In a joint statement, securities, banking and insurance watchdogs of the European Union said, consumers risk losing all their money invested in cryptoassets. “Consumers face the very real possibility of losing all their invested money if they buy these assets,”… Read More ›
Recourse
Australia will introduce legislation to force tech giants to act on defamatory content: Australian Prime Minister Scott Morrison
In a statement Australian Prime Minister Scott Morrison said, Canberra will soon introduce legislation to make social media giants provide details of users who post defamatory comments. The development comes at a time when the Australian government is looking to… Read More ›
World Bank’s International Finance Corporation adopts climate change specific financing, aims to reduce financing for coal to zero by 2030
In a significant development, the World Bank’s private-sector arm has introduced new climate change specific conditions, which encourages commercial banks and other financial lenders to wind down support for coal projects in Asia and Africa. The International Finance Corporation (IFC),… Read More ›