State Bank of Pakistan released its "Enterprise Technology Governance & Risk Management Framework for Financial Institutions" at the end of May 2017 and expressed its desire that all FIs to…
China’s push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 trillion…
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…
The illicit movement of funds is a global challenge, threatening domestic and international financial systems. The United Nations Office on Drugs and Crimes (UNODC) has recently highlighted that the total…
Since the 18th National Congress of Communist Party of China (CPC), China has made impressive achievements in the financial sector and achieved new leapfrog growth in the banking and insurance…
From the start of 2020, coronavirus (COVID-19) confirmed cases are rapidly growing around the globe. This pandemic started in China and in the last seventy days the total number of…
"Money is the mother of all politics", Jesse. M. Unruh. A statement that has been debated but not disputed. This is visible in the classification of the world into the…
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…
‘The “Doing Business” controversy has shaken confidence in the World Bank and the IMF. But it must not obscure the real problems with the Bretton Woods institutions: the disproportionate power of…
‘But rich countries also have considerable power over the lives of billions of people through their control over institutions of global governance. One of these is the International Monetary Fund.…
