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Business 27 Dec 2014 | 7:09 AM

Standard Chartered hires ex-U.S. prosecutors amid sanctions probe

ST. LOUIS: Standard Chartered Plc has hired two former prosecutors to police its transactions for criminal activity, a spokesman said on Friday, as the British bank wrestles with a series of legal and compliance problems.

TECH 07 Jul 2014 | 12:56 PM

Most NSA data from regular Internet users: report

Nine out of 10 people identified in a large cache of online conversations intercepted by the National Security Agency were ordinary Internet users and not foreign surveillance targets, a news report says.

TECH 03 Jul 2014 | 9:30 AM

NSA foreign data sweep legal, valuable: panel

The National Security Agency's vast data collection programme targeting foreign nationals is a largely legal, valuable tool in fighting terrorism, a watchdog panel said Tuesday.

Business 03 Jun 2014 | 12:00 AM

12 months restriction, penalty for Wong Weng

PETALING JAYA: The Securities Commission’s (SC) Audit Oversight Board (AOB) has prohibited Wong Weng Foo & Co from accepting clients for 12 months, as the firm had failed to comply with Section 31N (1) of the Securities Commission Act 1993, which requires audit firms to be registered with the AOB when acting as auditors of public interest entities (PIE).

Business 13 May 2014 | 12:00 AM

Board reminds audit firms of their duties

PETALING JAYA: Audit firms have been reminded to perform the necessary procedures to check whether the overall presentation of financial statements is in accordance with the applicable financial reporting framework.

Business News 29 Mar 2014 | 12:00 AM

Auditing the auditors

Is the MIA’s latest report a clear snapshot of audit quality in Malaysia?

Business 19 Feb 2014 | 12:00 AM

SC's Audit Oversight Board reprimands two auditors

PETALING JAYA: The Securities Commission’s (SC) Audit Oversight Board (AOB) has rapped two registered auditors, Lim Kok Beng of Ong Boon Bah & Co and Chan Kee Hwa of Khoo Wong & Chan, for non-compliance.

Business 18 Feb 2014 | 6:41 PM

Audit Oversight Board raps, fines two auditors for non-compliance

KUALA LUMPUR: The Securities Commission’s Audit Oversight Board has rapped two registered auditors Lim Kok Beng of Ong Boon Bah & Co and Chan Kee Hwa of Khoo Wong & Chan for non-compliance.

World 23 Jan 2014 | 8:45 PM

U.S. privacy board says NSA phone program illegal, should end - reports

WASHINGTON (Reuters) - The U.S. National Security Agency's bulk collection of phone records provides only minimal benefits to countering terrorism, is illegal and should end, a federal privacy watchdog said in a report to be released on Thursday, according to media reports.

World 08 Jan 2014 | 9:06 AM

Obama to consult intelligence leaders, Congress on NSA

WASHINGTON (Reuters) - President Barack Obama will consult intelligence officials and congressional leaders as he nears the final stages of a review over how much to rein in U.S. surveillance practices in the wake of the Edward Snowden revelations, officials said on Tuesday.