப்பீடு ஒழுங்குமுறை , வளர்ச்சி அதிகாரம் , காப்பீடு ஒழுங்குமுறை மற்றும் வளர்ச்சி அதிகாரம் ஆஃப் இந்தியா , டாடா ஐஜி , சர்வதேச பரவல் ,