The Securities and Exchange Commission and the Department of Justice began investigating the recruitment programs of major investment banks three years ago, to see whether they violated the Foreign Corrupt Practices Act by hiring the friends and relatives
Yousaf Islam Associates, the firm handling financial issues of Chairman Pakistan Tehreek-e-Insaf Imran Khan, on Sunday said the chairman PTI had clear record for paying taxes regularly, ARY News reported.
It owes more than half its 25,000 investors a total of 5.2 billion yuan (S$1 billion) said the broadcaster, which is based in the commercial hub.
As Sebi readies to tighten its rules for controversy-ridden P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the regulator and filing of suspic
Acknowledging that financial technology is challenging the status quo in the financial industry, Malaysia’s central bank Bank Negara Malaysia recently announced the commencement of a review on the regulatory framework for the adoption of Fintech, in
Typically, classified asset management products are very risky products, particularly when the market is volatile.
With a view to reduce compliance burden, the Wealth-tax Act was made inapplicable from A.Y.2016-17 with the stipulation that the information regarding assets forming part of the wealth-tax return will be captured in the Income-tax returns.
Against a backdrop of low inflation and lacklustre economic growth, the MAS eased monetary policy in April by removing the "modest and gradual" appreciation path of the Singapore dollar, in its third policy easing since January 2015.
The 60-year-old Mallya, a Formula 1 boss known as the "King of Good Times" for his party lifestyle, is the subject of a non-bailable warrant issued by a special judge in Mumbai.