"Irregularities", Epstein Case... The World Economic Forum Entangled in a Governance Crisis
Borge Brende, president of the World Economic Forum, resigns amid revelations linking him to Jeffrey Epstein, compounding issues following the departure of the forum's founder, Klaus Schwab, due to financial irregularities.
Finances and loyalists: the Pope's risk
The article discusses the upcoming changes in the Vatican's financial governance as Pope Leo XIV approaches the end of his first year in office.
Lee Chan-jin, Chairman of Financial Supervisory Service: "Minutes of Financial Company Board Meetings Must Be Disclosed at Transcription Level"
Lee Chan-jin emphasizes the need for financial companies to transparently disclose detailed minutes of board meetings to ensure accountability and shareholder trust.
Effective Utilization of Cash Reserves for Investment: Draft Revision of Corporate Governance Guidelines to Curb Shareholder Bias
The Financial Services Agency of Japan has proposed a revision to the Corporate Governance Code that advocates for more effective use of cash reserves for investments rather than prioritizing shareholder returns.
Sale, incorporation into assets, loan guarantee: know what BRB can do with the properties offered by Ibaneis
The government of the Federal District has proposed a law to transfer nine public properties to the Bank of Brasília to improve its financial situation after failed transactions.
The General Inspection of Justice requested the appointment of official observers in the AFA to review the accounts
The General Inspection of Justice in Argentina has requested the appointment of official observers to the Argentine Football Association to verify financial records amid concerns of undisclosed funds.
Where Manchester City would have finished in best-ever season if hit with massive points deduction
Manchester City could have avoided relegation even if hit with a significant points deduction during their most successful Premier League season, pending the outcome of their ongoing financial breach case.
FT: How Deutsche Bank Rolled Out the Red Carpet for Epstein
A report reveals Deutsche Bank's contentious relationship with Jeffrey Epstein, providing high-level services for nearly six years despite internal concerns.
Listing shares of state-owned companies on the stock exchange would allow residents to invest in Latvia, says Kazāks
Latvian Bank President Mārtiņš Kazāks believes that listing shares of state-owned enterprises would enable local residents to invest in Latvia and improve governance.
‘Dividend Special Case’ Companies Must Announce Plans to Enhance Corporate Value After Dividend Resolutions
Companies benefiting from special tax treatment for dividend income must publicly announce their plans to enhance corporate value within a specific timeframe following their annual shareholder meetings.
Ukraine: Europe on the front line
The EU has become Ukraine's primary supporter amid ongoing challenges stemming from Russia's invasion, pledging significant financial aid while grappling with humanitarian issues and governance reforms.
Raimonds Rudzāts: The Olympic Movement Serves Officials, Not Athletes
The article critiques the Olympic movement's prioritization of officials over athletes, highlighting the scant financial support athletes receive compared to the massive revenues generated by the International Olympic Committee.
Lagarde: Strong criticism for the 140,000 euros she receives from the BIS
Christine Lagarde faces backlash for her annual salary of 140,000 euros from the Bank for International Settlements (BIS), contradicting ECB rules against simultaneous payments from multiple sources.
Political Fiction: The Frontman Appears to Collect
The article discusses the emergence of a frontman in a political context, likely relating to financial dealings or culpability.
Federal Character Commission Seeks Improved Funding
The Federal Character Commission in Nigeria is advocating for increased financial support to effectively enforce compliance across Ministries, Departments, and Agencies (MDAs).
Judicial attorney of Granasa assures that the company's management is in the 'same hands'
Eduardo Carmigniani, the judicial attorney for Gráficos Nacionales (Granasa S.A.), confirmed that the company's management remains unchanged despite recent interventions aimed at correcting irregularities.
The AFA questioned the Justice's decision to call Claudio "Chiqui" Tapia for questioning
The Argentine Football Association (AFA) criticized a judge's decision to summon its president Claudio "Chiqui" Tapia and other officials over alleged financial misconduct.
South Africa: Manamela Appoints Administrator to Stabilise College of Cape Town
The South African government has appointed an administrator to lead the College of Cape Town amid serious governance and financial issues.
No Grants for Tokyo Women's Medical University for Two Consecutive Years; Nihon University Reduces Funding
The Japanese government has decided to not grant any financial support to Tokyo Women's Medical University for the second consecutive year, while Nihon University has seen a reduced grant after improving its governance issues.
2030 Winter Games: Will France rise to the challenge?
France is preparing to host the 2030 Winter Olympics amidst financial and governance challenges, aiming for sustainability.
Sokoto rewards 259 Qur’an memorisers with motorcycles, N178m
The Sokoto State Government rewards 259 Qur'an memorisers with motorcycles and financial support at a graduation ceremony.
Russian Regional Budgets are Collapsing. Moscow is Building the Metro, but in Baikal, Firefighters are Out, in Tuva Fathers are Decreasing, and Russians are Freezing
The article discusses the dire financial situation in Russian regions such as Bodajbo, where a lack of resources has left many residents unable to stay warm during harsh winter conditions despite the economic activities in resource extraction.
