News Muncher - category supervisory

3 weeks, 1 day ago

Arbitration Monthly Digest: November, 2024

Live Law

Supreme Court Government Entity Can't Be Given Differential Treatment While Staying Operation Of Arbitral Award : Supreme Court Case Title: International Seaport Dredging Pvt Ltd Versus Kamarajar Port Limited, Case Number- Civil Appeal No 12097 of 2024 Recently, the Supreme Court disapproved of a High Court's decision to exempt a government entity from depositing other amounts in addition to the …

India Justice High Court Arbitration Constitution Court Public Policy

3 weeks, 4 days ago

Supervision key to governance

China Daily

One of the major tasks carried out by Wang Zunyi, a deputy to the Xiangyang people's congress in Hubei province, over the past few weeks was conducting an inspection tour of community elderly care service facilities. Wang said learning about the works of government departments through his inspections and then offering them suggestions is his duty as a deputy, and …

China Constitution Congress Elderly Power Inspection State

1 month ago

Court's Supervisory Role Over Arbitral Proceedings Would Be Determined As Per CPC If No Neutral Location Is Specified: Delhi High Court

Live Law

The Delhi High Court bench of Justice Jasmeet Singh affirmed that if there is a neutral location specified in the contract data, that location would be the place of arbitration and the court having supervisory jurisdiction over the place would have jurisdiction. Contentions The petitioner submitted that the Clause 20.6 contains the place of arbitration as “neutral location” specified in …

Delhi Arbitration Jurisdiction Court Uttar Pradesh Location Venue

1 month, 1 week ago

COP29 Presidency announces adoption of standards for carbon credits, draws flak

Hindustan Times

The Azerbaijan Presidency of the 2024 UN Climate Change Conference announced an early victory with the adoption of standards for the creation of carbon credits under Article 6.4 of the Paris Agreement, drawing criticism. The Presidency said the adoption of modalities will enable climate action by increasing demand for carbon credits and ensure that the international carbon market operates with …

Adoption Climate Carbon Credits Carbon Article Cop Cop29

1 month, 1 week ago

Bayern Munich extends Jan-Christian Dreesen’s contract as CEO

The Hindu

Bayern Munich has extended Jan-Christian Dreesen’s contract as chief executive by two years through June 2027. We’re certain he is the right person to tackle the challenges ahead together with his board colleagues Michael Diederich and Max Eberl,” club president Herbert Hainer said in a Bayern statement. Dreesen’s extension refutes a widely read report last month that the club decided …

Bayern Munich Bayern Dreesen Munich Extends

1 month, 1 week ago

Bayern keeps faith in Jan-Christian Dreesen as CEO by extending contract

Associated Press

MUNICH — Bayern Munich has extended Jan-Christian Dreesen’s contract as chief executive by two years through June 2027. We’re certain he is the right person to tackle the challenges ahead together with his board colleagues Michael Diederich and Max Eberl,” club president Herbert Hainer said in a Bayern statement. Dreesen’s extension refutes a widely read report last month that the …

Bayern Munich Dreesen Keeps Faith

1 month, 1 week ago

Article 227 In Arbitration-Related Commercial Disputes: Scope And Judicial Boundaries

Live Law

In India, the question of whether writ petitions can challenge arbitration decisions—especially dismissals of Section 34 petitions by Commercial Courts—is a sensitive balance between constitutional authority and arbitration's intended autonomy. In the matter of M/S Deep Industries Limited v. Oil and Natural Gas Corporation Limited, AIR Online 2019 SC 1958, the Supreme Court held that High Courts should only exercise …

India Delhi Jurisdiction Constitution High Courts Exceptional Circumstances Commercial

1 month, 2 weeks ago

Determining 'Seat' In International Arbitration : Supreme Court Takes Shift From 'Closest Connection Test', Says Express Designation Of Place Matters

Live Law

In a key ruling on International Commercial Arbitration, the Supreme Court held that when an arbitration agreement grants non-exclusive jurisdiction to a foreign court, that court is considered the "seat of arbitration." Taking a shift from the 'Close Connection Test' to determine the seat of the arbitration, the Court observed that “the more appropriate criterion for determining the seat of …

Law Supreme Court Jurisdiction Court Indian Parties Courts

3 months, 1 week ago

Democratic system improving

China Daily

The Great Hall of the People in Beijing, capital of China. For example, in March 2021, the Organization Law of the National People's Congress, which had been in use for nearly 40 years, was amended to affirm the leadership of the Party over the NPC and its Standing Committee. Alongside these changes, laws and rules such as the Legislation Law, …

