Search Results for: Audi
Court day for the Tesco bosses in £326m accounting scandal
May 30th, 2017
Three former Tesco executives are set to appear in court in relation to its £326million accounting scandal. Carl Rogberg, 49, Chris Bush, 50, and John Scouler, 48, have been charged with fraud by abuse of position and false accounting. ...
Financial Penalties Imposed on Credit Suisse and UOB for 1MDB-Related Transactions
May 30th, 2017
The Monetary Authority of Singapore (MAS) announced today that it has completed its two-year review of banks involved in 1MDB-related transactions known to-date. In its latest regulatory actions, MAS has imposed financial penalties on Credit Suisse and United Overseas ...
ASIC cancels Gallop International’s Australian financial services licence
May 29th, 2017
ASIC has cancelled the Australian financial service licence (AFS) licence of Gallop International Group Pty Ltd, formerly known as Weather Pro Exchange Pty Ltd (ACN 147 664 551) (Gallop). The cancellation of the AFS licence is effective from 24 May 2017. ...
Oil falls as U.S. drilling undermines drive to tighten markets
May 29th, 2017
Oil prices fell on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply. Trading activity will be subdued on Monday due to public holidays in China, the United States and Britain. Brent crude ...
Oil drops after OPEC-led output cut extension falls below expectations
May 26th, 2017
Oil extended falls on Friday after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger supply curbs. At Thursday’s meeting in Vienna, the Organization of the Petroleum ...
KPMG UK incoming Chairman announces leadership team
May 25th, 2017
KPMG UK has issued a press release to inform that Bill Michael, KPMG UK’s Chair-Elect, has today announced his leadership team with effect from 1st October 2017. Bill was elected by the firm’s partners on 2nd March 2017 and ...
ASIC suspended Firm’s financial services licence
May 23rd, 2017
Australian financial services licence suspended for failing to lodge financial statements ASIC has suspended the Australian financial services (AFS) licence of NSW-based Divitiarum Audax Pty Limited (‘Divitiarum Audax’) from 8 May 2017 for failing to lodge financial statements and ...
Oil prices fall as White House proposes U.S. oil reserve sales
May 23rd, 2017
Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country’s strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market. Brent crude futures LCOc1 were ...
Oil climbed toward $51 a barrel
May 22nd, 2017
Crude rises after Saudi Arabia says agreement reached on cuts Pound drops after U.K. threatens to quit Brexit negotiations Oil advanced a fourth day in the build up to OPEC’s gathering in Vienna this week, as speculation grows that ...
EBA consults on its guidance for the use of cloud computing
May 19th, 2017
The European Banking Authority (EBA) launched today a consultation setting out its guidance for the use of cloud service providers by financial institutions. The EBA Recommendations intend to clarify the EU-wide supervisory expectations if institutions intend to adopt cloud ...