Fully inclusive financial system
One of the mistakes multinational companies make is to look at countries as either 'developed' or 'developing', and then try to shoehorn a product or solution into that country that…
Universities and the financial tightrope
In an oped in these pages a few weeks earlier (‘Defunding of public higher education’, March 29), I wrote about the review conducted by the Special Investment Facilitation Council (SIFC)…
Need for ethical business conduct
Recently, the Pakistan’s economic environment has been tainted by the shadows of unethical practices, raising worries about the ethical conduct of some Pakistani businessmen. While it is important to recognize…
SDG 16 & financial crimes: challenges
Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable, and inclusive institutions at all levels— Sustainable Development Goal 16, United Nations…
KP CM approves plan to re-conduct MDCAT on Nov 26
Caretaker Chief Minister Mohammad Azam Khan has approved the plan of Khyber Medical University to re-conduct the Medical and Dental College Admission Test (MDCAT) on Nov 26, and has also…
China’s financial regulatory revamp raises hope
A new Chinese financial watchdog will help bridge regulatory gaps but analysts and investors say the agency will consolidate power at the top and could introduce more state and party…
Countering financial crimes
In recent days, Federal Board of Revenue (FBR) has taken many steps to enforce internal accountability mechanism to uproot corruption/malpractices within the organisation. The steps like making Chief Commissioners as…
Illicit financial flows in the region
A recent study (November 24, 2017) provides an assessment of routes, actors and sources of Illicit Financial Flows (IFFs) and corruption in and between Kyrgyzstan, Tajikistan, Afghanistan, Pakistan, India, Nepal,…
Call for independent financial reporting body
The Audit Oversight Board (AOB) established under the SECP Act, 1997 to regulate audit profession in the country and the Accounting Standards Board (ASB) recently formed under the control of…
Some thoughts on improving global financial governance
Globalization has recently come under attack for having given rise to excessive nationalism and protectionism. Excessive nationalism and protectionism carry the potential to hamper global economic recovery. For this reason,…
