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Deloitte wins ‘Audit Innovation of the Year’ at 2015 International Accounting Bulletin awards

October 5th, 2015 (0)
Deloitte’s commitment to leading the profession in audit quality has been recognized with International Accounting Bulletin’s prestigious “Audit Innovation of the Year” award for its demonstrated dedication to innovation and the development of leading-edge tools to transform audit service delivery. International ...

VW Emissions Probe Zeroes In on Two Engineers

October 5th, 2015 (0)
Volkswagen investigation focuses on two men elevated after Winterkorn was made CEO Two top Volkswagen engineers who found they couldn’t deliver as promised a clean diesel engine for the U.S. market are at the center of a company probe into the ...

How the Big Four have returned to consulting with a bang

October 2nd, 2015 (0)
Whether by acquisition, organic growth or the recruitment of experienced hires, the Big Four have established consultancy groups that singly and collectively are a force to be reckoned with. According to analyst firm Gartner, spending on management consultancy services increased ...

Banks Finalize $1.86 Billion Credit-Swaps Settlement

October 2nd, 2015 (0)
Suit claimed banks conspired to prevent competition Wall Street’s biggest banks have agreed to pay $1.86 billion to settle accusations that they conspired to prevent competition in the credit-derivatives markets, according to plaintiff lawyers in the private lawsuit. Twelve ...

UBS Unit to Pay $34 Million in Settlements Over Puerto Rico Bond Funds

September 30th, 2015 (0)
Settlements stem from former broker who had customers invest borrowed money in the funds A unit of UBS Group AG agreed to pay roughly $34 million in settlements with U.S. regulators regarding the sale of Puerto Rico bond funds ...

Euro area annual inflation down to -0.1%

September 30th, 2015 (0)
Euro area annual inflation is expected to be -0.1% in September 2015, down from 0.1% in August 2015, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro ...

VW Close to Diesel Fix as Sales of Rigged Cars Halted

September 30th, 2015 (0)
Sales halted in Spain, Switzerland, Italy and the Netherlands Volkswagen to inform customers soon of plans for repairs Volkswagen AG will start fixing emissions systems that cheated on pollution tests as soon as October, as sales of vehicles with ...

BoE Chief Economist: Blockchain-based Digital Currency Issued by Central Banks Could Replace Cash

September 29th, 2015 (0)
In a talk given at the Portadown Chamber of Commerce in Northern Ireland on September 18, Andrew G Haldane , Chief Economist at the Bank of England (BoE), has hinted at the possibility that the U.K. government might issue a digital currency. Though ...

ORC appoints new regional management to support growth in the Americas

September 29th, 2015 (0)
Orc, the global market leader in electronic trading technology for listed derivatives, today announced management changes to support growth in the Americas region. Orc has appointed Jesper Alfredsson as President Orc Americas and Oscar Jönsson as Vice President Sales, ...

ESMA readies MiFID II, MAR, and CSDR

September 28th, 2015 (0)
The European Securities and Markets Authority (ESMA) today published its final technical standards (TS) on some of the most important pieces of post-crisis financial regulation: the Markets in Financial Instruments Directive (MiFID II), the Market Abuse Regulation (MAR) and the Central Securities Depositaries Regulation(CSDR). ...
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