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Tenpay Fined 2 Billion 990 Million

BEIJING, CHINA - JULY 8, 2023 - A citizen checks a Tenpay logo in Beijing, China, July 8, 2023. On the evening of July 7, Tencent Holdings announced that Tenpay Payment Technology Co., Ltd. had received a notice from the People's Bank of China regarding its decision to impose a fine of approximately RMB 2.99 billion on Tenpay for past regulatory noncompliance in providing payment services in mainland China. On July 7, Tenpay Payment Technology Co., Ltd. also issued an announcement saying that it had received the administrative punishment decision made by the People's Bank of China on Tenpay, which we sincerely accept, resolutely obey and implement, and strictly implement the relevant decision.

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Tenpay Fined 2 Billion 990 Million

BEIJING, CHINA - JULY 8, 2023 - A citizen checks a notice issued by Tenpay on accepting and resolutely obeying the decision of administrative punishment in Beijing, China, July 8, 2023. On the evening of July 7, Tencent Holdings announced that Tenpay Payment Technology Co., Ltd. had received a notice from the People's Bank of China regarding its decision to impose a fine of approximately RMB 2.99 billion on Tenpay for past regulatory noncompliance in providing payment services in mainland China. On July 7, Tenpay Payment Technology Co., Ltd. also issued an announcement saying that it had received the administrative punishment decision made by the People's Bank of China on Tenpay, which we sincerely accept, resolutely obey and implement, and strictly implement the relevant decision.

E

Tenpay Fined 2 Billion 990 Million

BEIJING, CHINA - JULY 8, 2023 - A citizen checks a Tenpay logo in Beijing, China, July 8, 2023. On the evening of July 7, Tencent Holdings announced that Tenpay Payment Technology Co., Ltd. had received a notice from the People's Bank of China regarding its decision to impose a fine of approximately RMB 2.99 billion on Tenpay for past regulatory noncompliance in providing payment services in mainland China. On July 7, Tenpay Payment Technology Co., Ltd. also issued an announcement saying that it had received the administrative punishment decision made by the People's Bank of China on Tenpay, which we sincerely accept, resolutely obey and implement, and strictly implement the relevant decision.

E

Tenpay Fined 2 Billion 990 Million

BEIJING, CHINA - JULY 8, 2023 - A citizen checks a Tenpay logo in Beijing, China, July 8, 2023. On the evening of July 7, Tencent Holdings announced that Tenpay Payment Technology Co., Ltd. had received a notice from the People's Bank of China regarding its decision to impose a fine of approximately RMB 2.99 billion on Tenpay for past regulatory noncompliance in providing payment services in mainland China. On July 7, Tenpay Payment Technology Co., Ltd. also issued an announcement saying that it had received the administrative punishment decision made by the People's Bank of China on Tenpay, which we sincerely accept, resolutely obey and implement, and strictly implement the relevant decision.

E

Tenpay Fined 2 Billion 990 Million

BEIJING, CHINA - JULY 8, 2023 - A citizen checks a Tenpay logo in Beijing, China, July 8, 2023. On the evening of July 7, Tencent Holdings announced that Tenpay Payment Technology Co., Ltd. had received a notice from the People's Bank of China regarding its decision to impose a fine of approximately RMB 2.99 billion on Tenpay for past regulatory noncompliance in providing payment services in mainland China. On July 7, Tenpay Payment Technology Co., Ltd. also issued an announcement saying that it had received the administrative punishment decision made by the People's Bank of China on Tenpay, which we sincerely accept, resolutely obey and implement, and strictly implement the relevant decision.

E

Tenpay Fined 2 Billion 990 Million

BEIJING, CHINA - JULY 8, 2023 - A citizen checks a notice issued by Tenpay on accepting and resolutely obeying the decision of administrative punishment in Beijing, China, July 8, 2023. On the evening of July 7, Tencent Holdings announced that Tenpay Payment Technology Co., Ltd. had received a notice from the People's Bank of China regarding its decision to impose a fine of approximately RMB 2.99 billion on Tenpay for past regulatory noncompliance in providing payment services in mainland China. On July 7, Tenpay Payment Technology Co., Ltd. also issued an announcement saying that it had received the administrative punishment decision made by the People's Bank of China on Tenpay, which we sincerely accept, resolutely obey and implement, and strictly implement the relevant decision.