China Congress National Party Power Committee Standing

3 months, 1 week ago

Democratic system improving

China Daily

The Great Hall of the People in Beijing, capital of China. For example, in March 2021, the Organization Law of the National People's Congress, which had been in use for nearly 40 years, was amended to affirm the leadership of the Party over the NPC and its Standing Committee. Alongside these changes, laws and rules such as the Legislation Law, …

China Congress National Party Power Committee Standing

5 months ago

Military intelligence service not informing citizens that they're under investigation

NL Times

The Military Intelligence and Security Service still does not inform citizens if they have been the subject of an investigation and certain actions have been taken against them. The Supervisory Committee of the Intelligence and Security Services said this after an investigation. For example, if their communications have been tapped in connection with a threat to national security, if a …

Mivd Ctivd

5 months, 2 weeks ago

Odisha reconstitutes Jagannath temple treasury audit supervisory panel

Hindustan Times

The Odisha government disbanded former Supreme Court judge Arijit Pasayat-led 12-member committee hours before it was due to meet on Friday to discuss the modalities of audit and inventorisation of Puri Jagannath temple treasury Ratna Bhandar. In February, the previous Biju Janata Dal government formed the 12-member committee on a high court order for the preparation of the inventory of …

Odisha Treasury Bjp Temple Chamber Puri Ratna Bhandar

6 months, 2 weeks ago

Provisions for Medical Device Registration and Filing

China Daily

Provisions for Medical Device Registration and Filing Chapter I General Provisions Article 1 The Provisions are formulated in accordance with the Regulations on Supervision and Administration of Medical Devices for the purpose of standardizing the acts of registration and filing of medical devices and ensuring safety, effectiveness and quality of medical devices. Article 4 The National Medical Products Administration shall …

China Medical Medical Devices Registration Quality Control Clinical Trials Chinese

6 months, 3 weeks ago

More reports of misconduct in childcare, physical violence reported the most

NL Times

Last year, the school inspectorate's confidential inspectors reviewed 271 files compiled in response to reports of possible misconduct in childcare. In particular, this involved allegations of physical and psychological violence, sexual abuse, harassment, and discrimination. Last year, there were 32 cases of suspected sexual abuse, 54 cases of possible sexual harassment, 44 cases of suspected psychological violence, 139 cases of …

Cases Sexual Abuse Reports Childcare Physical Physical Violence Violence Reported

7 months, 1 week ago

SEBI’s latest framework to administer investment advisers, research analysts | Explained

The Hindu

The story so far: Capital markets regulatorSecurities and Exchange Board of India on May 2 introduced a framework for better administration and supervision of Research Analysts and Investment Advisers. SEBI has clarified that both supervisory bodies would come under the purview of a single stock exchange. This is to ensure “efficiency in the system and economies of scale.” However, as …

Stock Ias Bodies Framework Regulator Ras Exchange

7 months, 4 weeks ago

Ajax to keep Alex Kroes despite insider trading scandal, but won’t be CEO

NL Times

The Supervisory Board at Ajax has voted to keep Alex Kroes on as an executive, but only after he stepped down as their chief executive officer and executive board chair, the Amsterdam football club announced on Thursday. “Should it be determined by an authorised authority at any time that there has been a serious violation of insider trading rules, the …

Board Insider Trading Club Van Ajax Van Praag Kroes

8 months ago

Person At Managerial Or Supervisory Role Is Not 'Workman' Under ID Act, Karnataka High Court Sets Aside Relief Granted By Labour Court

Live Law

The High Court of Karnataka single bench of Mrs Justice K.S Hemalekha held that persons carrying managerial and supervisory responsibilities do not fall within the scope of 'workman', as defined under Section 2 of the Industrial Disputes Act. The question before the labour court was whether she would be a 'workman' within the scope of Section 2 of the Industrial …

Court Labour Writ Applicant Act Person Karnataka High

8 months ago

Bengaluru-based RMZ Corporation exploring real estate expansion opportunities in the US, EU and UK

Hindustan Times

Bengaluru-based RMZ Corporation is westward bound. The company wants to be an ‘Indian founded but a global alternative asset owner.’ It is actively pursuing real estate deals in the US, EU and the UK and is hoping to close a few within the next 12 to 15 months, said Mihir Menda, Supervisory Board Member, RMZ Corporation. Bengaluru-based RMZ Corporation is …

Global India Real Estate Bengaluru Mumbai Water Investment

8 months, 2 weeks ago

Can regulation technology address the compliance woes of banks?

