Search Results for: PRA
FRC to expose companies that fail to report accurate information
April 17th, 2014
Companies will be forced to admit to FRC inquiries, under reporting watchdog proposals Companies will be forced to admit when they have investigated by the FRC’s conduct committee for failing to provide accurate information in accounts or reports, under ...
Co-op Legal Services posts £22m loss for 2013
April 17th, 2014
Co-operative Legal Services lost £9.1m on a flat turnover of £33m in 2013, the Co-operative Group’s results reveal today. The legal subsidiary also said it had taken a £13m ‘goodwill impairment’ following a reassessment of its business plan which ...
A star abroad, India central bank boss riles bond traders at home
April 17th, 2014
Since taking the helm of India’s central bank, Raghuram Rajan’s agenda to reform markets has put the noses of Mumbai bond traders firmly out of joint by upending practices that provided them with a relatively secure rate of return. ...
CALDB suspends NSW joint liquidator for six months
April 16th, 2014
The Companies Auditors and Liquidators Disciplinary Board (CALDB) has ordered the suspension of the registration of Mr William James Hamilton as a liquidator for six months following an application by ASIC. The suspension will take effect from 3 June ...
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 ...
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 ...
Google Considers Change To Search Algorithm That Would Favor Website Encryption
April 15th, 2014
Google Inc. (NASDAQ:GOOG) is considering a change to its PageRank software, which would favor websites that use encryption to protect visitors’ personal information, meaning safer sites would appear higher in search results. While Google is reportedly still in the ...
SRA: Solicitor struck off for dishonestly misusing client money
April 15th, 2014
The Solicitors Regulation Authority has issued a press released informing that a solicitor has been struck off for failing to handle properly funds that clients had entrusted to him. Ashok Kumar Sancheti was struck off by the Solicitors Disciplinary Tribunal (SDT) ...
To Be Results Focused, Stop Focusing On Results
April 14th, 2014
For many entrepreneurs, success is measured by profitability and achieved by increasing revenue and decreasing expenses. But just focusing on those desired outcomes is a mistake that will yield little change to the bottom line. The reason being is ...
