MANILA : Philippine gaming authorities said on Wednesday they will probe an incident where representatives of a Japanese casino billionaire entered a Manila casino to take physical control of the premises from its operator.
But Tiger Resorts has appealed against the Supreme Court ruling and, had refused to vacate the premises pending a decision on its appeal. Estrella Elamparo, legal counsel for Tiger Resorts, said the May 31 takeover was"illegal and violent", saying Okada's team had taken"by force the physical premises".
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German regulator issues fresh warning to banks of cyber attacksFRANKFURT : The German financial regulator BaFin on Tuesday issued a fresh warning to the nation's financial sector of the increased danger of cyber attacks.'In recent days, there have been repeated attacks on IT infrastructure,' BaFin said.
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Global regulators push ahead with crypto bank capital rulesLONDON : Global regulators said on Tuesday they will complete work by year end on how much capital banks should hold to cover cryptoassets on their books.Last June the committee proposed that banks set aside enough capital to cover losses on any bitcoin holdings in full.Certain tokenised traditiona
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Philippines complains of Chinese fishing ban and 'harassment' at seaMANILA — The Philippines on Tuesday (May 31) said it had filed a diplomatic protest with China for unilaterally declaring a South China Sea fishing ban, and complained also of harassment and violations of its jurisdiction by Beijing's coast guard. The foreign ministry in a statement accused the Chinese vessels of disrupting a joint marine scientific research mission as well...
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