PHOTOS ⟩ The court dismissed the criminal case against Martin Repinski
The Harju County Court has terminated the criminal proceedings against former MP Martin Repinski, who was accused of causing financial damage to the municipality of Jõhvi.
Cameroon: Tug of War Over Scanning Operators at the Port of Douala
In Cameroon, there is a conflict over which operators will be responsible for scanning containers at the Douala port, highlighting governance issues and financial interests.
Climate Transparency: Reporting Well Is Indeed a Business
The article discusses the growing importance of climate transparency in Mexico, where companies are now required to report climate risks similarly to their financial state due to new sustainability reporting regulations.
Former Sharp Executive Arrested on Charges of Breach of Trust for Unnecessary iPad Orders and Sale
Koichi Tanaka, a former executive at Sharp Corporation, was arrested by Osaka Prefectural Police for allegedly ordering unnecessary iPads, resulting in substantial financial losses for the company.
Zlata Elksniņa-Zaščirinska has replaced Ramona Miglāne on the board of Indexo Bank
Zlata Elksniņa-Zaščirinska has taken over from Ramona Miglāne on the board of Indexo Bank, as recorded in the Company Register.
The Vox leadership approved its accounts of 14 million in an hour with emojis, WhatsApp, and without debate: 'Ok', 'Let’s go!'
The leadership of Spain's far-right party Vox quickly approved their financial accounts using informal communication methods, highlighting concerns over internal party governance and secrecy.
Removing criteria on race and gender from the board: Goldman Sachs' anti-woke shift
Goldman Sachs is reportedly set to eliminate references to race, gender identity, ethnicity, and sexual orientation from its board selection criteria, marking a significant shift away from identity politics in the American financial world.
Jönköping Municipality Reports Financial Crimes in Preschools
Jönköping Municipality in Sweden is currently investigating financial crimes in its preschool sector, leading to administrative suspensions and concerns over public trust.
Former shareholder intensifies fight for money from the forked company Refork
A former shareholder is escalating a legal dispute involving financial claims against the forked company Refork.
A Small School Instead of an Empty Building. The Sejm Seeks Compromise for Demographic Times
The Polish Sejm has proposed a new law aimed at revitalizing small schools in response to declining student numbers and financial challenges faced by local governments.
Families bid to take over their children’s care home that amassed huge tax debts
Families are attempting to take control of a charity-run care home for disabled children that is facing closure due to significant tax debts and management issues.
PM Modi criticizes Congress in Assam
PM Modi sharply criticized Congress during his visit to Assam, highlighting financial difficulties faced by the state under Congress governance.
Ligue1+ is fighting for its survival, a lifeline for French football
The Ligue1+ platform is crucial for the financial stability of French football, but the loss of broadcasting rights for the 2026 World Cup poses a significant threat to its survival.
Asseco CEO Surprises: Resigns from Hundreds of Millions
Adam Góral, the CEO of Asseco, has decided not to take a package of shares that would have given him a significant financial stake in the company as part of a new motivation program for the management board.
COCRED enhances security for investors with a robust governance structure
COCRED, a financial cooperative in Brazil, emphasizes the importance of governance and advanced risk management in securing investors' assets amid economic uncertainty.
State: Peter Gauweiler no longer wanted to. One can understand it
The article discusses the political implications of upcoming elections in Germany's states and a local protest resignation that highlights grievances over municipal financial conditions.
Karlovy Vary Region Manages Billion Surpluses, Half of Last Year's Surplus Will Go to Loans
The Karlovy Vary region in Czechia has reported billion-crown surpluses for the past year, with plans to allocate half of the surplus to repay loans.
Prosecution: The management of Latvijas dzelzceļš caused 1.5 million euro losses to the state
Four former board members of Latvijas dzelzceļš face accusations of abusing their official positions, resulting in significant financial losses to the state.
Taxes in Family Businesses - How to Manage Risk
Family businesses view taxes primarily as a technical issue, often managed by accounting departments or external advisors, but tax decisions have ownership implications that affect financial stability and family relationships.
Dai-ichi Life HD Unauthorized Disclosure of 1155 Cases of Secondment Information; Common Among Major Companies
Dai-ichi Life Holdings announced that 64 employees of its group companies illegally took internal information from 28 financial institutions, revealing a widespread unethical practice in the insurance industry.
Nigeria: How CBN Reforms Pushed Nigeria Off EU High-Risk List
Nigeria has been removed from the EU's high-risk jurisdictions list for money laundering and terrorism financing, signaling improvements in its financial sector governance following Central Bank reforms.
N117bn misappropriation uncovered under Tambuwal – Sokoto panel
A Sokoto State commission has revealed financial irregularities exceeding N117 billion during the administration of former governor Aminu Tambuwal.
Wall Street: From a Narrow Street to a Global Financial Governance System
Wall Street has evolved from a geographical location in Lower Manhattan to a comprehensive system for managing global capital and influencing economic and monetary policies over the past century.