Category Archives: Legal Entity

Thai BAAC to implement Wolters Kluwer’s OneSumX for IFRS 9

SINGAPORE–(COMMERCIAL THREAD) – The Thai Bank for Agriculture and Agricultural Cooperatives (BAAC) selected Wolters Kluwer Finance, Risks & Regulatory Reporting (FRR) provide software to help ensure compliance with International Financial Reporting Standard (IFRS) 9. The bank will use OneSumX IFRS 9, a OneSumX module for FRR, to manage its obligations around the accounting standard. BAAC […]

Senate ethics hearing delayed due to open meeting law issues

ALBANY, NY (WSKG) – A New York State Senate hearing scheduled to review the troubled state’s ethics commission was postponed Monday over fears it was in violation of the law on open meetings because too many Senators were attending Zoom instead of showing up in person. The hearing was to feature senators grilling the chairman […]

Data Export Compliance Under China’s Data Security Law

On June 10, 2021, the Data Security Law (DSL), which will come into force on September 1, 2021, was passed in China. The enactment of the DSL marks the introduction of China’s first basic law in the field of data security, which, along with the Cyber ​​Security Law and the forthcoming Personal Information Protection Law, […]

Rejuvenate cooperatives for economic recovery

Cooperatives hold promise for collectivization and formalization of the informal economy. The importance of cooperatives in supporting microenterprises and the resulting economic growth can hardly be overstated. The idea of ​​cooperation to survive and thrive is intuitive and ingrained within us. We grew up with sayings like how two people with cast hands can feed […]

Oba from Benin rejects proposed custody by Obaseki for looted artifacts

Monarch of Benin, Oba Ewuare ll By Jethro Ibileke / Benin The monarch of Benin, Oba Ewuare II, rejected the possibility of handing over the stolen Benin historical objects to any other organization, person or agency of any form. The monarch made the statement during a global press conference on Friday in the grounds of […]

Sole proprietorship vs self-employed worker

When you think of someone who runs their own business and works for themselves, you can think of them as a self-employed person or a sole proprietorship, or both. But do you know the difference between these two terms? Sole proprietorship and self-employment are often considered one and the same thing, but there are integral […]

The “racketeering” of the electricity sector discovered by the BM

ISLAMABAD: The World Bank has unearthed a “racketeering” of 23 Pakistani companies which have won all the contracts for projects undertaken by the distribution companies (Discos) and the National Transmission and Despatch Company (NTDC). This report was prepared by the Integrity Vice-Presidency (INT) of the World Bank Group (WBG), which provides the findings of an […]

The “racketeering” of the electricity sector discovered by the BM

ISLAMABAD: The World Bank has unearthed a “racketeering” of 23 Pakistani companies which have won all the contracts for projects undertaken by the distribution companies (Discos) and the National Transmission and Despatch Company (NTDC). This report was prepared by the Integrity Vice-Presidency (INT) of the World Bank Group (WBG), which provides the findings of an […]

Ontario Creates New Entity To Manage Single-Game Sports Betting

The Ontario government says it is creating a new entity to manage online gaming, including single-game betting, and it hopes the company will take bets by the end of the year. In a press release Tuesday, the Ford government said that iGaming Ontario will be a new subsidiary of the Alcohol and Gaming Commission of […]

How to start a wholesale stationery business in 2021?

The wholesale stationery business is indeed profitable. After all, stationery is a $ 90.6 billion industry. This is why many bulk stationery wholesalers are entering this industry. If you also want to start your wholesale stationery business, Then you have come to the right place. Here we will discuss the steps to start a successful […]