Regulatory

Nursing Home Closures Surge in Iowa, Linked to Workforce Shortage and Regulatory Violations

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SIOUX CITY, Iowa – Three nursing homes in Iowa are in the process of closing, including a Sioux City facility that has faced regulatory violations related to resident injuries and deaths. Countryside Health Care Center, one of Iowa’s larger nursing homes, announced on Thursday that it will be closing within the next 60 days due … Read more

Corruption in Banking: Former China Regulatory Vice Chairman Sentenced to Death for $80 Million Bribery Scandal

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Zhenjiang, Jiangsu – Cai Esheng, a former vice chairman of the China Banking Regulatory Commission (CBRC), has been sentenced to death with a two-year reprieve for accepting over 517 million yuan ($80 million in 2021) in bribes and abusing his power. The court in Zhenjiang city, Jiangsu province, announced the sentence on Friday. If Cai … Read more