ATO debt won't prevent insolvency guru schooling accountants – Insolvency News Online

de Jonge Read founder and executive director Henry Hank de Jonge. At first glance, schooling accountants on saving businesses when one of your own companies is hopelessly insolvent would seem presumptuous. But maybe insights that cannot be acquired without enduring the stigma of unmanageable indebtedness imbue one with unmatched credibility? Certainly the recent placing of…

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Public debt management officials in Africa share best practices … – Commonwealth

In a world where crises are increasing and overlapping, it is important for governments to be resilient and prepared for all occurrences. This is even more critical for finance ministries, who will need to mobilise funds quickly to support their countries through difficult times.   To assist in building resilience in public debt management operations,…

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How a proposed change in Special Situations Fund norms could end roundtripping through AIFs – Moneycontrol

Experts, however, point out that the norms need to be detailed a little more to ensure innocent promoters with no malafide intent are not affected Certain amendments suggested are targeted specifically to eliminate conflict of interest, according to legal experts. The regulations proposed for Special Situations Funds (SSF) may finally stop promoters from round tripping…

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IBBI appoints Jitesh John as new Executive Director, Sandip Garg as Member – BusinessLine

Insolvency regulator Insolvency and Bankruptcy Board of India (IBBI) has a new Executive Director, Jitesh John. John, a 2001 batch Indian Economic Service Officer, previously served as an Economic Advisor in the Ministry of Power. He assumed charge of his new role at IBBI on Friday. John has a post-graduate degree in Economics and has…

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Exclusive: Top development banks to launch debt-for-nature swap 'task force' – Reuters

LONDON, Nov 30 (Reuters) – The world’s top multilateral development banks are set to launch a global “task force” at the COP28 climate summit in the coming days to scale up the number and size of ‘debt-for-nature’ swaps that countries can do. Debt-for-nature swaps, where a developing country’s debt is cut in return for protecting…

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Credit cards or personal loans: What's best for debt consolidation? – nestegg.com.au

Each has its own set of advantages and potential pitfalls, and the best choice often depends on an individuals financial situation and goals. Lets break down both options to help you decide which is best for consolidating your debts. Using a credit card to consolidate debt typically involves transferring balances from multiple high-interest cards to…

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