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The 25 financial events that shaped the year 2015
December 30th, 2015
As we are close to move from year 2015 to year 2016, OneStopBrokers has collected and presents the major Financial events happened in 2015. 2015 was a year that the Eurozone was almost collapsed. We all witnessed a possible ...
UAE leads Middle East’s internet economy
December 28th, 2015
Country stands at the forefront of the ‘internet of Things’ revolution, BCG says The UAE leads the Middle East when it comes to the maturity of the internet economy, according to The Boston Consulting Group (BCG)’s 2015 e-Intensity Index ...
FSA Japan issued disciplinary action against Ernst & Young Japan
December 28th, 2015
The Financial Services Agency (FSA) of Japan, has issued a press release to inform regarding disciplinary action against an Audit firm and Certified Public Accountants On December 22, 2015, the FSA issued an administrative order to Ernst & Young ...
ICAP and Playtech announced Directorate Change
December 28th, 2015
ICAP plc, a leading markets operator and provider of post trade risk mitigation and information services, announces today that independent non-executive director Diane Schueneman will resign from the Board on 31 December 2015 to concentrate on other commitments. ...
EY’s Japanese arm fined £11.6m by regulator over Toshiba failings
December 23rd, 2015
Japan’s financial regulator has fined EY’s Japanese affiliate ¥2.1bn (£11.6m) over the firm’s failure to identify accounting irregularities at Toshiba which meant the electronics giant overstated profits by some £780m over at least six years – The fine is ...
Commodity losses
December 18th, 2015
Markets have been extraordinarily complacent about the bad debts building up in the financial system. In the wake of the Fed’s decision to raise interest rates this week, the effect on debt was barely mentioned in the subsequent analysis ...
KPMG UK announces 2.6% growth in revenues to £1.96bn
December 18th, 2015
The firm invested almost £200m in acquisitions, property and staff training Tax and audit were the firm’s highest earning services The firm, its partners and employees paid £786m in taxes KPMG, the professional services firm providing audit, tax and ...
Suspension of Licence of JFP Investments (SICAV) plc
December 17th, 2015
On 14 December 2015, the Malta Financial Services Authority (‘the Authority’) has, on regulatory grounds, suspended with immediate effect, the Collective Investment Scheme Licence of JFP Investments (SICAV) plc (“the Scheme”) in respect of JFP Emerging Europe Momentum Fund (“the Sub-Fund”). After ...
Which of Australia’s biggest companies are not paying tax
December 17th, 2015
Out of 1539 of Australia‘s largest corporate entities, 38 per cent did not pay any tax in 2013-14. Tax Commissioner Chris Jordan has released the tax details of corporate entities with $100 million or more annual turnover – 985 of which are ...
KPMG in hot water over HBOS collapse
December 16th, 2015
The “big four” auditing firm KPMG has found itself under renewed pressure over its role in signing off HBOS’s books in the years before the bank collapsed. The Bank of England/Financial Conduct Authority report did not specifically evaluate KPMG’s ...
