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China taking aim at trust companies

As a flood of unregulated cash swirls through the Chinese economy, Beijing has been taking aim at the trust companies whose unrestrained lending practices are worrying regulators. The trusts, at…

Digital insurance

Many countries are moving towards digital insurance. Changes in the modes of living due to the Covid-19 pandemic have led to an increase in customers contacting their insurers to understand…

Companies Ordinance, 2016Executive Summary

Companies Ordinance, 2016Executive Summary

A number of new definitions added and some existing definitions are amended to bring clarity. Several of these terms are already in use in code of corporate governance and general…

Comments On Companies Ordinance, 2016

Comments on Companies Ordinance, 2016

The companies' law is the primary and mother law for the businesses to be run under the corporate sector. Other laws, including banking laws etc rely on this primary law…

How Does The Law View An Insurance Fraud?

How does the law view an insurance fraud?

Generally offences related to fraud are either defined in the penal codes or in certain countries like Finland, Norway, Luxembourg and Czech Republic where there are specific laws to deal…