Search Results for: financial regulation

Since 2014, Ukraine has taken decisive steps toward combating corruption. This has included the adoption of anti-corruption legislation and the establishment of anti-corruption bodies that operate in accordance with international standards. Furthermore, there has been a concerted effort to identify and address the root causes of corruption in Ukraine. Notably, the presence of an oligarchy [...]

Russia’s Ministry of Justice designated popular fiction writer Grigori Chkhartishvili (pen name Boris Akunin) a “foreign agent” for his criticism of Russia’s invasion of Ukraine. The ministry said Friday that Chkhartishvili “opposed the special military operation in Ukraine.” Chkhartishvili’s cited opposition was a Facebook post written the day Russia launched its invasion of Ukraine in [...]

Tang Shuangning, the former Chairperson of state-owned Chinese banking behemoth Everbright Group, was arrested on charges of embezzlement, accepting bribes and “privately reading publications with serious political problems,” China’s Supreme People’s Procuratorate said on Monday. Just days ago on January 7, Shuangning was expelled from the Chinese Community Party on charges of “serious violations of disciplines [...]

Investors for Paris Compliance (I4PC) launched a complaint against the Ontario Securities Commission and the Autorité des marchés financiers of Québec on Tuesday, asserting that Canada’s big five banks’ sustainable investing disclosures are misleading to shareholders.  The complaint called out BMO, Scotiabank, CIBC, TD and RBC for providing possibly misleading environmental, social and governance (ESG) [...]

Nigeria’s President Bola Tinubu suspended on Monday the country’s Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, with immediate effect over allegations of transferring funds related to the government’s social welfare program into a private bank account. The suspension order issued by the Special Advisor to the President on Media and Publicity, Ajuri Ngelale, [...]

Farzona Kayumova is a staff correspondent for JURIST in Uzbekistan and a law student at Tashkent State University of Law.  2023 was a year of great legal and political change in the history of the Republic of Uzbekistan. More change is coming in 2024. The following laws will enter into force in Uzbekistan from January [...]

The Enforcement Directorate of India (ED) stated Tuesday that it has filed a supplementary prosecution complaint incorporating allegations against Robert Vadra. Vadra is the spouse of Priyanka Gandhi, the General Secretary of the Indian National Congress, the largest opposition party in India. The ED press release stated that it has filed a Supplementary Prosecution Complaint [...]

The Canadian government has offered to provide a matched settlement to Michael Spavor and Michael Kovrig on Tuesday following their incarceration in Chinese prisons in 2018, according to government sources for Canadian newspaper The Globe and Mail. The two Canadians were charged with espionage and a breach of state secrets amidst a dispute between Canada [...]

The Pakistan Tehreek-e-Insaaf (PTI), the political party of detained ex-Prime Minister Imran Khan, asked the Supreme Court of Pakistan on Tuesday to find the Election Commission of Pakistan (ECP) and administration members in contempt for violating the court’s December 22 order directing the ECP to ensure fair grounds for the upcoming general election. The PTI [...]

The Supreme Court of Pakistan issued an order on Friday that requires the Election Commission of Pakistan (ECP) to resolve grievances relating to the absence of a fair and free process in the following election. The Pakistan general election will be held on February 8, 2024, to elect the members of the 16th National Assembly. [...]