Search Results for: Financial Reporting Council
ACCA-Grant Thornton: Auditors need to adapt and constantly innovate
November 24th, 2016
There are challenges ahead and the profession has a choice of embracing them or being left behind – were the main conclusions of a joint ACCA-Grant Thornton conference recently held in Brussels In today’s world, everything is in constant ...
SEC Chair Mary Jo White Announces Departure Plans
November 15th, 2016
SEC Chair Mary Jo White, after nearly four years as the agency’s head, today announced that she intends to leave at the end of the Obama Administration. Under Chair White’s leadership, the Commission strengthened protections for investors and the ...
ESMA Sees Risk Outlook Deteriorate For EU Securities Markets
August 31st, 2016
The European Securities and Markets Authority (ESMA) latest risk report has found that the overall assessment of risk levels in EU markets under its remit remains unchanged. Market and credit risks remain very high – the highest level – while liquidity ...
World Bank shake-up yields only half Kim’s target of $400m savings
August 30th, 2016
The World Bank is set to make net savings that are half the size of a much-touted $400m target as administrative costs rise on a surge in lending, despite a contentious reorganisation pushed through by Jim Yong Kim, its ...
Even Hedge Funds Can’t Understand Today’s Manipulated Markets
August 16th, 2016
One of the big surprises of the past few years is the number of brand-name hedge funds reporting terrible results. Their customers are not amused: Hedge Funds Are Losing Endowments After Exodus of Pensions (Bloomberg) – ...
Gold demand resilient in 2015 as central banks and consumers spur strong H2 recovery
February 11th, 2016
Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start to the year, gold demand rebounded in the second half ...
European Commission presents new measures against corporate tax avoidance
January 29th, 2016
European Commission has issued a press release to inform on a proposal for Fair Taxation. As stated, proposals aim for a coordinated EU wide response to corporate tax avoidance, following global standards developed by the OECD last autumn. New ...
QNB Group enters into definitive agreement with National Bank of Greece to acquire its 99.81% stake in Finansbank – Turkey
December 22nd, 2015
QNB Group, the largest financial institution in Qatar and the Middle East and North Africa Region, announces that it has entered into a definitive agreement with National Bank of Greece for the acquisition of its entire stake comprising 99.81% ...
Head of Hong Kong-based brokerage Guotai is missing
November 24th, 2015
Head of Hong Kong-based brokerage Guotai Junan International ‘missing’ in case linked to probe of CSRC vice-chairman Shares hammered, closing down more than 12 per cent, after company says it has been unable to contact chairman since Wednesday The ...
10 countries hoarding enormous mountains of gold
November 16th, 2015
Say what you want about gold. But central banks just can’t get enough of the yellow metal. For the third quarter of 2015, central banks continued to bulk up their gold reserves, adding 175 tonnes to official reserves, according to the ...
