Search Results for: ICE
How internal audit can meet growing expectations
July 8th, 2014
Broadening duties in a rapidly changing business environment make it imperative for the internal audit profession to evolve, according to a new research report. Although audits of operations still make up the largest portion of internal audit plans for ...
U.A.E. Bank Rules, EU Bank Legal Fees, Tibor: Compliance
July 8th, 2014
The United Arab Emirates may amend rules governing bank lending against shares after reviewing June’s stock price swings in Dubai and Abu Dhabi, the market regulator said yesterday. Representatives of the Securities and Commodities Authority, the central bank and ...
FCA warning against unauthorised firm
July 8th, 2014
The Financial Conduct Authority (FCA), the British financial regulator, has issued a warning informing the investors that “Anglo Wealth Limited t/a Anglo Wealth Investments” (www.anglowealth.com) is not permitted to provide any financial services or products. FCA points out that ...
Bank of Communications Designated as Clearing Bank for Won-Yuan Trading
July 8th, 2014
The People’s Bank of China has appointed the Bank of Communications Ltd. as a clearing bank for the direct won-yuan trading in Korea. Chinese President Xi Jinping and his Korean counterpart President Park Geun-hye had agreed on the 3rd ...
Swiss banks threaten freeze on US accounts over tax evasion
July 8th, 2014
Several Swiss banks have threatened to freeze American clients’ accounts unless they prove they are, or take steps to become, tax compliant, as the country’s lenders hurry to resolve a tax evasion dispute with the US. The moves – ...
Canada-Dollar Bears Turn Bullish First Time in 16 Months
July 8th, 2014
Speculators have reversed bets that helped make the Canadian dollar the worst performer in the developed world, with sentiment swinging in the currency’s favor for the first time in 16 months as inflation quickens. Futures wagers by hedge funds ...
Judge Denies Madoff Trustee Recovery of Foreign Transfers
July 8th, 2014
Transfers made abroad between a foreign transferor and a foreign transferee cannot be recovered by the trustee administering the estate of Bernard L. Madoff Investment Securities, a federal judge has ruled. Dealing a win to foreign banks and investment ...
Australia accused of breaking law after returning asylum seekers to Sri Lanka
July 8th, 2014
Australia has been accused of breaking international law and violating the refugee convention after returning a group of 41 Sri Lankan asylum seekers who attempted to reach the country by boat directly into the hands of the Sri Lankan ...
FX Volatility Remains Low, says Deutsche Bank
July 8th, 2014
Volatility in the foreign-exchange market will stay near quarter-century lows this summer before a potential late-year “shock,” according to Deutsche Bank AG’s Alan Ruskin. “The market is extremely complacent and we will get some sort of shock, probably in ...
Yen Holds Biggest Gain in a Week on Stock Drop
July 8th, 2014
The yen remained higher after a gain yesterday that was the biggest in a week, as U.S. stock futures point to declines in the Standard & Poor’s 500 Index and after Japan reported a bigger-than-expected current-account surplus. The currency ...