Live Mint

The compliance function in banks is the nerve-centre that performs a vital role in preserving organizational resilience and stability. Regulatory expectations of banks went up sharply after the 2008 Global Financial Crisis, the lessons of which inspired reforms spanning the entire spectrum of prudential guidelines, covering both idiosyncratic and systemic risks, with many new variables placed under watch, such as …

Compliance Regulatory Risk Banks

8 months, 3 weeks ago

Ajax CEO Alex Kroes says the club’s board is pushing him out with no justification

NL Times

Ajax CEO and executive board director Alex Kroes said he feels that his suspension by Ajax for insider trading is a case of the club's supervisory board members trying to push him out. “Five or six lawyers have looked through all his emails and messages,” Chairman Michael van Praag told Ajax fans at a scheduled meeting, ANP reported. And how …

Board Club Van Ajax Supervisory Van Praag Kroes

8 months, 3 weeks ago

More turmoil at Ajax as new CEO suspended on suspicion of insider trading

Associated Press

AMSTERDAM — Ajax’s calamitous season worsened when the Amsterdam club suspended new CEO Alex Kroes on Tuesday and said it intends to fire him on suspicion of insider trading in the club’s shares. He posted a statement on LinkedIn saying he “cannot simply accept this decision of the Supervisory Board.” A successful sports administrator, Kroes was seen as a key …

Insider Trading Club Van Der Ajax Kroes

8 months, 3 weeks ago

Ajax Amsterdam suspends CEO amid share trading suspicions

The Hindu

Ajax Amsterdam has suspended new CEO Alex Kroes with immediate effect on suspicion he has been involved in insider trading in the club’s shares, the club supervisory board said in a statement on Tuesday. The board said it had learned Kroes had bought more than 17,000 Ajax shares a week before his intended appointment was announced on August 2, 2023. …

Dutch Board Ajax Kroes

9 months ago

6 key steps RBI has taken to ensure safe banking practices. Details here

Live Mint

Digital banking has brought a paradigm shift to the way we carry out financial transactions. Digital lending guidelines: Additionally, RBI has issued guidelines on digital lending which require regulated entities to provide a key fact statement to the borrower before the execution of the contract. The banking regulator also takes appropriate supervisory actions including imposition of business restrictions. Cyber-crime reporting …

Digital Rbi

9 months ago

China-EU financial cooperation set to improve

China Daily

The China-EU Working Group on Financial Cooperation has held its first meeting in Beijing from Monday to Tuesday, a sign that China-EU financial regulatory cooperation is poised to gather steam. During the meeting, both sides exchanged views about the respective macroeconomic and financial stability situations, as well as on the regulatory and supervisory architecture in place in China and the …

China Financial

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Arbitration Monthly Digest: November, 2024

Supervision key to governance

Court's Supervisory Role Over Arbitral Proceedings Would Be Determined As Per CPC If No Neutral Location Is Specified: Delhi High Court

COP29 Presidency announces adoption of standards for carbon credits, draws flak

Bayern Munich extends Jan-Christian Dreesen’s contract as CEO

Bayern keeps faith in Jan-Christian Dreesen as CEO by extending contract

Article 227 In Arbitration-Related Commercial Disputes: Scope And Judicial Boundaries

Determining 'Seat' In International Arbitration : Supreme Court Takes Shift From 'Closest Connection Test', Says Express Designation Of Place Matters

Democratic system improving

Democratic system improving

Military intelligence service not informing citizens that they're under investigation

Odisha reconstitutes Jagannath temple treasury audit supervisory panel

Provisions for Medical Device Registration and Filing

More reports of misconduct in childcare, physical violence reported the most

SEBI’s latest framework to administer investment advisers, research analysts | Explained

Ajax to keep Alex Kroes despite insider trading scandal, but won’t be CEO

Person At Managerial Or Supervisory Role Is Not 'Workman' Under ID Act, Karnataka High Court Sets Aside Relief Granted By Labour Court

Bengaluru-based RMZ Corporation exploring real estate expansion opportunities in the US, EU and UK

Can regulation technology address the compliance woes of banks?

Ajax CEO Alex Kroes says the club’s board is pushing him out with no justification

More turmoil at Ajax as new CEO suspended on suspicion of insider trading

Ajax Amsterdam suspends CEO amid share trading suspicions

6 key steps RBI has taken to ensure safe banking practices. Details here

China-EU financial cooperation set to improve