Search Results for: PRA
Immigration lawyers comment about how Brexit affecting them
July 14th, 2016
Nearly three weeks on from the unexpected referendum result, the world is still fascinated by what a vote to leave the EU means for the big wide world of commercial law. The details of what a post-Brexit City of ...
Chinese regulator released that paid online searches will be treated as advertising and to be taxed
July 14th, 2016
The recent regulations issued by China’s State Administration for Industry and Commerce on online advertising are likely to dent Alibaba’s and Baidu’s earnings, analysts believe. Baidu Inc is set to announce its second quarter of fiscal year 2016 (2QFY16) ...
Mazars to acquire financial modelling consultancy and training provider
July 14th, 2016
Realises the ambition to be the world leader in financial modelling, model audit and related training services for the infrastructure finance sector. Creates an integrated team of over 120 professionals, servicing clients around the world, from regional hubs in ...
FCA has fined Towergate and former director for more £2m
July 13th, 2016
The Financial Conduct Authority (FCA) has today fined Towergate Underwriting Group Limited (Towergate) £2,632,000 for failings in relation to its protection of client and insurer money. Towergate, an insurance intermediary which holds both client and insurer money, accumulated a ...
What Brexit means for accountants
July 13th, 2016
Shortly after the UK voted for Brexit on 23 June, sterling hit a thirty year low against the dollar and the UK has had its credit rating downgraded by two different agencies. It is currently unclear whether these repercussions ...
CySec imposed an Administrative Fine of €138.000 on a Cyprus Investment Firm
July 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on June 06, 2016, the Commission decided to impose a total administrative fine of €138.000 to the CIF B.O. Tradefinancials ...
BDO has appointed former KPMG director
July 11th, 2016
Top Six firm BDO has appointed former KPMG director Christopher Arnull as its first head of Legal and Practice Protection, as the accountancy firm looks to tackle more legal and regulatory challenges. Arnull, who joins BDO from KPMG where ...
Risk On/Risk Off: What Schizophrenic Markets Are Telling Us
July 11th, 2016
These trends cannot be reversed with yet another rate cut or another “whatever it takes” announcement. In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and higher potential returns) such as stocks are on a see-saw ...
Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
France Opens Register Of Trusts
July 11th, 2016
On July 5, French Minister of Finance Michel Sapin and Budget Secretary Christian Eckert announced the launch of France’s public registry of trusts, a measure intended to increase transparency and curb tax avoidance. France’s register of trusts provides access ...