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Solicitor and firm numbers holding up, SRA figures show

March 18th, 2014 (0)
The much-predicted exodus of solicitors and firms from the legal profession has yet to materialise, new Solicitors Regulation Authority figures have revealed. The SRA’s regulated population update showed 3,189 fewer solicitors in March this year compared with the previous ...

Oscar Pistorius trial enters third week; gun dealer says he knew the law

March 18th, 2014 (0)
Opening a third week of testimony, a gun dealer said South African Olympic athlete Oscar Pistorius had to know gun safety laws before purchasing his firearms and getting his gun licenses. Sean Patrick Rens, who sold guns to Pistorius, ...

FCA and Bank of England agree Memorandum

March 18th, 2014 (0)
The Financial Conduct Authority (FCA) and the Bank of England, including the Prudential Regulation Authority (PRA), have agreed a Memorandum of Understanding (MoU) that sets out how they co-operate with one another in relation to the supervision of markets ...

U.S. stocks with Russian exposure rally

March 18th, 2014 (0)
The USA’s exposure to Russia isn’t massive by any stretch, but it is increasing, thanks to a growing middle class in Europe that is snapping up U.S. products, such as cars, fast food, soda and snacks. That’s why any ...

New Zealand consumer mood at nine-year peak

March 18th, 2014 (0)
NZD/USD to refresh this year’s high? Why not? Especially keeping in mind extremely positive data from New Zealand. Another fact that supports another rate hike from RBNZ occurred on Monday, as a report from Westpac Banking Corporation showed consumer ...

HMRC ramps up asset seizures to pay VAT bills

March 18th, 2014 (0)
THE AMOUNT of companies that have had assets seized and sold by HM Revenue & Customs in order to settle VAT bills rose significantly during the recession. According to data obtained by finance provider Syscap, the incidence of asset ...

ASIC fined SuperHelp Australia Pty Ltd

March 18th, 2014 (0)
SuperHelp Australia Pty Ltd (SuperHelp) has paid a $10,200 infringement notice penalty after making potentially misleading statements about the cost of setting up a self-managed superannuation fund (SMSF) using SuperHelp’s administration services. ASIC’s concerns related to a SuperHelp advertisment ...

ASIC: suspension of licence

March 18th, 2014 (0)
ASIC, the Australian Securities and Investment Commissions, has cancelled the Australian financial services (AFS) licence of AIE Fiduciary Services Pty Ltd (AIE) following an application by AIE. The application was made after ASIC raised a number of concerns about ...

Readers Sound Off: Are Leases Debt?

March 18th, 2014 (0)
On the eve of a new accounting standard, readers vigorously debate whether operating leases can be considered leverage. With the world’s leading accounting standards setters on the verge of voting in a new lease accounting regime beginning at a ...

‘Small’ Companies May Be Free of XBRL

March 18th, 2014 (0)
A bill with broad bipartisan support would apply to public companies with less than $250 million in revenue. It’s only an early step in the legislative process, but it’s looking good that “small” public companies won’t have to file ...
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