Search Results for: PRA
Formax removes false statements about the suspension of its subsidiary’s licence
November 16th, 2015
Following concerns raised by ASIC, Formax International Market Limited (Formax) has removed a previously published media release from its group website that falsely claimed its wholly owned subsidiary, Australian Capital Markets Advisory Services Pty Ltd ACN 150 530 331 ...
Even Small, Well-Run Countries Can’t Escape The Currency War
November 13th, 2015
The old saying “When elephants fight, the grass gets trampled” captures perfectly the dilemma of the world’s non-superpowers. From Brazil to Thailand to non-eurozone Europe, the currency war raging between the leading economies is creating collateral damage. ...
Foreign investors warn China e-trading proposal could sink Stock Connect
November 13th, 2015
Draft rules to curb high-speed trading blamed for China’s summer stock market crash could kill off billions of dollars of investment into China, global banks and investors have told Chinese regulators in a letter. Industry participants who signed off ...
Global Law Firm Eyes Africa As Next Great Expansion Opportunity
November 12th, 2015
Baker & McKenzie sees Africa as key to future growth Later this month, Baker & McKenzie’s Gary Senior will travel to Johannesburg, South Africa to celebrate the third anniversary of his firm’s office there, and its presence on a ...
Greece: Now the crisis threatens to erupt again – Creditors withhold some €12 billion in funds promised
November 12th, 2015
Greece’s Quiet Crisis Support for supply-side reforms remains as elusive as ever Maybe Athens can’t help itself. No sooner had Alexis Tsipras’s government agreed to a last-minute deal to save the Greek economy from collapse than it began backsliding ...
Worldpay tests pay with your finger technology
November 11th, 2015
Using technology from UK-based biometric startup Sthaler, hundreds of Worldpay employees are trying out a new way to pay – with a scan of their finger. Worldpay staff taking part in the three-week proof-of-concept have registered their finger vein ...
Why the Christmas Season Presents the Best Business Networking Opportunities of the Year
November 11th, 2015
For most people, the Christmas party season represents an opportunity to let our hair down and enjoy a release from a whole year of stress. You can drink too much, stuff your face with turkey and generally make a ...
Merrill Brokers Managing $700 Million Go Independent
November 11th, 2015
Four Merrill Lynch brokers are taking a gamble, joining the growing ranks of breakaway brokers. Advisers Ross Fox, Matthew Papazian, Marti Awad and Sarah Keys resigned from the Bank of America Corp.-owned brokerage on Monday and launched their own practice, Cardan Capital Partners, ...
Dentons and 大成 formalize combination
November 11th, 2015
Dentons and 大成 today formalized their combination. The launch follows the previously-announced timeline set in January 2015, after a vote by partners of both firms endorsing the combination, with both firms indicating that an effective date would be set ...
Audit Regulator Finds 28 Deficient Audits By KPMG in Annual Report
November 11th, 2015
PCAOB says Big Four firm’s deficiency rate of 54% is up from 46% a year ago Audit regulators found 28 deficient audits at KPMG LLP in its latest annual inspection of the Big Four accounting firm, an increase from ...
