Author: corp
-
New Manpower Criteria for Public Interest Entities
New Manpower Criteria for Public Interest Entities October 24, 2023. The Financial Reporting Council (“FRC”) has recently issued new regulations (SRO No. 291/AIN2023) that expand the definition of a Public Interest Entity. The Public Interest Entity (Based on Minimum Manpower) Definitions Regulations, 2023 were released on October 19, 2023. What are the new regulations? The…
-
Bangladesh introduces Secure Transactions Act to allow movable assets as loan collateral, expanding access to credit.
Bangladesh introduces Secure Transactions Act to allow movable assets as loan collateral, expanding access to credit. November 20, 2023. Banks in Bangladesh often need security for all loans. Immovable property is often regarded as the most secure type of security and is sought after by banks. When banks considered other transportable items as security, they…