Updates

FIRS Launches Self-Service Stations in Its Tax Offices

February 10, 2022/FIRS To increase voluntary tax compliance, the management of the Federal Inland Revenue Service (FIRS) has introduced “Self-Service Stations” where taxpayers can file tax returns, pay taxes, apply for and validate Tax Clearance Certificates among other services, by themselves on online platforms located in FIRS tax offices across […]

SEC Obtains Partial Summary Judgment Against Portfolio Manager for Misrepresenting Risk Management in Mutual Fund

February 10, 2022/US SEC On February 4, 2022, Judge William M. Conley of the United States District Court for the Western District of Wisconsin granted in part the SEC’s motion for summary judgment against Edward S. Walczak, a former mutual fund portfolio manager who the SEC alleged fraudulently misrepresented to […]

SEC Proposes Rule Amendments to Modernize Beneficial Ownership Reporting

Proposed rules would improve transparency and provide more timely information for shareholders and the market February 10, 2022/US SEC The Securities and Exchange Commission today announced that it proposed rule amendments governing beneficial ownership reporting under Exchange Act Sections 13(d) and 13(g). The proposed amendments would update those rules to […]