Other

Fresh Look

The Act will be brought in line Basle requirements and international best practices.rn rnThe Banking Law governs commercial and specialized banks.rn rnThe SEC …

Fast Track

Cabinet has rubber stamped a Labour Ministry proposal to clear a backlog of fifteen thousand labour tribunal cases on a fast track basis. The proposal to be …

Checkmate

Clamping down on excessive government spending, cabinet on Wednesday passed the Fiscal Responsibility Act, the UNF governments solution for the growing …

Social Watch

The government is introducing a new law that will de-politicise welfare payments and improve targeting.“People will no longer be able to claim benefits …

Limited Scope

The government plans to form an asset management company to takeover the debts of the two state banks.A top Central Bank official said the upcoming Bank Rescue …

Safety Net

A Fiscal Responsibility Act would also be passed, to ensure the government sticks to its commitments on revenue and expenditure. rnrnAmong the pieces of …

Small Start

A gazette notification spelling out the government quote s decision will be announced in August, Treasury sources said. rnrnHowever, broader pension reforms …

Abolished

The Banking Act, the Monetary Law Act and the upcoming Exchange Rate Management Act are likely to be abolished early next year. rnrnOfficials however, say …

Internal Audit

A committee drawn up by the SEC will study wide range of matters including the separation of audit function from consultancy, the rotation and change of …

Copycat Law

Officials say the draft act that will protect ownership rights was completed early last year and is now pending parliamentary approval. rn rnAn attempt was …

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