The Malawian Banking Act 2010 and Financial Services Act 2010 require that external auditors of Malawian banks should perform extra duties on behalf of Central Bank in additional to specific duties outlined in the Malawi Companies Act 1984 and International Standards on Auditing (ISAs). The...

Staff retrenchment is one the contentious legal battle an acquirer probably faces because acquired firms so often had run into financial problems and had to lay off some employees who might have been challenging employer’s decision during business combination process. Such legal exposure...