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SRA hints at rethink on compliance roles

September 4th, 2014 (0)
The Solicitors Regulation Authority has hinted that it will reform its compliance officer scheme – just 20 months after the roles were introduced. In a speech this morning, the regulator’s chief executive Paul Philip said the review of the ...

Bank of England Resists Change to Interest Rate

September 4th, 2014 (0)
To raise or not to raise, that is the question — in Britain, at least. On Thursday, nearly a month after two monetary policy makers at the Bank of England broke ranks from the majority and voted to raise ...

Poroshenko Flummoxes Investors With About-Face on Truce

September 4th, 2014 (0)
Ukraine’s leader sent financial markets into turbulence as he backtracked on talk of an end to five months of violence in his nation’s east. President Petro Poroshenko announced yesterday that he’d hammered out a deal with Vladimir Putin to ...

The Exaggerated Death of Inflation

September 3rd, 2014 (0)
Is the era of high inflation gone forever? In a world of slow growth, high debt, and tremendous distributional pressures, whether inflation is dead or merely dormant is an important question. Yes, massive institutional improvements concerning central banks have ...

Bank Seizure Leaves Bulgarians Stranded

September 3rd, 2014 (0)
What seemed at first to be a short-term banking crisis is looking more like a chronic condition. But the name of the affliction probably does not matter as much to companies and consumers as the money, about $4 billion ...

Canada seeks to become Renminbi (RMB) trading centre for the Americas

September 2nd, 2014 (0)
The Toronto Financial Services Alliance (TFSA) and AdvantageBC has announced they would work together, with officials from the federal, Ontario and BC governments, and the financial industry, to promote Canada as a trading hub for the Chinese currency, the ...

In tough times, contractors turn to creative marketing campaigns

September 1st, 2014 (0)
In the best of times, selling to the government is not an easy task. In the worst of times, it’s even harder. As federal budgets shrink and competition intensifies, contractors are battling it out not only for dollars, but ...

FCA warns against boiler room clone firm

September 1st, 2014 (0)
Financial Conduct Authority (FCA), the British regulator has issued a warning against boiler room “City Equities Ltd” (www.cityeq.com), informing the investors that the company appears as the clone firm of the FCA regulated firm, “City Equities Limited” (www.cityequities.com). Fraudsters ...

Abenomics, European Style

September 1st, 2014 (0)
Two years ago, Shinzo Abe’s election as Japan’s prime minister led to the advent of “Abenomics,” a three-part plan to rescue the economy from a treadmill of stagnation and deflation. Abenomics’ three components – or “arrows” – comprise massive ...

Weak data to test BOJ’s rosy economic view, policy on hold

September 1st, 2014 (0)
The Bank of Japan will maintain its existing stimulus policy and optimistic economic view on when it meets on Thursday, sources say, preferring to take more time to gauge whether a run of weak data is sufficient to threaten ...
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