GFS has now closed Global Financial Strategy was set up in April 2010 and closed at the end of January 2012.
Saudi Arabia increases central bank role The Saudi Arabian central bank is to step up its supervisory power over the country’s financial sector in a bid to enhance financial stability.
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.
IASB announces three reappointments
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
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.
Driving business innovation from regulatory pressures
Monday 23 Jan 2012 | Claire Paisley and David FitzGerald
Innovation and regulation are words that are not often strongly correlated in any sector – let alone the financial services industry – but this can change, according to Claire Paisley and David FitzGerald of Baringa Partners.
Firms reluctant to tweet due to regulation
Monday 23 Jan 2012 | [email protected] Financial services firms are unwilling to use social media sites such as Twitter because of compliance issues and the potential regulatory backlash it could cause, according to new research.
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