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Rear seatbelts now mandatory, fine of Rs. 1,000 for non compliance

Mumbai Police and Karnataka Police have issued new guidelines mandating seatbelts for rear seat passengers of cars in Maharashtra and Karnataka respectively. While Mumbai police has issued a press note mandating the use of rear seatbelts from 1st November 2022, Karnataka police has noted that the usage of rear seatbelts comes into effect from 19th of September 2022, and those violating this rule will be fined Rs. 1000 for non-compliance. On the 18th of October, 2022, R Hithendra, Additional Director General of Police…

Geregu Power sets post-listing compliance standard

Geregu Power Plc (GPP), the first and only power generating company to list on the Nigerian Exchange Limited (NGX), has demonstrated high level of corporate governance and adherence to post-listing obligations as the company has filed its nine months results ended September 30, 2022. The results showed a revenue of N39 billion in 2022, compared with N54 billion in the corresponding period of 2021. The decline, according to the company, is as a result of a nationwide force majeure (FM) declared by Shell Petroleum…

Securiti, which helps companies manage data privacy, security, governance, and compliance, raised a $75M Series C, bringing its total…

Ron Miller / TechCrunch: Securiti, which helps companies manage data privacy, security, governance, and compliance, raised a $75M Series C, bringing its total funding to $155M — The combination of rapid data growth and expanding data regulations like GDPR and CCPA is putting a lot of pressure on companies to figure … Ron Miller / TechCrunch: Securiti, which helps companies manage data privacy, security, governance, and compliance, raised a $75M Series C, bringing its total funding to…

Forced Labor a ‘Top-Tier’ Compliance Issue, Says U.S. Official

A newly operative U.S. law is imposing major hurdles on the importation of goods from China’s Xinjiang region, the home of China’s Uyghur people and other minority groups. The new law, though criticized by China as being based on “vicious lies,” passed with overwhelming bipartisan Congressional support last year and came into effect in June. Risk & Compliance Journal spoke to Robert Silvers, a U.S. Department of Homeland Security undersecretary who chairs the interagency Forced Labor Enforcement Task…

SOC 2 Type II Compliance: A New Feather in Crypto.com’s Cap

At present, consumers demand security assurances before investing in any kind of enterprise and one of the best ways to provide this assurance is the SOC 2 Type II report. Crypto.com, the world’s fastest-growing cryptocurrency platform, has successfully completed the Service Organization Control (SOC) 2 Type II Compliance audit. It further proves how the company serves best-in-class security and data privacy practices. Deloitte, the infamous audit and consulting firm supervised this inspection. The result confirmed that…

Boeing 787 Exempted From GAGAN Augmentation System Compliance

Last Updated: August 23, 2022, 17:34 ISTBoeing 787, Representative Image (Photo: IANS)Gagan system helps reduce flight delays, save fuel, and improve flight safety. Moreover, it also facilitates aircraft landing at airports The Civil Aviation ministry has exempted Boeing 787 aircraft from GPS-aided GEO Augmented Navigation (GAGAN) augmentation system compliance till 2025. “In exercise of the powers conferred by sub-section (a) of section 26 of the National Civil Aviation Policy, 2016, the Central Government with the…

Stripe has laid off employees behind TaxJar, a tax compliance startup it acquired last year – TechCrunch

Stripe has laid off some of the employees who support TaxJar, a tax compliance startup that it acquired last year, TechCrunch has learned from multiple sources and firsthand documentation. The layoffs — conducted over the last month — are related to Stripe’s decision to wind down TaxJar-focused go-to-market efforts in late July. Sources estimate the number of employees impacted by the workforce reduction is between 45 and 55 folks, at least a portion of whom were invited to take 30 days to apply to internal jobs at…