His distraught parents Charlotte Charles and Tim Dunn are bringing legal action against Foreign Secretary Dominic Raab and Northamptonshire Police, claiming they acted unlawfully over the departure of Anne Sacoolas, the alleged driver of the car, from the UK. … [Read more...] about Harry Dunn’s family denied access to documents on ‘secret agreement’ between US and UK
Uk corporate governance
- Portugal's government will make "no attempt" to hide its disappointment at being left off a list of countries where travellers can avoid having to quarantine when arriving in England, the country's ambassador to the UK said. … [Read more...] about UK coronavirus hospital deaths up by 39 in lowest Saturday rise in lockdown
Why aren't more of our politicians wearing masks? Who needs to wear a face covering in the UK? Coronavirus: How to make your own face mask It came as Boris Johnson was pictured wearing a face covering for the first time while visiting businesses in his Uxbridge constituency on Friday. … [Read more...] about Coronavirus: Calls for government to clarify face coverings in England
RBI Governor Shaktikanta Das has stressed upon creating a resolution corporation which will have legislative backing for resolution of stressed financial institutions. Speaking at the 7th SBI Banking & Economics Conclave, Das said, "Going forward, we need the legislative backing to have some kind of a resolution corporation, which has to deal with resolution and revival of stressed financial firms”. In August 2017, the central government had introduced the Financial Resolution and Deposit Insurance (FRDI) Bill in Parliament. Apart from other things the proposal to set-up a resolution corporation was a part of the bill. Government withdrew the bill as there was a concern with respect to the protection of depositors’ money if the bill was passed with the “bail-in” clause where a bank’s liabilities would be cancelled or modified to accumulate its finances.Governor said that setting up the resolution corporation was a part of the FRDI Bill which was later … [Read more...] about RBI Governor calls for creation of ‘resolution corporation’
Will the Yes Bank’s collapse and mega bail-out that followed by half of the banking industry become the trigger to create India’s first resolution corporation to rescue failed banking institutions? In his remarks at the State Bank of India (SBI) conclave on banking and finance on July 11, Reserve Bank of India (RBI) governor Shaktikanta Das seems to be backing the idea. Let’s take a closer look at his statement: … [Read more...] about After Yes Bank fiasco, RBI governor sees merit in creating resolution corporation: How critical is the idea?