Search Results for: PRA
IOSCO reports on business continuity plans for trading venues and intermediaries
December 22nd, 2015
The Board of the International Organization of Securities Commissions (IOSCO) today published two reports that seek to enhance the ability of financial markets and intermediaries to manage risks, withstand catastrophic events, and swiftly resume their services in the event ...
Income up 53% at KPMG Legal
December 22nd, 2015
One of the Big Four accountancy firms offering legal services through an alternative business structure has reported a sharp rise in income from the division and pledged further heavy investment. KPMG says in its newly published annual report that ...
Former R.B.S. Bond Trader Pleads Guilty to Securities Fraud
December 22nd, 2015
A former top trader at the Royal Bank of Scotland pleaded guilty in federal court in Connecticut on Monday to one count of conspiracy to commit securities fraud as part of the government’s investigation into Wall Street bond sales ...
After jumping over one hurdle, Greece now faces the pension reform. Will 2016 bring new troubles?
December 21st, 2015
Don’t look now, but 2016 may bring a host of new troubles for Greece, which just last week barely overcame a dispute with its international creditors. Struggling to meet the demands of its bailout terms, the Hellenic Republic was ...
On the signing of the Memorandum of Understanding on Cooperation between the Central Bank of the Russian Federation and the People’s Bank of China
December 21st, 2015
Heads of governments of Russia and China during their 20th Meeting, held in Beijing on December 17, 2015, welcomed the signing of the Memorandum of Understanding by Governor of the Bank of Russia, Ms. Elvira Nabiullina, and Governor of ...
ACCA: Accountants and Auditors need specific “Whistleblowing” protection
December 21st, 2015
ACCA welcomes the provisional EU inter-institutional agreement on the protection of trade secrets, but remains concerned about the scope for divergence in implementation by Member States. ACCA believes that the main goal of the directive on common rules for ...
Citi and Hildebrandt: Significant factors for law firms in 2016
December 21st, 2015
Citi Private Bank and Hildebrandt Consulting release a report cited key factors for Law Firm’s success in 2016 According to the report the two increasingly significant factors are: Winning Battle for Laterals Hires Continued volatility “There was a time ...
Google under scrutiny over lobbying influence on Congress and White House
December 18th, 2015
Concerns grow after disclosure Google enlisted US politicians to pressure EU brought attention to tech giant’s close relationship with Washington politicians. Google has made political donations to 162 members of the US Congress in the latest election cycle, figures show, as ...
Orange fined €350m in France for market abuse
December 18th, 2015
Telecoms firm Orange has been fined €350m (£254m) for abusing its market dominance in France. The country’s anti-trust authority said Orange, which was formerly France Telecom, kept business clients from switching to competitors’ phone services. The firm will not ...
KPMG UK announces 2.6% growth in revenues to £1.96bn
December 18th, 2015
The firm invested almost £200m in acquisitions, property and staff training Tax and audit were the firm’s highest earning services The firm, its partners and employees paid £786m in taxes KPMG, the professional services firm providing audit, tax and ...
