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Category: policy

DHS to charge migrants granted humanitarian parole $1K fee

The Department of Homeland (DHS) Security on Thursday implemented a new $1,000 immigration fee for migrants paroled in the United States. The goal of the fee is to “institute accountability and prevent rampant fraud of the parole system,” according to a statement from the department’s public affairs office. The fee would also improve oversight of…

Philippines gets $400-M ADB loan for insurance sector

MANILA, Philippines – The Asian Development Bank (ADB) on Tuesday announced a $400-million policy-based loan to help boost the Philippines’ insurance sector by creating an enabling environment for broader participation in the industry. The Insurance Reform Program, Subprogram 1, would support broader financial sector development reforms in regulation and supervision, including greater intermediation of long-term

Focus On The Underserved Sections Of The Society To Deepen Financial Inclusion: RBI Governor Sanjay Malhotra

Speaking at the annual Global Fintech Fest here, Reserve Bank Governor Sanjay Malhotra acknowledged that serving the “privileged” would be a lucrative business, but urged smaller companies to focus on the underserved.

EPFO Cracks Down On Corruption, New Guidelines Alert Staff & Subscribers – Here’s What You Need To Know

EPFO has launched a strict crackdown on corruption, urging users not to pay bribes for any service. It has also introduced easier complaint options and several major system upgrades.