Regional Webinar Private Sector/ Cambodian govt approves draft laws / China Blacklists Six Executives

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Regional Webinar: Private Sector Inclusive Responses to COVID-19. Join UNDP for an interactive discussion on gender-responsive private sector policies and practices during COVID-19 and its impact on female workforce. 

 

Register in advance for this webinar: https://undp.zoom.us/webinar/register/WN_Dxpds1UuTEmXuyfIHJKnsw 

 

 

Cambodian govt approves draft laws against money laundering, WMD financing. “The Cambodian government on Sunday (May 17) approved two draft laws on anti-money laundering (AML) and counter-terrorist financing (CFT) and on combating the financing of weapons of mass destruction (WMD) proliferation, government spokesman Phay Siphan told Xinhua. The draft law on combating the financing of WMD proliferation aimed to control on providing funds and services, such as financing, related to the export and trans-shipment of items that would contribute to the proliferation of weapons of mass destruction, he added.” 

 

 

 

China Blacklists Six Executives Linked to $4.2 Billion Fraud. China’s securities regulator blacklisted six executives for their role in a $4.2 billion accounting scandal at Kangmei Pharmaceutical Co., one of the country’s biggest drugmakers. The ban includes Kangmei’s chairman at the time and five others, who won’t be allowed to participate in the securities market or take positions as executives or board members at any listed company for at least 10 years (…). The China Securities Regulatory Commission also ordered the company, a producer of traditional Chinese medicines, to pay a 600,000 yuan ($84,510) fine. 

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