Новости

SEC Approves Rules Expanding Stock-by-Stock Circuit Breakers and Clarifying Process for Breaking Erroneous Trades

The Securities and Exchange Commission today approved new rules submitted by the national securities exchanges and FINRA to expand a recently-adopted circuit breaker program to include all stocks in the Russell 1000 Index and certain exchange-traded funds. The SEC also approved new exchange and FINRA rules that clarify the process for breaking erroneous trades.

IASB proposes to amend one aspect of accounting for deferred tax

The International Accounting Standards Board (IASB) today published for public comment an exposure draft “Deferred Tax: Recovery of Underlying Assets”.

IASB and ASBJ meet to discuss convergence with and intended adoption of IFRSs in Japan

The International Accounting Standards Board (IASB) and the Accounting Standards Board of Japan (ASBJ) have held their twelfth meeting to further progress their convergence activities, and to review preparations for the intended adoption of International Financial Reporting Standards (IFRSs) in Japan.

USA lost the lead in global competitiveness

The largest economy of the world – the USA – has lost its position in the Top-3 of the World Economic Forum’s competitiveness report. Switzerland is still on the 1st place.

Global economy slowing down faster than expected

Economic recovery rates are slowing down faster than it was expected – shows the OECD’s report which was published yesterday. The situation may possibly demand additional stimulating measures and delay on certain plans to cut budget deficits.

Jean-Claude Trichet insists on suspension of voting rights for misbehaving EU countries

EU member states that do not meet obligatory requirements for government finance should be temporary excluded from the political process – said the president of the European Central Bank Jean-Claude Trichet in the interview to Financial Times.

US finance executives voice opposition to fair value model

A prominent group of US finance executives has joined a chorus of opposition to US fair value proposals, believing they would result in “pervasive and adverse implications to all financial institutions”.

IASB and FASB webcast on Financial Statement Presentation available

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have recorded a webcast entitled Financial Statement Presentation: presenting cash flow information.

SEC focusing on Lehman accounting maneuver - WSJ

The U.S. Securities and Exchange Commission, looking into the collapse of Lehman Brothers Holdings Inc, is focusing on an accounting maneuver that made it look like the company had reduced its debt, the Wall Street Journal reported on Thursday.

Russian deputies plan improve regulation of companies’ liquidation

This fall deputies of the State Duma of Russia will pay attention to improvement of the law where it deals with foundation of or, on the contrary, liquidation of commercial companies.