Search Results for: PRA
FCA restricts distribution of CoCos to retail investors
August 5th, 2014
The Financial Conduct Authority (FCA) will restrict firms from distributing contingent convertible securities (CoCos) to the mass retail market from 1 October 2014. CoCos are highly complex and the FCA believes they are unlikely to be appropriate for the ...
Tax Inversion: What’s the Real Story?
August 5th, 2014
Tax inversion is turning the country inside out. Although the rhetoric flying back and forth is complex, the basic premise is actually quite simple: Multi-national corporations that are reaping profits after taking advantage of favorable U.S. laws are relocating ...
Samsung Electronics China supplier to resume business after child labor allegations
August 5th, 2014
A Chinese subsidiary of Shinyang Engineering Co Ltd (086830.KQ) will resume supplying parts to Samsung Electronics Co Ltd on Tuesday, a Shinyang official said, less than a month after business ties were suspended over child labor allegations. In July, ...
Alibaba Has a Computing Cloud, and It’s Growing, Too
August 5th, 2014
Alibaba, the Chinese e-commerce giant, has a growing cloud computing business and a hunger for American companies. And soon, it will most likely have a large amount of cash. Will it take on the American cloud giants? It would ...
ICAEW and CISI launch Diploma in Corporate Finance in Cyprus
August 4th, 2014
ICAEW and the CISI have launched a diploma in Corporate Finance. The only specialist diploma of its kind, the qualification will be delivered by the Cyprus International Institute of Management and is aimed at establishing and maintaining the highest ...
Nikkei Previews: run against them to get your face ripped off!
August 4th, 2014
Japanese second quarter results season peaked last week with the Nikkei newspaper playing its role as broadcaster of results days in advance of the actual company announcements. Japanese regulators continue to turn a blind eye to the now common ...
China regulator says Microsoft should not obstruct anti-trust probe
August 4th, 2014
Microsoft Corp (MSFT.O) should not obstruct an anti-trust investigation by Chinese regulators, the State Administration for Industry and Commerce (SAIC) said on Monday, the latest shot fired by China’s government at the U.S. software giant. The SAIC has questioned ...
Corporation tax and CGT
August 1st, 2014
Summarize of the key measures in Finance Act 2014, Andrew Goodall sets out the main corporation tax and capital gains tax provisions in part one of the act. Corporation tax Rates Finance Act 2013 fixed the main rate for ...
India to face a new technique for gold
August 1st, 2014
India is scrambling to crack down on a new gold smuggling tactic that it fears could accelerate a flood of illegal imports of the precious metal into the world’s second-biggest buyer. India — whose appetite for gold is only ...
CFPB rules U.S. banks on $30 Billion in excess fees
August 1st, 2014
The $30 billion banks collect in overdraft fees each year may shrink as the U.S. Consumer Financial Protection Bureau imposes rules aimed at shielding customers from harm. The agency, which issued a study on the fees yesterday, is also ...
