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RBI imposes Rs 20 lakh fine on Manappuram Finance NBFC norms violation

Business Standard - FInance

This penalty on the Thrissur-based gold loan company, which by AUM is the second largest such pure-play lender, is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the company with its customers, the central bank said on Friday.

Finance 98
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Greening the financial sector

European Investment Bank

The Vienna Initiative's working group on climate change and financial stability enhanced cross-border cooperation on climate risk assessment in Central, Eastern, and South-Eastern Europe.

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12 of the most exciting tech companies in Manchester

Growth Business

In 2021, its main product – which detects abnormal cells on the surface of the cervix – was being used across 10 hospitals across the UK and is now working towards oral cancer diagnostics. #4 The tests require just a blood or saliva sample, from which it assesses an individual’s genetic risk to Alzheimer’s, dementia or further decline.

Funds 105
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Grenke's audit statement

Bronte Capital

There is the risk that the recognised lease receivables do not exist and that the recognition of interest income from the leasing business is not consistent with actual performance and therefore is not presented correctly in the financial statements. To this end, we also involved the auditors of the consolidated subsidiaries.

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Comprehensive Guide to M&A Due Diligence in Today’s Turbulent Economic Environment

Devensoft

A recent report by EY states that M&A activity reached record levels in 2021, with a total deal value of $5.8 This assessment can help the acquirer make informed decisions during the M&A process and mitigate potential risks. trillion, up 72% from the previous year.

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Unpacking the 20 most impact financial regulations from the last 20 years

The TRADE

Emir (European Market Infrastructure Regulation): Rounding out the top five is the European Market Infrastructure Regulation (Emir), which was similarly formulated in response to the 2008 GFC, with the aim of enhancing transparency and reducing risks in the derivatives market across the European Union (EU).

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Owners: Keep your eye on your equity!

Focus Investment Banking

Many shop owners had been contemplating selling because valuations remain at healthy levels, albeit off the 2021-22 peak, fed by the post-pandemic rebound and private equity’s desire to put their capital to work. In some sectors, your biggest problem may be keeping up with demand.