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OTTAWA, Ontario – (BUSINESS WIRE) – Today, the Canadian Network on Corporate Responsibility (RCEN) released a model bill that provides legislators with a model for enshrining in Canadian law the obligation of corporations to respect human rights and the environment. The model bill, if passed, would require Canadian businesses to prevent human rights and environmental …

By Dorothy Nakaweesi A mobile money or electronic money account that does not register a single transaction within nine months is considered inactive, according to the National Payment Systems Act. The law, which was passed last year and is currently being implemented by the Central Bank. It indicates that an issuer of electronic money, including …

India Oi-Oneindia staff | Posted: Monday May 31, 2021 08:08 PM [IST] New Delhi, May 31: The higher your credit score, the more access you will have to credit and the less interest you will pay. If you have bad credit, it will be more difficult for you to get affordable credit. Taking out a …

NEW DELHI: Operational creditors like sellers have so far triggered most bankruptcy cases where default is less than Rs1 crore, while financial institutions have taken companies to court only for defaults more important. ₹10 crore, according to official data. The Insolvency and Bankruptcy Board of India (IBB), in its latest quarterly bulletin, said that around …

New Zealand Prime Minister Jacinda Ardern and Australian Prime Minister Scott Morrison hold a joint press conference at Admiralty House in Sydney, Australia on February 28, 2020. REUTERS / Loren Elliott Australia and New Zealand on Monday expressed serious concerns over developments in Hong Kong and the human rights situation in China’s Xinjiang province, as …

MUMBAI: Banks will offer standard unsecured loans of up to Rs 5 lakh to individuals for Covid treatment, and commercial loans of up to Rs 100 crore for setting up health facilities. The launch of the new programs was announced on Sunday by SBI Chairman Dinesh Khara and Association of Indian Banks Chairman Rajkiran Rai. …

In a recent case, a bankruptcy court had to consider whether to allow a debtor in a Chapter 13 plan to make voluntary contributions to her pension plan. This is an interesting and important question, especially for retirement planning and retirement preparation. Indeed, saving in an employer-sponsored retirement plan with the attendant benefits – such …

The volatile nature of pioneers in the crypto market like bitcoin (BTC) could lead to their replacement on corporate balance sheets. With price fluctuations resulting in low returns for corporate treasurers, they are looking for an alternative. An alternative in the form of the USD Coin (USDC) stablecoin. According to Bloomberg, Circle Internet Financial Ltd., …

Lawmakers criticized banks last week for the money they made from overdraft fees. It turns out, however, that overdraft income fell in 2020 for the first time in six years. The reasons? With nowhere to go when Covid-19 hit, many people cut spending. The stimulus money helped them fill their bank accounts. And banks have …

(Nairobi) – The victims of the former dictator of Chad, Hissène Habré, did not receive a cent of the reparations ordered by the Extraordinary African Chambers supported by the African Union in Senegal in 2016, five organizations said today , including Human Rights Watch. Here is their statement: Chad, the African Union and the international …