Search Results for: PRA
Taking Systemic Risk Seriously
June 30th, 2014
There are two leading views about the world’s financial system. The first, heard mostly from executives at leading global banks and their allies, is that the system is safer than it has ever been. According to this view, the ...
Offshore Tax Crackdown Opens With 30% Penalties for Banks
June 30th, 2014
The Internal Revenue Service is about to get an unprecedented look at bank accounts and investments U.S. citizens hold abroad, through a law that is making it harder to hide assets from the tax collector. Tomorrow, the U.S. government ...
Global M&A at seven-year high as big corporate deals return
June 30th, 2014
Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far in 2014, raising year-to-date global deal volumes to their highest level in seven years. Corporate ...
Supreme Court enshrines privacy of smartphones
June 26th, 2014
US police must obtain a warrant to search a suspect’s smartphone after the Supreme Court ruled on Wednesday that constitutional privacy protections apply to the often extensive data people keep on the devices in their pockets. In a unanimous ...
Google Removes Search Results in Wake of EU Privacy Case
June 26th, 2014
Google Inc. (GOOGL) has started removing some search results in the European Union after an EU court told it last month to respond to requests by people seeking the “right to be forgotten.” The world’s largest search provider has ...
Small business bill: HMRC to share VAT data with credit agencies
June 26th, 2014
Under the guise of increasing access to finance, the government brought forward proposals to make VAT registration data available to third parties in the Small Business, Enterprise and Employment Bill published yesterday. As previewed in the Queen’s speech, the ...
When Should You Give Investors Their Money Back?
June 26th, 2014
The economic goal of every business leader is to create value for shareholders; it’s what you are paid to do. If you don’t expect to earn returns that exceed the cost of capital borne by shareholders, you ought to ...
Accountants continue to fail in marketing activities
June 25th, 2014
Accountancy firms continue to fall short in their marketing activities, with large numbers failing to monitor activities. Research from technology provider Wolters Kluwer found less than a third (29.9%) of firms have dedicated marketing or business development staff, but ...
Andy Coulson guilty over phone hacking as Rebekah Brooks walks free
June 24th, 2014
David Cameron’s former communications chief Andy Coulson is facing jail after being found guilty of conspiring to hack phones while he was editor of the News of the World. Rebekah Brooks, his predecessor in the job, walked free from ...
Rule Field Test Foretells Crunch in Closing the Audit
June 24th, 2014
Field testing of a proposed expansion of the auditor’s report suggests the new requirements will produce a new crunch in the closing phase of the audit, and auditors will need some additional guidance to assure they focus on the ...
