Search Results for: PRA
The gap between accountants and clients
July 7th, 2014
I was intrigued to read some new and original research published by Robert Craven of The Directors’ Centre, reports Mark Lee. Craven is no stranger to AccountingWEB. My interview with him in 2012 about his book, ‘Grow Your Service ...
Companies attacked for ‘potentially misleading’ debt collection letters
July 4th, 2014
A string of banks and utilities have today given details of how they sent letters to customers under other names. This is a practice that is being criticised by some consumer campaigners and MPs as potentially misleading. The letters ...
Revealed: the banks using ‘pseudo’ solicitor firms to make debtors pay up
July 4th, 2014
Britain’s high-street banks are routinely issuing legal demands from what appear to be independent firms of solicitors designed to make struggling borrowers pay up. Yet the firms are not regulated by the legal profession’s watchdog, and are simply names ...
New regulation of financial advisers providing tax advice in Australia
July 3rd, 2014
From 1 July 2014, the Tax Practitioners Board (TPB) regulates financial advisers who provide tax (financial) advice services under the Tax Agent Services Act 2009 (Cth) (TASA). Until now, financial advisers have been exempt from the TASA regime. Financial ...
American Express ‘Take It or Leave It’ Rule Goes on Trial
July 3rd, 2014
American Express Co. (AXP) drives a hard bargain with businesses that want to attract its affluent cardholders: treat the card like any other form of payment despite higher processing costs if you want those customers. The lender prohibits businesses ...
Irishman fined €2,000 for Facebook ‘frape’
July 2nd, 2014
An Irish court has brought the first prosecution for criminal damage to a social media account, fining a man €2,000 for falsely posting an offensive status update on his ex-girlfriend’s Facebook account. Referred to by the slang term to ...
Green Action plan for SMEs
July 2nd, 2014
It is time for SMEs to turn sustainability challenges into opportunities. Accountants can make both the short and the long-term case for sustainability, says global accountancy body. Despite the importance of small and medium-sized enterprises (SMEs) to the world ...
Central Bank sells 11% stake
July 2nd, 2014
The Central Bank of Russia announced the sale of an 11% stake in Moscow Exchange to the market. The sale is in line with the Central Bank”s obligation to completely exit the shareholder capital of Moscow Exchange by 1 ...
After BNP, U.S. targets on more banks
July 1st, 2014
BNP Paribas’ guilty plea and agreement to pay nearly $9 billion for violating U.S. sanctions is part of a larger U.S. Justice Department shift in strategy that is expected to snare more major banks and other firms across the ...
The Sterner, Stricter SEC
July 1st, 2014
As Mary Jo White sees it, the Securities and Exchange Commission’s job is to patrol Wall Street and Main Street and catch financial fraudsters. Since becoming the agency’s chair in April 2013, White, a former federal prosecutor and defense ...
