Finance Law

Finance and leasing companies (non-banking financial institutions –NBFIs) will henceforth be compelled to use external auditors hand-picked by the Central Bank (CB), official sources said.These companies will not be permitted to select their own external auditors. The move comes after the monetary regulator began cracking the whip over weak corporate governance in a majority of [...]

  When Indiana University Maurer School of Law professor Julia Lamber joined the school’s faculty in the early 1970s, she ran into a couple of problems organizing a panel about women pursuing “nontraditional” career paths. “We found the one woman doctor and the one woman lawyer in the area,” she said in an email. “We [...]

He has helped districts anticipate state budget changes since 1981. This year, he said, was “a pretty dark process.” Without having seen the budget trailer bills, what appeared to be in place as of Friday, Miyashiro listed: • Redevelopment funds likely will continue to go to school districts for facility needs. • Transitional Kindergarten for [...]

When a consumer’s credit score drops, it is hard to recover financially. Wall Street firms could face the same fate. Goldman Sachs [GS  Loading...      ()   ], Morgan Stanley [MS  Loading...      ()   ], JPMorgan Chase [JPM  Loading...      ()   ], Bank of America [BAC  Loading...      () [...]

A holding company structure, strong support from parent and rural presence make it a good candidate to qualify for a banking licence. Investors with a time frame of over three years can invest in the stock of LT Finance Holdings (LTFH). LTFH is a holding company, with subsidiaries that operate in retail finance, infrastructure finance [...]

Numbers Total Students Enrolled (2011): 21,246 Overall Ranking (2011) QS World Rankings: 63 in the world Times Higher Education: 103 in the world History Erasmus University was founded in 1913 as the Netherlands School of Commerce. In 1939, the institution’s growth necessitated a name change, and it became the Netherlands School of Economics, eventually adding [...]

School districts across the country have faced lawsuits in recent years for failing to do more to prevent student-on-student bullying and harassment. In the most recent local example, arguments are scheduled in federal court next month on such a suit filed against the Harrisburg School District by parents of a middle school student who was [...]

ROME, June 23 (UPI) — German Chancellor Angela Merkel rejected two key proposals in Europe designed to ease the financial struggles spreading through the eurozone. After a mini-European summit with French President Francois Hollande and Italian and Spanish prime ministers Mario Monti and Mariano Rajoy, Merkel rejected the concept of forming a eurobond meant to [...]

ITV Plc (ITV) may win back its investment- grade ranking as the U.K.’s biggest commercial broadcaster redeems debt and advertising revenue is boosted by the English soccer team’s success in the European Championship. Credit-default swaps tied to the London-based company’s debt trade at levels implying an investment-grade rating of Baa3, one step above its current [...]

UAE Ambassador to the Netherlands dead (WAM) / 23 June 2012 ABU DHABI – UAE Ambassador to the Netherlands Ali Thani Al Suwaidi has died. The prayer on the deceased’s body will be held on Monday afternoon at Al Sahaba Mosque. His body will be laid to rest at the Sharjah Cemetery. The late Al [...]