After fining Deloitte £25m, China vows to discipline the Big Four March 27, 2023 China has vowed to toughen its stance towards the Big Four accounting firms after hitting Deloitte with a £25m fine for auditing failures. After meeting with Deloitte’s global chair Sharon Thorne, China’s Ministry of Finance (MoF) outlined plans yesterday to “strengthen” its supervision of the country’s audit sector by “strictly” enforcing “financial discipline.” China’s vice [...]
City Hall bans TikTok app despite Sadiq Khan’s 47,000 followers March 26, 2023 TikTok has been banned on London City Hall devices amid ongoing security concerns. Staff will no longer be allowed to have the video sharing app on their official devices as part of the latest ban to hit the Chinese-owned firm over data privacy fears. Greater London Authority (GLA) officials said the rule was implemented as [...]
TikTok blocked on London City Hall devices in latest ban on Chinese-owned app March 25, 2023 London City Hall staff will no longer have TikTok on their devices in the latest ban amid security concerns over the social media app.
Putin the boot in: Vladimir takes swipe at Britain over Russian sport ban lobbying March 23, 2023 Vladimir Putin has accused Russia’s critics including the UK of “using sports for unseemly purposes”. Putin said calls, led by Britain, for Russian athletes to remain banned from international sport were politically motivated. “Western countries are trying to use sports for unseemly purposes as a tool of pressure,” the Russian president told news agency TASS. [...]
TikTok: Chinese owned firm updates rulebook to include ‘human rights’ commitment as western security fears build March 21, 2023 TikTok has rolled out updated rules and standards for content and users as it faces increasing pressure from western authorities over concerns that material on the Chinese-owned video-sharing app could be used to push false information. The company released a reorganised set of community guidelines that include eight principles to guide content moderation decisions. “These [...]
Pinduoduo: Google pulls China shopping platform from app store after malware discovery March 21, 2023 Google has suspended the Chinese shopping platform Pinduoduo on its app store after malware was discovered in versions of the app from other sources. Google said it suspended the Pinduoduo app on the Google Play store out of “security concerns” and that it was investigating. The suspension of the app – mainly used in China [...]
‘No limits friendship’: Why is China premier Xi in Moscow – and can he help end Russia’s war in Ukraine? March 20, 2023 Chinese leader Xi Jinping has arrived in Moscow on a three-day visit that shows off Beijing’s new diplomatic swagger and offers a welcome political lift for Russian President Vladimir Putin as the fighting in Ukraine slows to a grinding war of attrition. China and Russia have described Mr Xi’s trip as part of efforts to [...]
Now the BBC has told staff to delete TikTok from any corporate devices March 20, 2023 The BBC has urged staff to delete TikTok from any corporate devices unless they are using it for editorial and marketing reasons. Guidance sent to staff at the broadcaster on Sunday, as first reported by Deadline, said: “We don’t recommend installing TikTok on a BBC corporate device unless there is a justified business reason. If [...]
Deloitte fined £25m by China over audit of state-owned asset manager March 18, 2023 China has fined auditing firm Deloitte 211.9m yuan (£25.3m) for failing to perform its duty in assessing the asset quality of China Huarong Asset Management Co Ltd, the finance ministry said on its website on Friday. Deloitte’s Beijing operations also will be suspended for three months, the ministry said in a statement. China Huarong and its [...]
Russia’s war in Ukraine: China premier Xi in show of support for Putin with leaders to meet in Moscow March 17, 2023 China says President Xi Jinping will visit Russia from Monday to Wednesday in an apparent show of support for Vladimir Putin. No other details were given but China has declared a “no-limits” friendship with Russia and refused to condemn Moscow’s invasion of Ukraine — while declaring the sovereignty and territorial integrity of all countries be [...]