Tax & Regulation | 25 Oct 12
high profile culprits of 08 crisis jailed
Societe Generale’s high profile rogue trader Jerome Kerviel lost an appeal against fraud charges in France yesterday as across the pond ex-McKinsey and Goldman Sachs director Rajat Gupta was found guilty of feeding tips to a friend outside the firm.
Tax & Regulation | 24 Oct 12
report sees risk to global accounting
A long-running effort to bring US accounting rules into line with global standards that were created in 2005 may be at risk, after having slowed down recently over key areas of disagreement, a report by a party to the convergence effort has said.
world bank singapore hong kong and new zealand
Singapore, Hong Kong and New Zealand continue to be the easiest countries in the world to do business in, while local entrepreneurs in developing nations are finding it easier to do business than at any time in the last 10 years, according to the World Bank and IFC's latest Doing Business report.
sfc adviser review finds deficiencies
Hong Kong’s main financial regulator, the Securities and Futures Commission, said it has found “deficiencies” in the selling practices of licensed firms, after completing an inspection of companies selling investment products.
People Moves | 24 Oct 12
jtc group appoints new lux md
Private wealth, corporate, employee benefit and fund administration services provider JTC Group has appointed Habiba Boughaba as managing director of its Luxembourg office.