Deutsche Bank criticized by German regulator for financial reporting error

Deutsche Bank criticized by German regulator for financial reporting error

A general meeting of Deutsche Bank Arne Dedert | picture alliance | Getty Images Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement which did not meet international accounting standards, the German regulator BaFin said on Tuesday. “The declarations on deferred tax assets in the consolidated financial statement were not complete,” the … Read more

China’s stock market: Beijing issues unprecedented guidelines calling for transparency, risk-management

China’s stock market: Beijing issues unprecedented guidelines calling for transparency, risk-management

The document released by the State Council after the markets closed on Friday evening sets out nine guidelines that formulate a framework to develop the market, demanding a better mechanism for protecting investors’ interests and an improvement in the quality of listed companies over the next five years. By 2035, the market should have achieved … Read more

DGCA Postpones New Pilot Duty Rules, Here’s Why

DGCA Postpones New Pilot Duty Rules, Here’s Why

Last Updated: March 27, 2024, 10:26 IST DGCA Postpones New Pilot Duty Rules, Citing Consultation Need. Aviation regulator postpones new flight rules for pilots, citing need for broader consultations. Airlines seek extension over increased costs. The implementation of new flight duty rules for pilots, aimed at reducing fatigue, has been delayed, as reported by PTI … Read more