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Finmin for enhanced KYC, due diligence for merchants & banking correspondents to check fraud

by AIP Online Bureau | Apr 14, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

During 2023, as many as 11,28,265 cases of financial cyber fraud worth Rs 7,488.63 crore were reported, as per the data compiled by National Crime Records Bureau (NCRB) To strengthen the mechanism to deal with cyber crimes in a comprehensive and coordinated manner,...

EU regulator rules out link between weight-loss drugs and suicidal thoughts

by AIP Online Bureau | Apr 13, 2024 | Facts, Health, Policy, Risk Management

The analysis started in July after Iceland’s health regulator flagged three cases of patients thinking about suicide or self-harm after using Novo’s drugs The European Union drug regulator found no evidence that a class of diabetes and weight-loss drugs...

France is proposing to allow terminally ill patients to take lethal medication

by AIP Online Bureau | Apr 13, 2024 | Eco/Invest/Demography, Facts, Health

A team of medical professionals would need to confirm that the patient has a grave and incurable illness, is suffering from intolerable and untreatable pain, and is seeking lethal medication of their own free will. Those with severe psychiatric conditions and...

Remove Bournvita from category of ‘health drinks’: Govt tells e-commerce firms

by AIP Online Bureau | Apr 13, 2024 | Health, Indian News, Policy, Regulation, Risk Management

Earlier, the NCPCR had called upon the Food Safety and Standards Authority of India (FSSAI) to initiate action against the companies that failed to meet safety standards and guidelines and were projecting power supplements as ‘health drinks’. New Delhi: The Ministry...
Lloyd’s of London inadequate on ESG, Report says

Lloyd’s of London inadequate on ESG, Report says

by AIP Online Bureau | Apr 13, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

French insurer Axa SA topped the property & casualty league table, while Japan’s Sony Financial Group came bottom London: The Lloyd’s of London insurance market’s environmental, social and governance standards are weak, as its members have exposure to fossil fuel...
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