E

Ministry tells Skymark Airlines to improve work practices

TOKYO, Japan - A senior official from the Ministry of Land, Transport, Infrastructure and Tourism hands Skymark Airlines President Shinichi Nishikubo (C) documents instructing the company to improve work practices on April 6, 2010, at the transport ministry in Tokyo. The ministry found problems during a recent inspection including pilots' noncompliance with the rule that they must wear an oxygen mask in flight.

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Ishihara Sangyo head to resign over noncompliance

OSAKA, Japan - Ishihara Sangyo Kaisha Ltd. President Fujio Tamura (R) and his aides bow in a gesture of apology at a press conference in Osaka on Nov. 18. Tamura said he will resign by next September to take the blame for the major titanium oxide maker's noncompliance involving contaminated recycled products.

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IAEA head speaks on Iraq, N. Korea

TOKYO, Japan - Mohamed ElBaradei, director general of the International Atomic Energy Agency (IAEA), speaks at a press conference at Japan National Press Club in Tokyo on Dec. 9. ElBaradei described Iraq and North Korea as ''two serious cases of noncompliance on nonproliferation.''

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Senate Hearings - Washington

Nina E. Olson, Executive Director, Center for Taxpayer Rights, offers remarks during a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Senate Hearings - Washington

Nina E. Olson, Executive Director, Center for Taxpayer Rights, offers remarks during a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Senate Hearings - Washington

Charles O. Rossotti, Former Commissioner (1997-2002), Internal Revenue Service, offers remarks during a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Senate Hearings - Washington

Nina E. Olson, Executive Director, Center for Taxpayer Rights, offers remarks during a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Senate Hearings - Washington

Nina E. Olson, Executive Director, Center for Taxpayer Rights, offers remarks during a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

E

Senate Hearings - Washington

Charles O. Rossotti, Former Commissioner (1997-2002), Internal Revenue Service, offers remarks during a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

E

Senate Hearings - Washington

Nina E. Olson, Executive Director, Center for Taxpayer Rights, offers remarks during a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

E

Senate Hearings - Washington

J. Russell George, Treasury Inspector General For Tax Administration, United States Department of the Treasury, appears before a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

E

Senate Hearings - Washington

Nina E. Olson, Executive Director, Center for Taxpayer Rights, offers remarks during a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

E

Senate Hearings - Washington

Charles O. Rossotti, Former Commissioner (1997-2002), Internal Revenue Service, offers remarks during a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

E

Senate Hearings - Washington

J. Russell George, Treasury Inspector General For Tax Administration, United States Department of the Treasury, appears before a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

E

Senate Hearings - Washington

J. Russell George, Treasury Inspector General For Tax Administration, United States Department of the Treasury, appears before a Senate Committee on Finance - Subcommittee on Taxation and IRS Oversight hearing to examine closing the tax gap, focusing on lost revenue from noncompliance and the role of offshore tax evasion, in the Dirksen Senate Office Building in Washington, DC, USA, Tuesday, May 11, 2021. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

E

Ishihara Sangyo head to resign over noncompliance

OSAKA, Japan - Ishihara Sangyo Kaisha Ltd. President Fujio Tamura (R) and his aides bow in a gesture of apology at a press conference in Osaka on Nov. 18. Tamura said he will resign by next September to take the blame for the major titanium oxide maker's noncompliance involving contaminated recycled products. (Kyodo)

E

Ministry tells Skymark Airlines to improve work practices

TOKYO, Japan - A senior official from the Ministry of Land, Transport, Infrastructure and Tourism hands Skymark Airlines President Shinichi Nishikubo (C) documents instructing the company to improve work practices on April 6, 2010, at the transport ministry in Tokyo. The ministry found problems during a recent inspection including pilots' noncompliance with the rule that they must wear an oxygen mask in flight. (Kyodo)

E

IAEA head speaks on Iraq, N. Korea

TOKYO, Japan - Mohamed ElBaradei, director general of the International Atomic Energy Agency (IAEA), speaks at a press conference at Japan National Press Club in Tokyo on Dec. 9. ElBaradei described Iraq and North Korea as ''two serious cases of noncompliance on nonproliferation.'' (Kyodo)