RBI Deputy Governor Swaminathan J has asked banks to follow KYC guidelines with both "precision and empathy", failing which regulatory actions will be taken against them by the central bank. Addressing a Conference of Directors of Private Sector Banks here on Monday, the Deputy Governor also expressed concern that in many cases, customer grievance mechanisms, including the Internal Ombudsman structure, are treated more as a formality than as a robust, effective resource.
Sagoo was the lone candidate left in fray after incumbent senior vice president Anju Bobby George opted out of the race for the position.
Cameroon Football Federation (Fecafoot) chief Samuel Eto'o has been banned from attending the national team's matches for six months after violating FIFA's disciplinary regulations, soccer's governing body said on Monday.
Eighteen Jharkhand Bharatiya Janata Party MLAs were suspended from the assembly till 2 pm of August 2 and were removed by marshals after they refused to leave the House on Thursday.
The Lok Sabha ethics committee has cited the threats India faces from State and non-State cyber actors to indict Trinamool Congress MP Mahua Moitra for sharing her log-in credentials with businessman Darshan Hiranandani, noting that he has residency rights in Dubai and has close relatives who are foreign nationals.
If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.
Banned UEFA president Michel Platini could face further investigation from FIFA's Ethics Committee after attending an awards ceremony and conference in Dubai despite being barred from "all football activity".
"He was found to have committed many and various acts of misconduct continuously and repeatedly during his time as an official in different high-ranking and influential positions at FIFA and CONCACAF"
World soccer body FIFA's ethics committee said on Thursday it opened formal proceedings against Secretary General Jerome Valcke, after its investigators recommended a nine-year ban against him.
Former Supreme Court judge D K Jain will continue as BCCI's ethics officer and ombudsman after getting a one-year extension. Jain was appointed by the Supreme Court in February 2019 as BCCI's first ever ombudsman. He was later given the additional role of ethics officer.
The 27-page code was approved at the last meeting of the PCB's Board of Governors and aims to cover every individual working with the Board and the Pakistan Super League (PSL).
No election for BCCI secretary's post at BCCI's Annual General Body Meeting later this month.
15-year-old Russian skater Kamila Valieva tested positive for the banned heart medication trimetazidine in a sample collected on Christmas Day
Justice Shekhar Kumar Yadav, an Allahabad High Court judge, is set to appear before the Supreme Court Collegium to explain his controversial statements made at a Vishva Hindu Parishad (VHP) function. The Supreme Court has sought a report from the Allahabad High Court after news reports surfaced regarding Justice Yadav's remarks, which were widely condemned as "hate speech". The judge's statements, made at a VHP event, sparked outrage from various quarters, including opposition leaders and lawyers. The Bar Association of India has also condemned the judge's remarks and called for an apology.
The COA, in its 10th Status Report filed on October 28, 2018, had requested the Supreme Court to appoint an Ethics Officer in addition to an Ombudsman for looking into the matters of Conflict of Interest.
The institutes have now begun sensitising students about business ethics and morality as well. Be it inviting eminent personalities like the Dalai Lama to speak on business ethics or incorporating ethics as a compulsory course, IIMs are making efforts to produce socially-sensitive managers.
The boxing competition at the Paris Olympics is being run by the IOC after it stripped the International Boxing Association (IBA) of recognition last year over its failure to implement reforms on governance and finance.
Suspended FIFA President Sepp Blatter appeared before the ethics committee of world football's governing body on Thursday in a case that could end with him banned from the sport for years.
A livid Kapil Dev said he will not go to Mumbai and called the conflict of interest allegations against him and the CAC 'a publicity stunt'. In the complaint filed by Madhya Pradesh Cricket Association (MPCA) life member Sanjeev Gupta, it has been claimed that Kapil and Anshuman Gaekwad don multiple cricketing roles.
Joao Havelange has quit as FIFA's honorary president while Sepp Blatter has been cleared of misconduct in the ISL bribery case, a report by FIFA's ethics committee said on Tuesday. The report described the behaviour of Havelange as 'morally and ethically reproachable' in his dealings with ISL, FIFA's former marketing partner which went bankrupt in 2001.
The Parliamentary Ethics Committee, headed by veteran Bharatiya Janata Party leader Lal Krishna Advani, has issued a show-cause notice to Congress vice president Rahul Gandhi asking him to respond to questions on whether he had once declared himself a British citizen.
India on Friday strongly protested China's decision to issue invalid visas to some of its athletes for the Asian Games.
FIFA's ethics committee cleared president Sepp Blatter on Sunday in soccer's bribery investigation.
'Silence is the convention. Silence is appreciated. Silence is practical and silence is rewarded.' 'This is how sexual harassment in showbiz is normalised.'
BCCI unveils 10-point diktat: Domestic cricket must, restriction on personal staff, family stay on tours
The head of European soccer, Michel Platini, vowed on Monday to go to court to fight a decision by the independent Ethics Committee of the world football body FIFA to ban him for eight years, calling it a "pure masquerade".
e of them requires MPs to follow the norms including the Code of Ethics, which mandates them not to take gifts that may interfere with honest and impartial discharge of their official duties.
'Gift-giving' - from free dinners and drug samples to promotional merchandise - seems to be driving drugmakers' marketing - a marketing prescription deeply entrenched in the industry. This is a well-oiled racket that sees pharmaceutical (pharma) companies 'gifting' doctors to push their respective drugs under the guise of marketing. But is there a cure in sight to end this unhealthy alliance? The recent controversy following the income-tax raids on Bengaluru-based drugmaker Micro Labs, makers of popular paracetamol brand Dolo-650, has brought this to the fore, again.
The Supreme Court has sought details from the Allahabad High Court regarding controversial statements made by Justice Shekhar Kumar Yadav at a VHP function. The development comes amid calls for action against the judge for his remarks, which have been labeled as hate speech by some. The judge's statements were made at a VHP function on December 8, where he spoke about the Uniform Civil Code and the law working according to the majority. Several individuals and organizations, including lawyer Prashant Bhushan and CPI(M) leader Brinda Karat, have called for an inquiry into the judge's conduct and for his removal from judicial duties.
FIFA's ethics committee has completed its latest investigation into former presidential candidate Mohamed bin Hammam and extended his provisional ban pending a final verdict, soccer's world governing body said Thursday.
The suspended president of the international football body believes only FIFA Congress can bar him, not the Ethics Committee.
For that to happen, Moitra's much followed speeches should be heard outside Parliament so that the PR spins of the ruling dispensation are countered with informed debate, argues Shyam G Menon.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
The All India Football Federation's former general secretary has been banned for accepting a payment during Asian Football Confederation (AFC) elections in 2009, FIFA's ethics committee said in a statement on Thursday.
FIFA's ethics committee will investigate reported comments by the former head of England's Football Association claiming a Russian-Spanish bribery conspiracy over the 2018 World Cup bid.
The move came after the Lok Sabha Privilege and Ethics Committee asked the Home Ministry to seek a report from the Maharashtra government.
Franz Beckenbauer said on Sunday he is ready to answer questions from FIFA about an investigation into World Cup bidding by June 27 and believes that should remove any justification for its 90-day ban on him.
She has already challenged her expulsion in the Supreme Court after the Lok Sabha adopted the report of its ethics committee recommending her ouster. The case is listed for hearing on January 3, 2024.
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