Новости

Portugal is next - Nuriel Rubini

Following Ireland, Portugal will need the European Union’s assistance as well – said a very famous American economist Nuriel Rubini.

Ukraine’s NBU proposes consolidated supervision over holding companies

The National Bank of Ukraine (NBU) proposed the parliament to introduce consolidated supervision over financial groups – the new law project was registered on 24 November.

Russia plans an all-in-one system of state control

The government of Russia will prepare amendments to more than 60 federal laws which regulate all basic types of economic activity, from consumer services to natural monopolies.

Accountancy watchdog launches investigation into PwC’s Connaught audit

Britain’s accountancy watchdog has launched an investigation into PricewaterhouseCoopers’ (PwC) audit of social housing group Connaught in the lead-up to its collapse earlier this year.

IASB and FASB report continued progress in their work to converge IFRSs and US GAAP

The IASB and the FASB today published a progress report on their work to improve IFRSs and US GAAP and to bring about their convergence.

Moody’s liked Russian Central Bank’s plans for stabilization of the financial system

The new initiative of the Central Bank of Russia to change the order of capital formation in banks will decrease risks and act as a stabilizing factor for the national banking system.

Ireland acquires ?85 billion

This weekend European finance ministers agreed upon financial support for Ireland worthy 85 billion euro, and developed new plan for new financial crisis situations.

Second wave of crisis still possible for Russia

Last Friday chairman of Sberbank German Gref claimed that dangers of the second wave of crisis still remained. Negative tendencies of the global economy are still in effect while the reasons for them are still there.

Canadian regulator provides first-time adoption tips

The Ontario Securities Commission (OSC) of Canada has published Top 10 Tips for Public Companies Filing Their First IFRS Interim Financial Report. With Canada transitioning to IFRS from 2011, the guide is designed as a series of pointers for Canadian public companies to consider in preparing for the transition. Many of the ideas are generic and may be useful to first-time adopters in other jurisdictions as well.

Eurozone proposed to expel problematic countries

The weakest participants should leave the eurozone and get back to their national currencies – thinks a very famous economist Nuriel Rubini.