Search Results for: PRA
DTCC and Digital Asset to Develop Distributed Ledger Solution to Drive Improvements in Repo Clearing
March 30th, 2016
Firms sign agreement to develop proof of concept to improve the current U.S. repurchase agreement clearing process The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and Digital Asset Holdings ...
Financial Policy Committee statement from its policy meeting, 23 March 2016
March 29th, 2016
1. The Bank of England’s Financial Policy Committee (FPC) assesses the outlook for financial stability by identifying the risks faced by the financial system and weighing them against the resilience of the system. In doing so, its aim is to ...
IBM blockchain leader Jerry Cuomo using ‘shadowchains’ to launch moonshots
March 28th, 2016
IBM has been building momentum behind blockchain by championing the Linux Foundation’s Hyperleder Project and creating its own Open Blockchain (OBC) among other things. IBM’s vice president of blockchain Jerry Cuomo, who recently gave testimony before US Congress about ...
Innovation in legal services is a win/win for the economy, law firms and the users of legal services
March 28th, 2016
Greater innovation in the legal services market is important for UK PLC, law firms and the users of legal services. The successful SRA Innovate conference on Tuesday, at London’s Altitude 360, brought together more than 100 original thinkers from ...
FSMA warns the public against the activities of supposed law firms
March 24th, 2016
The Financial Services and Markets Authority (FSMA) has issued a press release to warn the public against the activities of the supposed law firms Cole & Rushton LLC and Ernst & Taylor LLP, which are offering to help victims ...
PwC to elect a new UK chairman; lines up candidates
March 24th, 2016
PwC has begun the process of electing a new UK chairman and senior partner to succeed Ian Powell, who steps down at the end of June, with four candidates from the firm’s executive board putting their names forward for ...
Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People
March 24th, 2016
Should central banks create money out of thin air and give it directly to governments and average citizens? If you can believe it, this is now under serious consideration. Since 2008, global central banks have cut interest rates 637 ...
Multinational law firm to cut 15% of Europe and Middle East partnership
March 24th, 2016
Asia-headquartered global firm King & Wood Mallesons is cutting 15% of partners in its Europe and Middle East practice as part of a restructuring. The cut will mean that up to 24 of the firm’s 160 partners will depart. ...
Playtech:Update to 2016 Investor Relations Calendar
March 23rd, 2016
In line with market practice for companies with a Premium Listing on the London Stock Exchange moving away from Interim Management Statements, Playtech (LSE: PTEC) announces that it will no longer be releasing Q1 or Q3 trading updates. This ...
Deloitte forecasts double digit growth
March 22nd, 2016
Deloitte’s new chief executive Cindy Hook is forecasting double digit revenue growth for the 12 months to May 31, as she repositions the professional services giant to be more globally oriented to capture emerging markets, and meet the demands of domestic clients expanding offshore. Reflecting on her ...
