NBU deliberately refuses to sign amicable agreement with bank Financial Initiative – Interfax

2016-10-25T17:16+02:00 17:16 25.10.2016 The National Bank of Ukraine (NBU) deliberately refused to sign an amicable agreement with bank Financial Initiative (Kyiv) that later was announced insolvent, former 100% beneficiary of the bank Oleh Bakhmatiuk has said. “The removal of bank Financial Initiative from the market was a personal whim of Mrs. Gonatareva (NBU Governor Valeriya…

Bankruptcy & Insolvency law may be operational by year end: Shaktikanta Das – Economic Times

NEW DELHI: Economic Affairs Secretary Shaktikanta Das today expressed hope that the Bankruptcy and Insolvency law would become operational by the end of this year, leading to further ease of doing business. “We have a definite roadmap to implement the Bankruptcy law. The Ministry of Corporate Affairs is working on it. The law ministry, the…

Bankruptcy & Insolvency law may be operational by year end: Shaktikanta Das – Deccan Chronicle

New Delhi: Economic Affairs Secretary Shaktikanta Das today expressed hope that the Bankruptcy and Insolvency law would become operational by the end of this year, leading to further ease of doing business. “We have a definite roadmap to implement the Bankruptcy law. The Ministry of Corporate Affairs is working on it. The law ministry, the…

Establishment of corporate restructuring firms allowed – DAWN.com

KARACHI: The State Bank of Pakistan (SBP) issued a circular on Monday allowing the establishment of corporate restructuring companies with the power to acquire, manage, restructure and resolve non-performing loans. According to the circular, corporate restructuring company means a public limited company licensed by the Securities and Exchange Commission of Pakistan (SECP) to carry out…