Search Results for: PRA
More law firms face unrated PII threat
April 14th, 2014
Thousands of firms are weeks away from being plunged into uncertainty according to research showing an increasing number relying on unrated professional indemnity insurers. The survey results come weeks before the Solicitors Regulation Authority decides whether to ban unrated ...
How about… A Global Tax on the Superrich?
April 14th, 2014
Bill Gates washes his own dishes, as we learned this year from his Ask Me Anything session on Reddit, but he’s certainly not trying to save money. The world’s richest person is doing everything in his power to decrease ...
Putin Could Stop Selling Gas to Ukraine. Here’s Why He Won’t
April 14th, 2014
For a time this week, Vladimir Putin looked ready to turn off the gas. In an April 10 letter to 18 European heads of state, he warned that Russia could “completely or partially cease gas deliveries” to Ukraine, in ...
JPMorgan Chase Earns 19 Percent Less to Start the Year
April 14th, 2014
JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and sluggish mortgage activity. Shares fell as much as 3.7 percent ...
Chinese Property Developers Stake Out Shares In Commercial Banks, Intensifying Systemic Risks
April 14th, 2014
Major Chinese property developers have in recent months been buying increasingly large stakes in regional banks, posing risk that an unravelling in the real estate market could leave both lenders and builders confronting losses big enough to pose a ...
The billion-dollar bash – how post-crisis investigation work is changing the way law firms advise banks
April 11th, 2014
With banks setting aside eye-watering sums of money to meet liabilities generated by the fallout from the financial crash, in-house legal departments and law firms are having to rethink their business models. Alex Newman reports By any standards, $23bn ...
Police to wear digital cameras as part of courts efficiency plan
April 11th, 2014
Modernisation of the criminal justice system will give police mobile devices to record interviews and crime scenes Police officers will be expected to record interviews at crime scenes on mobile devices and deliver filmed evidence online under a digital ...
British Gas must pay £5.6m for blocking firms from switching
April 10th, 2014
British Gas has been ordered to pay £5.6m in compensation and fines for blocking businesses from switching suppliers and failing to tell others their contracts were ending, Ofgem said. The company, one of the Big Six suppliers, had already ...
No standstill on standards for auditing
April 10th, 2014
ACCA (the Association of Chartered Certified Accountants) comments on the strategy and work programme of the IAASB for 2015-2016 Sue Almond, external affairs director at ACCA, says: ‘It is clear that there are huge demands on the International Auditing ...
India Capital Votes in 3rd Phase of World’s Biggest Election
April 10th, 2014
Voters in India’s capital headed to polling booths today in the third phase of the biggest election in world history, with Narendra Modi’s Bharatiya Janata Party set to win the most seats and grab power after a decade. About ...
