Foreign governments and multinationals have started investing heavily in India, thanks in part to Prime Minister Narendra Modi’s economic reforms. We tell you why India is so appealing to some foreign investors, and why others are still reluctant to enter one of the world’s largest, fastest-growing markets.
Hong Kong companies must now collect and retain information about their beneficial owners. The new law is part of a global effort to enhance corporate transparency.
In just three days, a new UK law will go into effect that makes it easier for regulatory authorities to directly prosecute companies that fail to prevent tax evasion.
DPAs are agreements between prosecutors and companies that essentially say authorities won’t prosecute fraudulent activity if a company agrees to pay a fine and get its regulatory house in order. Corporate leaders should know that the US and UK have different DPA systems in place.
This month, UK authorities announced that they've launched an investigation into KPMG’s conduct related to an audit of Roll Royce’s financial statements. The investigation appears to be part of a trend of holding auditing firms accountable for policing their clients’ financial behavior.
Barclays announced that UK authorities have launched investigations into CEO Jef Staley’s conduct related to two whistleblower claims. The affair sheds light on the ambiguity of whistleblower laws and on the benefits and disadvantages of protecting whistleblowers’ anonymity.
On November 8, Indian prime minister Narendra Modi declared that two of his country’s most-used bank notes would be worthless starting in January. This post explains Modi’s justifications for the experiment and its wide-ranging consequences.
More than 45 million people are living in slavery, with Asia accounting for two thirds of the victims. To prevent slavery and increase supply chain transparency, the UK passed the Modern Slavery Act. Ensuring compliance is difficult, but a recent survey suggests that when a company leader takes a stand against slavery and exploitation, it has an effect that ripples throughout the workforce.
This week's Global Glance looks at new allegations that VW employees “at the highest levels” were involved in the defeat-device deception; and what you should know about the unrest in Kashmir.
This week's Global Glance looks at a sweet M&A announcement: Krispy Kreme is to be acquired by a Luxemburg-based investment group. It could be a marriage made in culinary heaven.
This week's Global Glance looks at Africa’s amazing HeroRATS; why Djibouti is the most important African nation you’ve never heard of; and Africa’s 2016 economic outlook.
Welcome back to Global Glance. This week we look at how a Chinese insurance company may be changing the nature of M&As, FIFA’s surprising claim to victimhood, and a strange and lavish soccer school in rural China.