Search Results for: Allen
IFSB issues paper on Islamic Finance Regulation
November 11th, 2014
The Working Paper is issued in parallel to the Exposure Draft (ED-17) of the Standard on Core Principles for Islamic Finance Regulation (Banking Segment), and provides the background and wider context for the Standard that is under preparation by ...
No Longer Business as Usual in China
November 10th, 2014
With heads of state and corporate chieftains in Beijing for a major economic summit meeting this week, China’s increasing economic nationalism is expected to be heavily debated. China is changing the rule book for business, forcing multinational companies to ...
Former Moore Capital trader pleads guilty to insider dealing
November 10th, 2014
In a case brought by the Financial Conduct Authority (FCA) Julian Rifat a former senior execution trader at Moore Capital Management LLC has today pleaded guilty to an indictment reflecting 8 instances of insider dealing. Profits from the dealing exceeded ...
Oil price slide threatens energy subsidies in Arabian Gulf states
November 10th, 2014
Low oil prices may lead Arabian Gulf states to issue additional debt and cut energy subsidies, according to the ratings agency Standard and Poor’s. “If there’s a prolonged oil price correction, corporate and government-related entities may have to change ...
Interview with Benoît Cœuré, ECB
November 10th, 2014
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Theano Theiopoulou (Phileleftheros newspaper) on 9 November 2014 1. Why was banks’ participation in the ECB’s targeted longer-term refinancing operations (TLTROs) lower than expected? There ...
HMRC: 10 tax avoidance danger signs
November 10th, 2014
HM Revenue and Customs (HMRC) has alerted people to the tricks employed by tax avoidance scheme promoters. The note sets out the risks people face when they sign up to tax avoidance schemes with these including not only the ...
Philippines Responds To Businesses’ VAT Refund Concerns
November 7th, 2014
The Philippines tax authority has said that it will process value-added tax refund and credit claims within 120 days of an application, in response to an outcry from businesses about recent Revenue Memorandum Circular (RMC) No. 54-2014, which clarified ...
ASIC announces financial report
November 7th, 2014
ASIC today announced its areas of focus for 31 December 2014 financial reports of listed entities and other entities of public interest with many stakeholders. ‘Directors and auditors should focus on values of assets and accounting policy choices, which ...
Ukraine to Freeze Payments in Separatist Areas
November 6th, 2014
Ukraine’s prime minister said Wednesday that the government would freeze payments it had been sending to parts of eastern Ukraine even after the areas had fallen under the control of pro-Russian separatists. The move threatens to worsen already dire ...
UK banks face break-up threat as competition probe launched
November 6th, 2014
Britain’s big banks could be broken up after the country’s competition watchdog launched a full-blown investigation into services for small business customers and personal accounts because of a lack of competition. It marks the latest step by authorities to break the dominance of ...
