Treasury Committee criticises government tax targets
March 12th, 2014
THE ACCURACY of the government’s tax targets have been queried by the Treasury Select Committee. The yield from tax agreements such as the UK-Swiss deal has fallen well short of expectations, with that particular arrangement only generating a quarter ...
Memorandum of Cooperation between FSA and U.S.
March 11th, 2014
On March 10, the Financial Services Agency (FSA) and the U.S. Commodity Futures Trading Commission (CFTC) signed a Memorandum of Cooperation (MoC) regarding cooperation and the exchange of information in the supervision and oversight of regulated entities that operate on ...
FASB Stands by Fair Value Measurement Standard
March 11th, 2014
The Financial Accounting Standards Board has responded to a post-implementation review of its accounting standard for fair value measurement, saying it doesn’t plan to make any comprehensive changes. Last month, FASB’s parent organization, the Financial Accounting Foundation, released the ...
More than 1,000 lawyers protest outside parliament at legal aid cuts
March 10th, 2014
UK- More than 1,000 barristers and solicitors – many bearing placards declaring “Grayling must go” and accompanied by a giant, papier-mache effigy of the justice secretary – have protested outside parliament at cuts to criminal legal aid in their ...
Liquidity Ratios
March 6th, 2014
Does your firm have enough cash on an ongoing basis to meet its operational obligations? This is an important indication of financial health. Liquidity ratios provide information about a firm’s ability to meet its short-term financial obligations. They are ...
Hedge Funds
March 6th, 2014
A Hedge fund, usually used by wealthy individuals and institutions, is allowed to use aggressive strategies that are unavailable to mutual funds, including short selling, leverage, swaps, arbitrage, and derivatives. Hedge funds are exempt from many of the rules ...
Structure products
March 6th, 2014
Structured products are synthetic investment instruments specially created to meet specific needs that cannot be met from the standardized financial instruments available in the markets. Structured products can be used: as an alternative to a direct investment; as part ...
Warrants
March 6th, 2014
A warrant is a time-limited right to subscribe for shares, debentures, loan stock or government securities and is exercisable against the original issuer of the underlying securities. It is an interest and dividend-free securities, granting the holder the right ...
Bonds
March 6th, 2014
Bonds are negotiable debt instruments issued, in capital markets with the purpose of raising capital. Investors who acquire bonds are lenders to the issuers. Particularly, investors lend some amount of money, the principal, to the borrower. In return, the ...
Securities
March 6th, 2014
A security is a fungible, negotiable instrument representing financial value. Securities are broadly categorized into debt securities, such as bonds and debentures, and equity securities, e.g. common stocks. The company or other entity issuing the security is called the ...
