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State trains judges about financial disclosure requirements weeks after dozens found not complying with law
Colorado’s Judicial Department last week offered two days of training to its more than 350 judges statewide on how to file personal financial disclosure reports, as well as asked the attorney general whether senior judges must also file the public documents just weeks after The Denver Gazette stories disclosed dozens had not.The training and stern…
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India’s Finance Minister Updates On Implementation Of G20’s Crypto Regulation Roadmap
Finance Minister Nirmala Sitharaman; Image: Sanjeev Verma/Hindustan Times via Getty Images During a press briefing after the virtual G20 leaders’ summit on November 22, India’s finance minister, Nirmala Sitharaman, provided an update on the implementation of the ‘G20 roadmap on Crypto Assets’. The finance minister emphasised that the G20 has formally adopted the crypto…
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Home First Finance needs to pad up capital as a big chunk of loans turn more ‘risky’
Manoj Viswanathan, MD and CEO at Home First Finance, on Friday (November 24) expressed concerns about the potential impact on the company’s capital adequacy due to regulatory uncertainties surrounding the risk weight assigned to the LAP (loan against property) portfolio.Viswanathan stated, “We are still waiting for clarification on whether housing finance companies (HFCs) as a…
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Zambia debt rework delaying impede key investments, hitting the ‘most vulnerable’
LONDON, Nov 24 (Reuters) – Long delays in Zambia’s debt restructuring have hamstrung much needed investments, curtailed economic growth, weighed on local financial markets and added to living costs for its people, Finance Minister Situmbeko Musokotwane told Reuters.Zambia defaulted three years ago and is trying to rework its debt under the G20 Common Framework, a…
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How family caregivers navigate extra costs of tending to loved ones
Research shows that devotion among caregivers leads to sacrifices in financial stability.One third of older adults in New York provide uncompensated care to a loved one, and 7% are spending 20 hours or more doing so.Caregivers in New York and Michigan have lost their jobs and missed out on children’s activities because of the demand…
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Jefferies’ Chris Wood removes Bajaj Finance from Asia-ex-Japan long-only portfolio
Stock market news: Chris Wood, the Global Head of Equity Strategy at Jefferies, has implemented changes in the India long-only portfolio, together with the ex-Japan long-only portfolio. In his India-long portfolio, Wood has increased the weightage by 1 per cent each for JSW Energy, AU Small Finance Bank, and L&T. On the other hand, the…
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Climate finance at COP28: How Europe can support a just transition
The Parliament’s latest special edition supplement on Climate finance at COP28 is now live. We are excited to share our special edition supplement “Description: Climate finance at COP28: How Europe can support a just transition”. As the urgency of addressing climate change escalates, the global community must confront the uncomfortable truth that the burden of…
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THORWallet: The Venture Leader Fintech revolutionizing decentralized finance with cross-chain services, yield farming, and Swiss crypto banking integration
24.11.2023 10:00, Rita Longobardi
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Rochester Lifespan program a life preserver for caregivers in financial stress
Lifespan’s Financial Management program was there for caregiver Scott Sprague when the declining health of his family member impacted that person’s ability to handle their finances.Over two years later, the program is still a support for Sprague and his family as they care for their loved one with dementia.“Quite frankly, the financial side of it,…
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How can policymakers support finance industry action on net-zero: Requiring neutralisation of residual emissions
While the primary and immediate focus must be on swift and deep emission reductions across sectors, the deployment of carbon removal methods will be unavoidable to counterbalance any hard-to-abate residual emissions by mid-century (IPCC, 2022). Once all possible emissions reductions are achieved, the financial industry must continue its engagement with real-economy actors towards the neutralisation…
