Markets

China is cracking down on P2P lenders, again

Chinese policymakers are cracking down on the nation’s peer-to-peer (P2P) lending sector, accusing some firms on Wednesday of running Ponzi schemes and engaging in illegal fundraising activities. China’s Banking Regulatory Commission (CBRC) said that P2P lenders would be barred from taking public deposits or selling wealth-management products to finance lending […]
China is cracking down on P2P lenders, again
Strategy

The state of pot in Australia: regulating medicinal cannabis

The Commonwealth government announced plans on the weekend to legalise growing cannabis for medicinal and research purposes in Australia. The news follows the Victorian government’s announcement earlier this month that it will legalise access to medicinal cannabis products for patients with severe symptoms from 2017. Meanwhile, the New South Wales […]
The state of pot in Australia: regulating medicinal cannabis