Search Results for: ASIC
Euro area bank interest rate statistics: March 2015
May 6th, 2015
• The composite cost-of-borrowing indicator for new loans to corporations remained unchanged at 2.34% in March 2015. • The composite cost-of-borrowing indicator for new loans to households for house purchase decreased by 8 basis points from the previous month ...
Experts Are Warning That The 76 Trillion Dollar Global Bond Bubble Is About To Explode
May 5th, 2015
Warren Buffett believes “that bonds are very overvalued“, and a recent survey of fund managers found that 80 percent of them are convinced that bonds have become “badly overvalued“. The most famous bond expert on the planet, Bill Gross, ...
Former Wickham Securities CEO charged
April 30th, 2015
The former CEO of collapsed debenture issuer Wickham Securities Ltd today faced court charged with various offences, including fraud, following an ASIC investigation. Garth Peter Robertson, 49, of Brisbane, Queensland, appeared in the Brisbane Magistrates Court charged with 10 ...
Accounting threshold shifts risk lasting damage to audit profession
April 29th, 2015
Earlier this month, on 6 April, a new EC directive quietly slipped into force. The less than snappily titled Companies, Partnership and Groups (Accounts and Reports) Regulations 2015 – the UK’s implementation of the EU Accounting Directive – passed onto the ...
Twitter Reports First Quarter 2015 Results; Lowers Full-Year 2015 Expectations
April 29th, 2015
Twitter, Inc. (NYSE: TWTR) today announced financial results for the quarter ended March 31, 2015, and outlined lower 2015 expectations. Q1 revenue of $436 million, up 74% year-over-year, slightly below the previously forecast range of $440 million to $450 ...
Fitch Downgrades Japan to ‘A’; Outlook Stable
April 27th, 2015
Fitch Ratings has downgraded Japan’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘A’ from ‘A+’. The issue ratings on Japan’s senior unsecured foreign and local currency bonds are also downgraded to ‘A’ from ‘A+’. The Outlooks ...
FX broker Advanced Markets clarifies its AFS licence
April 24th, 2015
Following concerns raised by ASIC, Advanced Markets Ltd (Advanced Markets) has agreed to make changes to its website (www.advancedmarketsfx.com). The changes relate to statements which may have been misunderstood as implying that ASIC regulates all financial services provided by ...
Central Bank of Germany issued April Monthly Report
April 22nd, 2015
Structural developments in the German banking sector The financial and sovereign debt crisis which has afflicted the euro area for more than seven years now has clearly left a mark on the financial market, having forced monetary policymakers to ...
OECD Taxing Wages 2015 Report
April 14th, 2015
Taxes on wages have risen by about one percent for the average worker in OECD countries between 2010 and 2014, even though the majority of governments did not increase statutory income tax rates, according to the Organisation for Economic ...
8 Steps to Stronger Information Risk Management
April 7th, 2015
How CFOs can balance the risk/reward equation to sparks CEOs interest in information risk management decisions? Believe me, I know how hard it is to get funding to strengthen your information risk management program. Ask pretty much any CEO to find ...