Archives
Regulators suggest firms take deep dive into audit quality
April 11th, 2014
While acknowledging that auditors are under unprecedented scrutiny, an international association of audit regulators is asking audit firms to analyze causes of problems in audits globally in hopes of finding remedies. Lewis Ferguson, chair of the International Forum of ...
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 ...
USD/CHF erodes weekly S2
April 11th, 2014
Pair’s Outlook USD/CHF maintains the course south. If it closes lower today as well, it will be a fifth bearish candle in a row. And while the decline itself should not be a surprise, since the pair is currently ...
Wealth Within Ltd pays $20,400 in penalties over misleading advertising
April 11th, 2014
ASIC has issued a press released informing that Wealth Within Limited has paid $20,400 in penalties after ASIC issued two infringement notices for misleading online advertisements. The advertisements related to the investment returns of Wealth Within’s individually managed account ...
FCA warning for unauthorised firm
April 11th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that “Stover Limited” is not permitted to provide any financial services or products. Furthermore, FCA points out that “Stover Limited” is neither regulated nor ...
ASIC obtains orders cancelling 15 million shares held in Northwest Resources Limited
April 11th, 2014
Following an application by ASIC, the Federal Court of Australia has ordered the cancellation of 15 million shares in ASX-listed Northwest Resources Limited (Northwest) that were held in the name of Craigside Company Limited (Craigside), a company incorporated in ...
USD/JPY pobes key support
April 11th, 2014
Pair’s Outlook The monthly S1 level, which had the potential to stop the sell-off from 104, was breached. This left the key demand area at 101.36/19 exposed. However, being that this zone is fairly dense (it consists of the ...
GBP/USD retreats from Feb high
April 11th, 2014
Pair’s Outlook As suspected, an initial test of the resistance at 1.6822/1.6786 turned out to be unsuccessful. Considering the strength of the supply area, this may result in a dip back to the up-trend support line at 1.6541/27, where ...
EUR/USD closes in on 1.39
April 11th, 2014
Pair’s Outlook EUR/USD continues to advance. It has just breached the weekly R2 and is about to hit the down-trend resistance line that connects peaks of the past six years. In addition to that there is an up-trend resistance ...
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 ...
