Financial Liability

Tuesday, 26 September 2023

Latest News for: Financial liability

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Allianz Global Wealth Report 2023: The next chapter

The Galveston Daily News 26 Sep 2023

The result was a dismal -2.7% decline in private households’ global financial assets 1, the strongest drop since the Global Financial Crisis (GFC) in 2008 ... Overall, financial assets worth EUR 6.6 trillion were lost, total financial assets amounted to EUR 233 trillion at the end of 2022 ... Net financial assets, finally, declined by a hefty -9.2%.

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Union County arrest report - Sept. 25, 2023

Creston News Advertiser 26 Sep 2023

Trevor Benge, 38, of Afton, was taken into custody Sept. 25 at his residence on the charge of driving while barred. According to a Union County report, at approximately 8.26 p.m. Sept ... He was cited for failure to provide proof of financial liability - accident ....

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Cover-ups still the norm in the wake of a cyber incident

Computer Weekly 26 Sep 2023

“Accountability starts at the top, and leadership must create a corporate culture that prioritises cyber security incident reporting, otherwise they will open themselves up to legal liabilities and costly financial penalties, and place employees, customers, stakeholders and partners at risk.” Crying out for support.

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Keeper Security Releases Cybersecurity Disasters Survey: Incident Reporting & Disclosure

Victoria Advocate 26 Sep 2023

"Accountability starts at the top, and leadership must create a corporate culture that prioritizes cybersecurity incident reporting, otherwise they will open themselves up to legal liabilities and costly financial penalties, and place employees, customers, stakeholders and partners at risk.".

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Regal Rexnord Corporation Announces Definitive Agreement To Sell Its Industrial Motors & Generators Businesses To WEG

Victoria Advocate 25 Sep 2023

(the "Altra Transaction") and the effects of such indebtedness on Regal Rexnord's financial flexibility after the Altra Transaction; Regal Rexnord's ability to achieve its objectives on reducing its indebtedness on the desired timeline; dependence on key suppliers and the ...

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Birmingham councillors back issuing of ‘bankruptcy’ notice and spending controls

AOL 25 Sep 2023

The authority does not have sufficient resources to cover the potential liability and has also identified a budget shortfall for the current financial year of £87 million, which is projected to rise to £165 million in 2024/25.

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Men\u2019s group to protest women\u2019s quota Bill, honour Elon Musk as \u2018god of free speech\u2019 in Pune

Indian Express 25 Sep 2023

The group also will conduct a puja to \u201ccelebrate Elon Musk as the god of free speech\u201d ... \u201cFor example, if while talking about alimony we called women a financial liability or a wife as a financial burden, they would straight away remove those tweets and shadow-ban accounts. Now that does not happen and we are given warnings instead ... .

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Household savings at 16-year low threaten India’s growth

Financial Express 25 Sep 2023

Household financial assets, including bank deposits, cash and equity investments, after deducting debt servicing and consumption, eased to 5.1% of gross domestic product in the fiscal year ended March ... The rise in financial liabilities with falling assets levels could be a sign of rising inequality. .

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Achieving succession planning success – the importance of a holistic succession strategy

B & FT Online 25 Sep 2023

namely the business owner; a trusted financial institution, like First National Bank; and relevant advisors including legal and accounting professionals ... Financial preparedness ... This includes evaluating contingent liabilities, sureties, loans and other financial commitments that will be inherited by the successor.

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Winding-up petitions from HMRC on the rise, official figures say

Building 25 Sep 2023

Source. Shutterstock ... Mummery said HMRC was increasing the amount of so-called ‘stop’ notices to cut down on tax avoidance schemes and was also increasingly asking for security bonds – a tax deposit requested by the tax man to settle any tax liabilities that may arise in the future if firms are deemed to be at risk of entering financial difficulty ... .

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Explaining the amendments to the Louisiana Constitution on the October 14 ballot

Plaquemine Post South 25 Sep 2023

Ban the use of financial or other donations from a ... Spending more one-time money on billions of dollars in outstanding liabilities of the four pension systems will put the state on a stronger financial footing and lessen the money the state must pay annually for retirement debt.

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James River Announces Agreement to Sell Individual Risk Workers’ Compensation Renewal Rights to ...

The Eagle-Tribune 25 Sep 2023

federal income taxation; a failure of any of the loss limitations or exclusions we utilize to shield us from unanticipated financial losses or legal exposures, or other liabilities; losses from catastrophic events, such as natural disasters and terrorist acts, which substantially ...

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Monetary policy rethink

Dawn 25 Sep 2023

The PTI government focused on accumulating foreign exchange reserves primarily through diaspora-oriented, interest-sensitive schemes which worsened financial account liabilities.

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FSS warns fisheries cooperatives over sloppy response to failed overseas investment

Korea Times 24 Sep 2023

The financial authority added that while the maturity structure of the NFFC's financing is unevenly distributed, with concerns over mismatches between asset and liability maturities, the cooperatives lack contingency plans to respond to the sudden outflow of deposits.

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CPAs can help navigate ever-changing market

Cleveland Jewish News 24 Sep 2023

That said, how do you know who to trust for personal financial advice and wealth strategies? Take some tips from someone who’s been around ... “In talking to clients and helping advise them with their financial plans, we have a focus to help them manage their tax liability based on their investments,” Linden said.