Search Results for: ICE
FCA warning for unauthorised firms
April 16th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that the following firms are not permitted to provide any financial services or products: Frenson Capital Limited t/a Light Loans (www.lightloans.co.uk) LSE ...
SEC Charges San Diego-Based Investment Adviser
April 16th, 2014
The U.S. Securities and Exchange Commission has announced charges against a San Diego-based investment advisory firm, its chief executive officer, chief compliance officer, and another employee for misleading investors and breaching their fiduciary duties to clients. The SEC’s Enforcement ...
Regulators Fear Big Data Threatens Audit Quality
April 16th, 2014
Does audit firms’ emphasis on data analytics mean that audits themselves are suffering? Regulators around the world are worried that a rise in audit firms’ consulting business and a corresponding slowdown in the growth of revenues from traditional audits ...
Tax Havens Put U.S. Filers on Hook for $1,259 Each, Report Says
April 16th, 2014
U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report. “Tax haven abusers ...
Oil falls to near $103 ahead of Ukraine meeting
April 15th, 2014
The price of oil fell to near $103 a barrel Tuesday ahead of talks aimed at defusing tensions between the West and Russia over Ukraine. By early afternoon in Europe, benchmark U.S. crude for May delivery was down 92 ...
German company starts gas deliveries to Ukraine
April 15th, 2014
German utility company RWE said Tuesday it has started sending natural gas to Ukraine, a move that could support the country if Russia acts on its threat to cut off supplies because of a massive debt for past deliveries. ...
Extra Rights Should Mean Extra Responsibilities
April 15th, 2014
Ordinary people have suffered huge disruption to their lives through a loss of jobs & opportunity because of the colossal mistakes of self-declared ‘Masters of the Universe’ chasing ever-bigger financial rewards within the banking industry. To add insult to ...
Europe Stocks Decline as Investors Weigh Ukraine Violence
April 15th, 2014
European stocks declined, after yesterday’s advance, as investors weighed violence in eastern Ukraine and further evidence of a slowdown in China’s economy. U.S. futures and Asian shares were little changed. The Stoxx Europe 600 Index fell 0.4 percent to ...
GASB Sets Guidelines for Measuring Assets and Liabilities
April 15th, 2014
The Governmental Accounting Standards Board (GASB) on Monday defined two approaches for measuring assets and liabilities, which officials said will guide the standard-setting organization in establishing accounting and financial reporting standards for state and local governments. The two approaches, ...
Taxware Acquires VAT Resource
April 15th, 2014
Taxware, provider of sales, use and value added compliance software and services, announced the acquisition of VAT Resource, The Netherlands-based independent VAT technology, consulting and compliance outsourcing company. The acquisition enhances Taxware’s VAT content for tax determination while adding ...