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CySec: Acquisition of Licence

April 4th, 2014 (0)
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has announced that “Emergo Wealth Ltd” has successfully obtained the CySec license. “Emergo Wealth Ltd” is now authorised to operate legally under the supervision of CySec and to ...

Toyota’s Lentz Seeks Fuel Cell Sedan Supply Boost to U.S.

April 4th, 2014 (0)
Toyota Motor Corp. (7203)’s North American chief, preparing to sell Camry-sized hydrogen sedans next year, said he’s “bullish” about advances in the company’s fuel cell system and wants more U.S. supply of the Japan-built cars. Toyota, the world’s largest ...

Stock Futures Rise as Dollar Holds Yen Gain Before Data

April 4th, 2014 (0)
U.S. and European equity-index futures climbed and the dollar held gains against the yen and euro before a payrolls report. Stocks fluctuated in Asia, wheat slid toward its first loss in five weeks and India’s rupee fell. Contracts on ...

Apple Bulls Bet New Products Will Bring Stock Revival

April 3rd, 2014 (0)
Options (AAPL) traders are betting new Apple Inc. products will propel the world’s largest company after it rebounded from the worst monthly loss in a year. Options on the iPhone maker haven’t been this cheap in more than two ...

ASIC takes civil action against Mariner and its directors

April 3rd, 2014 (0)
ASIC has started legal action against Mariner Corporation Limited (Mariner) and its current and former directors. ASIC is seeking financial penalties and disqualification orders following the company’s proposed takeover bid for listed financial services company Austock Group Limited (Austock). ...

Audits of Special Purpose Frameworks: Obtaining Substantive Evidence from Engagement Letters

April 3rd, 2014 (0)
For some auditors, obtaining engagement letters has become a routine procedure. Copying the letter format from purchased practice aids, making slight modifications to the content and mailing the letter for signature by an entity’s president or board chairman has ...

Parliament brings the audit reform to its final stages

April 3rd, 2014 (0)
ACCA (the Association of Chartered Certified Accountants) welcomes the endorsement of the audit package by the European Parliament. Sue Almond, external affairs director at ACCA, says: ‘ACCA congratulates the effort to increase audit quality and re-establish investor confidence in ...

Acquisition of licence from CySec

April 3rd, 2014 (0)
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has announced that “Harborx Ltd” has successfully obtained the CySec license. “Harborx Ltd” is now authorised to operate legally under the supervision of CySec and to offer its ...

FCA announces competition review into credit cards

April 3rd, 2014 (0)
The Financial Conduct Authority (FCA) today confirmed its intention to undertake a competition review into the UK’s £150bn credit card market at the end of this year. Speaking at the Credit Today Credit Summit in London, FCA chief executive ...

Fire TV: Amazon’s $99 set top box looks to rival Google and Apple

April 3rd, 2014 (0)
Amazon has entered the battle for remote control of the living room with a $99 television set top box that will give instant access to more than 200,000 films and television series, from Reservoir Dogs to Game of Thrones. ...
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