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New Statement of Expectations for the Au...

The Morrison government today released a new statement of expectations for the Australian Securities and Investments Commission (ASIC), outlining government priorities and ASIC’s expectations. Statements of expectations are issued by ministers to regulatory bodies within their ministerial portfolios to provide greater clarity on relevant government policies and objectives. The publication of a new Statement of […]

Australian banking group fined AU $ 10.5...

The Federal Court of Australia has fined A $ 10.5 million (£ 5.51 million, $ 7.53 million, € 6.42 million) on Westpac banking group in connection with ” a regulatory procedure concerning its advice on financial products. The sanction concerns the proceedings initiated by the Australian Securities and Investments Commission (Asic) in 2016 against Westpac […]

Egyptian financial regulator removes lim...

Mohamed Omran, president of the Financial Regulatory Authority (FRA), issued a decision authorizing charitable investment funds to invest without a maximum limit. However, any charitable fund will set aside an amount equivalent to 2% of its total volume, with a maximum of EGP 5 million, to ensure the continuation of its activities. This step would […]

Good show from private banks, best from ...

Whether it’s net profits, commissions or bad debt, public sector banks outperformed their private sector counterparts in the June quarter. The subjectsPrivate banks | PSB | APM In March 2021, gross non-performing assets (GNPA) of the Indian banking system represented 7.5% of advances. After setting money aside for provisions, the net NPA (NNPA) was 2.4 […]

PE and VC funds find their place in star...

While investments in Indian start-ups by private equity and venture capital funds have reached an all-time high, the amount of transactions also increased significantly in the first eight months of 2021. As of August 19, there were 37 transactions in the $ 250 million to $ 1,000 million range and 14 transactions in the $ […]

Rising interest rate concerns weigh on b...

From the start of the current fiscal year until July, bank debt funds and PSUs recorded outflows of Rs 1,247.44 crore. The subjectsRising interest rates | Bank funds | PSU Chirag Madia | Bombay Last updated Aug 22, 2021 8:45 PM IST Concerns about rising interest rates in the coming months have had an impact […]

Iran urges Japan to release billions of ...

Iranian Foreign Minister Mohammad Javad Zarif and Japanese Foreign Minister Toshimitsu Motegi hit each other’s elbows during a meeting in Tehran, Iran on August 22, 2021. Majid Asgaripour / WANA (West Asia News Agency) via REUTERS DUBAI, Aug.22 (Reuters) – Iranian President Ebrahim Raisi has called on Japan to release Iranian funds frozen in the […]

The influx of more than 670 million BAM ...

The inflow of foreign direct investment in Bosnia and Herzegovina in 2020 was BAM 678.2 million, according to data from the Central Bank of Bosnia and Herzegovina (CBBH), which released the results of the statistical survey. on foreign direct investment for 2020. In terms of geographic distribution, the largest influx of investments in 2020 came […]

Is it worth considering Arbuthnot Bankin...

Readers wishing to buy Arbuthnot PLC banking group (LON: ARBB) for its dividend will have to act shortly, as the stock is about to trade ex-dividend. The ex-dividend date is generally set at one working day before the registration date which is the deadline by which you must be present in the books of the […]

Teriyaki Restaurant Debuts in Clarkston ...

A former Hawaiian and his wife bring the food and culture from his former home in Clarkston to Ho’okipa’s Teriyaki Hut, a food trailer they opened in the parking lot of 360 Gymnastics, 1489 Poplar St. One of the most popular dishes is a teriyaki chicken plate that sells for $ 8.50, said Albert Szakacs, […]