Tag: Compliance
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Singapore Takes Bold Steps to Protect Retail Investors Seeking Compensation for Wrongful Losses
Singapore Moves to Strengthen Protection for Retail Investors In a decisive shift for the Singapore stock market, regulators are stepping up efforts to protect retail investors from wrongful losses. The Monetary Authority of Singapore (MAS) has unveiled a package of proposals designed to improve transparency, accountability, and recourse for individual investors who suffer adverse outcomes…
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Fake Religious Pastor Arrested for Attempted Human Trafficking of Three Filipinos to Cambodia via Thailand
Overview of the Case A man described by authorities as a “fake” religious pastor was arrested on charges related to an attempted human trafficking operation involving three Filipino nationals. The Bureau of Immigration (BI) announced on Monday that the suspect will face criminal charges for his role in planning to transport the individuals to Cambodia…
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FIC Clears Richard Nii Armah Quaye, Unfreezes His Accounts After Probe
FIC clears Richard Nii Armah Quaye following probe The Financial Intelligence Centre (FIC) has announced that Ghanaian businessman Richard Nii Armah-Quaye has been cleared of any wrongdoing after a comprehensive investigation into his financial transactions. The decision comes after weeks of scrutiny and the temporary freezing of accounts linked to the case. What led to…
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FIC Clears Richard Nii Armah Quaye: Ghanaian Businessman’s Accounts Unfrozen After Probe
Summary: FIC Drops Probe After Clearing Quaye The Financial Intelligence Centre (FIC) has concluded its investigation into the financial activities of Ghanaian businessman Richard Nii Armah Quaye and has cleared him of any misconduct. Following an earlier decision to freeze his accounts during the probe, authorities have now unfrozen the assets as part of closing…
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FIC Clears Richard Nii Armah-Quaye After Probe, Unfreezes His Accounts
Overview: FIC Finds no wrongdoing The Financial Intelligence Centre (FIC) of Ghana has concluded its investigations into the financial activities of Richard Nii Armah-Quaye, a prominent Ghanaian businessman. In a development that has been welcomed by his supporters and the business community alike, the FIC has cleared him of any wrongdoing and moved to unfroze…
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Keeping those young amblyopia eyes on track with CureSight
Reinventing Ambulatory Amblyopia Treatment with CureSight Amblyopia, often called lazy eye, remains one of pediatric eye care’s toughest challenges. Traditional patching is effective for many children, but keeping them compliant can be a test of patience for families and clinicians alike. A new device from Israel, CureSight, aims to change that dynamic by pairing treatment…
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SKF Bearings and Russia’s War Industry: Sanctions, Data, and Debate
From national pride to global scrutiny The Swedish bearing maker SKF has long represented engineering excellence and export strength. In Sweden, SKF is celebrated as a pillar of industrial prowess, and its bearings have powered everything from automotive components to turbines. But when a country’s war economy comes under sanctions, even iconic brands face tough…
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PhonePe Faces ₹21 Lakh Fine from RBI: Understanding the Reasons
Introduction In a significant move, the Reserve Bank of India (RBI) has imposed a fine of ₹21 lakh on PhonePe Limited, one of India’s leading digital payment firms. This action raises important questions about compliance and regulatory practices within the fast-evolving financial technology sector. What Led to the Fine? The monetary penalty was primarily imposed…