Search Results for: regulators
EY to be replaced as BBC auditor
May 16th, 2016
National Audit Office set to replace EY as BBC auditor The current auditor is Big Four firm, EY, who took over the audit from KPMG in 2015. At the time, the BBC signed a three-year contract with EY, with ...
Singapore, UK enhance FinTech collaboration
May 13th, 2016
The United Kingdom (UK) and Singapore have established the first FinTech Bridge with the signing of a Regulatory Cooperation Agreement between UK’s Financial Conduct Authority (FCA) and the Monetary Authority of Singapore (MAS). The launch coincided with the second UK-Singapore ...
Panama Papers spur global tax tightening as second leak names more people, companies
May 10th, 2016
Details are still being sifted from the hugely anticipated second global data leak that names people, companies and tax schemes connected to offshore entities — many with familiar names. Legal or otherwise, the new cache of thousands of financial ...
DTCC Signs Memorandum of Understanding on Cooperation with KRX
May 10th, 2016
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and the Korea Exchange (KRX), the sole securities and derivatives exchange operator in South Korea, today announced the signing of a ...
A new CIF license announced by CySec
May 10th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Lydya Financial Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
AAYP 2016: Five key skills auditors will need in the future
May 10th, 2016
AUDIT teams have the skill sets to meet today’s requirements but changes will be needed to meet the demands of audit in the future. That is the finding of two international research studies published by ICAS and the FRC which examines the skills, ...
CySec announced the license for a new Cyprus Investment Firm
May 6th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Magic Compass Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
Craig Wright Says He Will Prove He Is Bitcoin Creator ‘Satoshi Nakamoto’
May 4th, 2016
One day after Australian businessman Craig S. Wright declared he created the virtual currency bitcoin, he says he plans to prove it. After many bitcoin experts expressed skepticism about Mr. Wright’s claims, the 45-year-old computer scientist and engineer wrote Tuesday on his ...
Shares in London Stock Exchange crashed this afternoon
May 4th, 2016
Shares in London Stock Exchange Group (LON:LSE) crashed this afternoon as the owner of the New York stock exchange pulled out of a potential rival bid. It now paves the way for the potential £21bn merger of LSE and the German Deutsche Börse AG ...
EU backs crowdfunding as alternative funding source for startups
May 4th, 2016
The European Commission gave its backing to the use of crowdfunding as an alternative source of finance for start-ups in the EU Member States, in a report on the sector published on Tuesday. Crowdfunding is an open call to ...
