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GFS has now closed
Global Financial Strategy was set up in April 2010 and closed at the end of January 2012.
Shanghai boosts global financial status
Shanghai has announced a raft of proposals aiming to catapult the city to premier global financial centre status including rapidly boosting its capital markets and opening them up to foreign investment by 2015.
Davos stalemate on EU’s IMF funds
The UK and other G20 countries said they will not help to bolster the International Monetary Fund until the eurozone’s member states contribute more of their own funds.
Risk of new banking crisis is top threat
The risk of another global recession and a new banking crisis are the top two threats that the worldwide banking industry is currently facing.
US & Int accountants to align standards
Monday 30 Jan 2012 | Andrew Hickley
US and international accounting regulators have agreed to look into reducing the differences between their respective classification and measurement models for financial instruments.
India signs tax avoidance agreement
Thursday 26 Jan 2012 | Karina Whalley
India has added its signature to the Convention on Mutual Administrative Assistance in Tax Matters, an international agreement that aims to combat tax avoidance and evasion.
IMF paper urges Aus bank capital boost
Wednesday 25 Jan 2012 | Karina Whalley
Australian banks must bolster capital ratios otherwise the sector cannot withstand dual shocks from residential mortgages and losses on corporate lending, a paper by IMF economists has warned.
IASB announces three reappointments
Stephen Cooper - photo by IASB Tuesday 24 Jan 2012 | [email protected]
Three members of the International Accounting Standards Board have been re-elected, trustees of its oversight board announced on Tuesday.
Davos 2012: The great transformation?
Tuesday 24 Jan 2012 | Eleanor Lavan
Ahead of Davos, Eleanor Lavan of the British Bankers’ Association says the sweeping regulatory changes that the UK has initiated in recent months must be matched by other countries to ensure global recovery.
Hoogervorst hints at accounting slowdown
Hans Hoogervorst - photo by IFRS Foundation Monday 23 Jan 2012 | [email protected]
International Accounting Standards Board chief Hans Hoogervorst has hinted that the standard setter is ready for a relative period of calm after a breakneck period of changes.
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