Search Results for: PwC
Luxembourg Appealing ‘LuxLeak’ Sentences
August 5th, 2016
Luxembourg’s state prosecutor has begun an appeal against the verdict at the recent “LuxLeaks” trial, arguing the sentences handed down by the court were too lenient. Earlier this year, Antoine Deltour and Raphael Halet, both former employees at advisory ...
Magic Circle Law firms pick up spots on new EU banking panel
August 5th, 2016
Magic Circle firms Clifford Chance and Linklaters have been joined by Hogan Lovells and PwC on a new panel created by the new EU authority responsible for winding up banks. The EU’s Single Resolution Board (SRB) tendered for legal advisers earlier this year, ...
The potential economic impact of Brexit for London, the UK and Europe
July 28th, 2016
PwC’s real GDP growth projections for the UK revised down Potential loss of passporting a challenge for London Ireland and Cyprus are the most exposed EU countries from a trade perspective UK: Following the vote to leave the EU, ...
Big Four in talks with UK government on Brexit
July 21st, 2016
Accountants’ expertise will be needed as the trade negotiations start following the UK’s vote to leave the EU, the government has confirmed, while the Big Four are building up specialist Brexit teams to meet the demand for advice on ...
International law firm Taylor Wessing announced global revenues increase
July 8th, 2016
International law firm Taylor Wessing has today announced a 4.4% increase in UK revenues to £126.6m. Global revenues have also increased to £254.5m at constant exchange rates. In addition, the firm has reported an increase in UK PEP, up from ...
Accountancy profession reacts to the UK’s decision to leave EU
June 27th, 2016
Accountants, tax experts and finance professionals have reacted to the UK’s decision to leave the European Union, with many predicting a wave of uncertainty regarding the economy and British businesses. The Leave campaign received 52% of the referendum, compared ...
KPMG audit quality criticised in FRC review
May 23rd, 2016
The quality of audit work undertaken by the top six firms has improved with only KPMG found to have audits in need of significant improvement, the FRC said Thursday. Out of the 104 audits were inspected for 2015/16 – 89 of ...
Asia emerged as the next big opportunity in fintech
May 20th, 2016
Asia’s emerged as a key market for financial technology players, as the continent’s large population and limited banking network lures billions in funding. Investors poured $4.5 billion into fintech companies in Asia in 2015, three times the amount attracted ...
Partners from global audit firms will face grillig over role in BHS collapse
May 19th, 2016
Partners from Deloitte, PwC, KPMG and Grant Thornton will face a grilling from MPs next week over their lucrative advisory roles in distressed high street retailer BHS, following its plunge into administration which threatens up to 11,000 jobs. The ...
Five more women added in gender discrimination lawsuit against KPMG US
May 17th, 2016
Five more women have been added as named plaintiffs to the ongoing $350m (£243m) class action gender discrimination lawsuit against KPMG’s US arm. On 13 May, Sanford Heisler, the law firm representing the five plaintiffs, filed an amended complaint ...
