Rick Claypool on Pay to Play Corporate Crime Enforcement 
Labaton Launches Whistleblower Practice with Former SEC Acting Chair Allison Herren Lee 
Kremlin payment firm A7 has been pumping billions in ‘untraceable’ cash into global financial system 
Hong Kong taxi trade leaders and Uber have both expressed concerns over a looming quota for ride-hailing vehicles, despite transport authorities vowing to consult stakeholders before setting the final figure.
They were responding to the Transport and Logistics Bureau’s submission to lawmakers of regulatory details for the industry on Monday.
It pledged to include the quota in the final gazetted document, pending lawmakers’ approval before their summer recess in mid-July.
Advertisement
Platforms Uber, Tada, Amap, Didi Chuxing have been operating in a regulatory vacuum, a situation cabbies decry as unfair.
Amap is operated by Alibaba Group Holding, which also owns the South China Morning Post.
Advertisement
Three major taxi groups told the South China Morning Post that the quota would have far-reaching effects on the market.
Don't Miss:
-
A Total of 13 Mass Graves Have Been Found in Viesca Containing the Charred Remains of Men and Women
-
Jorge Luis Zambrano, alias “Rasquiña”
-
El Taliban Fell In Mazatlán… And What He Confessed Ties Everything Together
-
Inside the Camp at the Heart of Honduras’ Garífuna Land Struggle
-
This Is How the MataZetas Captured and Executed the Zetas