Search Results for: Financial Stability Board
Commerzbank publishes 2014 Annual Report
March 18th, 2015
In the 2014 financial year Commerzbank attained an operating profit of EUR 684 million. The net profit of the Bank increased in the year under review to EUR 264 million, following on from EUR 81 million in the previous ...
Efficiency failures putting UK law firms at risk
March 18th, 2015
Flat profit margins and high lockup weakening financial stability, survey finds Small to mid-sized UK law firms have enjoyed a year of sustained economic improvement, according to a new financial benchmarking report. The survey found that, while fees and ...
Bank of Japan: Statement on Monetary Policy
March 17th, 2015
At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by an 8-1 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank of Japan will ...
Speech by Hans Hoogervorst: ‘Bad accounting breeds bad policies’
March 16th, 2015
Speaking today at the NAPF Investment Conference in Edinburgh, Scotland, Hans Hoogervorst, Chairman of the International Accounting Standards Board (IASB), said everybody is best served by accounting that reflects the economic reality, even if it makes for uncomfortable reading. ...
ESMA sees continued tense securities market conditions
March 12th, 2015
The European Securities and Markets Authority (ESMA) has published its Report No. 1, 2015 on Trends, Risks and Vulnerabilities in European Union (EU) securities markets, covering market developments from July to December 2014. The report finds that market conditions in the ...
France wins EU approval for two-year reprieve on deficit
March 11th, 2015
European finance ministers on Tuesday approved a controversial two-year extension for France to get its deficit within the bloc’s limits, despite accusations that bigger member states are treated more leniently than smaller ones. They formally accepted assessments by the ...
International and regional bodies that combat money laundering (Part A)
February 24th, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
Bank of Japan: Statement on Monetary Policy
February 18th, 2015
1. At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by an 8-1 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank ...
Bank of Indonesia Rate Lowered by 25 bps to 7.50%
February 17th, 2015
On 17th February 2015, the Bank Indonesia Board of Governors decided to lower the BI Rate 25 bps to 7.50%, with the Deposit Facility rate also reduced 25 bps to 5.50% and the Lending Facility rate maintained at 8.00%, effective ...
ESMA publishes annual report and supervisory focus for CRAs and TRs
February 17th, 2015
The European Securities and Markets Authority (ESMA) has published today an annual report (Report) on its direct supervisory activities in 2014 regarding credit rating agencies (CRAs) and trade repositories (TR). The report summarises the key actions taken during 2014 ...
