Singapore International Arbitration Centre (SIAC): The Singapore-based arbitrator, SIAC, has rejected Future Retail’s plea to lift the interim stay on its ₹24,713-crore deal with Reliance Retail, giving a major relief to Amazon that is contesting the transaction. This order now restrains Future Group and Reliance Industries Limited from proceeding with a Rs 24,713-crore deal signed […]
Day: October 25, 2021
Turkey On FATF Grey List
Turkey On FATF Grey List: The Financial Action Task Force (FATF) has added Turkey, along with Jordan and Mali, in its revised list of “jurisdictions under increased monitoring”, also known as the FATF grey list. There are now 23 countries in the list. If countries fail to prevent international money laundering and terrorist financing, then […]
Uighurs
Uighurs: Forty-three countries have called on China to “ensure full respect for the rule of law” for the Muslim Uighur community in Xinjiang. The declaration accused China of a litany of human rights violations against the Uighurs, including torture, forced sterilisation and forced disappearances. China should allow immediate, meaningful and unfettered access to Xinjiang for […]
