Archives
Bank of England: financial report
March 18th, 2014
The Bank of England has issued a press release of an annual report on the supervision of financial market infrastructures. The report provides an account of how the Bank has exercised its responsibilities in respect of financial market infrastructure supervision. ...
ASIC information sheet on audit quality
March 17th, 2014
ASIC has released information to help directors and audit committees develop robust standards as part of its commitment to improve audit quality. Information Sheet 196 Audit quality: The role of directors and audit committees (INFO 196) explains: why audit ...
Announcement of Central Bank of Cyprus
March 17th, 2014
The Central Bank of Cyprus has issued a press release which clarifies that on February 20, 2014, according to the article 57(1) on the International Mutual Investment Plan Laws of 1999 and 2000, has recalled the authorization of licence ...
Russia’s Rosneft to acquire stake in Italy’s Pirelli
March 17th, 2014
Russia’s top oil producer Rosneft (ROSN.MM) is set to acquire an indirect stake in Pirelli (PECI.MI) after reaching an outline deal with a group of shareholders in the Italian tyre maker valuing its shares at 12 euros each. Rosneft ...
GECAS may spend $4 billion on ship, chopper investments: CEO
March 17th, 2014
GECAS, the world’s largest aviation leasing firm, is looking at investing at least $4 billion in ship financing and helicopter leasing to diversify its portfolio – a potential move that reflects concerns over the value of some current jets. ...
East-West standoff complicates any IMF deal for Ukraine
March 17th, 2014
Ukrainian bond prices are holding up better than expected in the stand-off with Russia because investors think the International Monetary Fund might not impose tough conditions in an expected aid programme due to Kiev’s political importance to the West. ...
FCA warning for clone firm
March 17th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that “Berenberg Private Banking” is a clone firm of the FCA authorised firm “Joh. Berenberg, Gossler & Co. KG” and therefore it is not ...
Announcement from CySec
March 17th, 2014
The Cyprus Securities and Exchange Commission (the “Commission”) announces the following, regarding the certification of persons employed by Investment Firms, Credit Institutions, Management Companies and Investment Companies of Variable Capital and regarding the Public Register of Certified Persons (the ...
Siemens and RWE help European shares steady
March 17th, 2014
European shares were buoyed by gains in major German stocks Siemens and RWE on Monday, steadying after heavy losses in the previous week on concerns about geopolitical tensions in Ukraine. The pan-European FTSEurofirst 300 index, which fell 3.2 percent ...
Speculators See Gold Gaining With Wheat on Ukraine: Commodities
March 17th, 2014
After shunning gold and wheat for most of last year, hedge fund managers are piling back in as the escalating crisis in Ukraine spurs a rebound in the prices of both commodities. Speculators have the biggest bet on a ...
