Notes and Study material for Exams
Non-Banking financial institutions and their reforms in them since 1990s A Non Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of Shares, stock, Bonds hire-purchase insurance business or chit business but does not include any institution whose principal business … Read more
UNEP is the principal UN body in the field of the Environment, assisting governments to address global, regional and national environmental challenges. Its mandate was reinforced at the United Nations Conference on Sustainable Development (Rio+20) and through the Rio+20 outcome document “The Future Want” . As a follow up to the Rio+20 Conference, UNEP has … Read more
Money Laundering And Black Money Money Laundering Money laundering is the process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source. The money from the criminal activity is considered dirty, and the process “launders” it to make it … Read more
Here is a list of subtopics without any description for Tax Haven: Aggressive tax planning Base erosion and profit shifting Capital flight Corporate tax avoidance Double Irish arrangement Dutch sandwich Economic substance doctrine Foreign Account Tax Compliance Act Foreign shell company Global intangible low-taxed income Group TaxationTaxation Hybrid mismatch arrangements Income shifting International tax avoidance … Read more
The Basel Accords are a series of international banking regulations that aim to strengthen the financial system and reduce systemic risk. The Basel Committee on Banking Supervision (BCBS), an international body of central bank governors and representatives from the world’s major financial institutions, is responsible for developing and implementing the Basel Accords. The Basel Accords … Read more
The Basel Convention is an international treaty that was signed in 1989 and entered into force in 1992. The goal of the convention is to protect human health and the environment from the transboundary movement of hazardous wastes and their disposal. The convention has 189 parties, including all of the world’s major economies. The convention … Read more
Financial Stability and Development Council The Financial Stability and Development Council (FSDC) is an inter-ministerial body in India that was set up in 2010 to oversee the financial stability of the country. The FSDC is chaired by the Prime Minister and includes the Finance Minister, the Reserve Bank of India Governor, and the heads of … Read more