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JPMorgan begins to provide consumer help under $13 billion settlement

July 22nd, 2014 (0)
JPMorgan Chase & Co has begun to provide the debt forgiveness and other help to struggling homeowners under last year’s $13 billion accord with federal and state authorities, though it has only turned over a handful of details, a ...

The Real Reason Banks Don’t Like Bitcoin

July 22nd, 2014 (0)
Banks are reluctant to work with bitcoin, that fact has been well known in the community for some time. Until now, though, few concrete reasons have been given as to why. New statements from a senior banking practitioner in ...

Sweden Calls For EU Ruling On Bitcoin Taxation

July 22nd, 2014 (0)
Sweden has asked the European Union to provide definitive rules on the Value Added Tax treatment of cryptocurrencies, such as Bitcoin, after concerns raised by the nation about the UK’s revised position, issued in March. On June 2, 2014, ...

ASIC acts on licensees failing to lodge annual statements

July 22nd, 2014 (0)
A proactive ASIC review of Australian financial services (AFS) licensees that failed to lodge audited annual statements has led to ASIC cancelling eight AFS licences. ASIC reviewed the conduct of 72 AFS licensees operating in the financial advice industry ...

Hong Kong Leads Asian Equities Higher

July 22nd, 2014 (0)
Asian stocks advanced, with the regional benchmark index on course for its highest close in six years, as investors bet rising tensions in Ukraine over the shooting down of a jetliner won’t curb global economic growth. Aluminum Corp. of ...

Key questions for audit committees to ask about internal audit

July 22nd, 2014 (0)
An effective relationship between the audit committee and internal auditors is fundamental to the success of the internal audit function. It has become increasingly important for audit committees to assess whether internal auditors are monitoring critical controls and identifying ...

Russian Billionaires in ‘Horror’ as Putin Risks Isolation

July 21st, 2014 (0)
Russia’s richest businessmen are increasingly frantic that President Vladimir Putin’s policies in Ukraine will lead to crippling sanctions and are too scared of reprisal to say so publicly, billionaires and analysts said. If Putin doesn’t move to end the ...

Policymakers warned of persistent risks as accountancy bodies publish five-year “healthy check” of the global economic recovery

July 21st, 2014 (0)
Threats to long term economic stability remain as countries recover from the global economic crisis, according to a five year review of finance professionals’ economic insights. Any recovery may also be limited to just a few “islands of financial ...

UK Serious Fraud Office to launch forex market manipulation probe

July 21st, 2014 (0)
The UK’s Serious Fraud Office (SFO) is reportedly planning to launch the criminal investigation into alleged manipulation of the $5.3trn-a-day foreign-exchange (forex) market. Unnamed sources with the knowledge of matter were quoted by The Financial Times as saying that ...

Europe Stocks Fall With Russia, Commodites; Rupiah Gains

July 21st, 2014 (0)
European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Indonesia’s rupiah strengthened. ...
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