Search Results for: PRA
The Quindell share price fiasco should not dent faith in the robust Aim market
December 10th, 2014
The AIM market, the London Stock Exchange’s junior market, has been subjected to an unprecedented level of criticism over recent weeks. The fiasco at Quindell, which saw another twist this week, as the company called in PwC to review ...
Melbourne lawyer jailed for 12 years for $12m Ponzi fraud
December 10th, 2014
‘Many of your victims trusted you because you were a family member or friend, you exploited their trust for your own personal gain,’ judge tells Philip Linacre A Melbourne lawyer who stole from grieving widows, a famous musician and ...
Watchdog reshuffle: Zitah McMillan and Victoria Raffe set to leave FCA ahead of Davis report
December 9th, 2014
A drastic shakeup of top positions at the City’s main financial watchdog was announced yesterday, ahead of tomorrow’s release of a damning report on failings at the regulator. The Financial Conduct Authority (FCA) confirmed that executives Zitah McMillan and ...
SEC Sanctions Eight Audit Firms for Violating Auditor Independence Rules
December 9th, 2014
The Securities and Exchange Commission today sanctioned eight firms for violating auditor independence rules when they prepared the financial statements of brokerage firms that were their audit clients. SEC investigations found that the audit firms, which agreed to settle ...
‘Global Islamic Economy Indicator’ introduced
December 8th, 2014
DIEDC launches ‘State of Global Islamic Economy Report’ Dubai Islamic Economy Development Centre (DIEDC), in partnership with Thomson Reuters and in collaboration with the Dinar Standard, has launched the ‘State of the Global Islamic Economy Report (SGIE)’ for the ...
Why Bitcoin Remittance Services Should Leave the ‘Bitcoin’ Part Out
December 8th, 2014
The sister cities of Hong Kong and Macau currently house more than 200,000 migrant Filipinos between them. The breakdown is fairly homogenous in terms of occupation: the largest group consists of 160,000 Filipinas working on Foreign Domestic Helper visas ...
7 risk areas for the 2014 audit cycle
December 5th, 2014
Revenue recognition, internal control over financial reporting, and professional skepticism are among the seven key areas for 2014 audit consideration, according to an alert sent Thursday by the Center for Audit Quality (CAQ). The alert is designed to help ...
Corruption Perceptions Index 2014: RESULTS
December 4th, 2014
Poorly equipped schools, counterfeit medicine and elections decided by money are just some of the consequences of public sector corruption. Bribes and backroom deals don’t just steal resources from the most vulnerable – they undermine justice and economic development, ...
Toyota to recall 190,000 cars in Japan, China over Takata air bags
December 4th, 2014
Toyota Motor Corp (7203.T) said on Thursday it would call back 190,000 more vehicles, mostly in Japan, to replace potentially defective air bags made by Takata Corp (7312.T), the latest in a long line of recalls for the embattled auto ...
Fall of the Bond King: How Gross Lost Empire as Pimco Cracked
December 4th, 2014
Bill Gross, the 70-year-old king of bonds, rushed through the offices of his $2 trillion empire on a Friday morning distributing hand-written notes. He knew his reign was over. The billionaire co-founder of Pacific Investment Management Co. and its ...
