Audit trail for business compliance / Lessons from London Summit / Nepal tax exemption case

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How audit trail can lead to increased compliance and transparency.  “Once having an integrated and secure audit trail in place, collected and aggregated logs can be used for different business purposes i.e. regulatory compliance that ensures your recorded logs comply with existing stadnards and regulations, business analysis that helps you analyze over gain or loss, and data integration that allows you to recontstruct the data.”

Kapil Rana/Economic Times: https://economictimes.indiatimes.com/small-biz/legal/how-audit-trail-can-lead-to-increased-compliance-and-transparency/articleshow/83659127.cms

 

Five Years Later: Four Lessons We Learned from the London Anti-Corruption Summit (Blog).  “It’s been five years since the United Kingdom hosted the London Anti-Corruption Summit, where 43 governments made over 600 pledges to tackle corruption... The designers of the upcoming US-hosted Summit for Democracy can send a clear message that any anti-corruption – or other – pledges that invited countries plan to make should be discussed with civil society in advance and embedded into national implementation plans, such as OGP action plans, afterwards.”

Kate Meads and Joe Powell/Open Government Partnership: https://www.opengovpartnership.org/stories/five-years-later-four-lessons-we-learned-from-the-london-anti-corruption-summit/  

 

CIAA files Rs 1.33 billion graft case against three persons including Chudamani Sharma.  “[Nepal’s] Commission for the Investigation of Abuse of Authority (CIAA) has filed Rs 1.33 billion (approx. US$ 11 mil) graft case against three persons in ‘irregularities’ involving the Tax Settlement Commission…[for] exempting tax going beyond the jurisdiction…on the basis of mutual negotiations.”

Nepal Live Today: https://www.nepallivetoday.com/2021/06/23/ciaa-files-rs-1-33-billion-graft-case-against-three-people-including-chudamani-sharma/  

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