Новости

SEC proposes rules to increase investor protections in asset-backed securities

The Securities and Exchange Commission today proposed rules that would revise the disclosure, reporting and offering process for asset-backed securities (ABS) to better protect investors in the securitization market.

Ukraine wants to lower tax burden on business

Ukraine plans to lower tax burden on business in 2010, down to 30.9% of GDP – informed deputy minister of finance Tatyana Efimenko at the roundtable “Taxation in Ukraine: key problems and their solutions”.

RTS and MICEX invited to cooperate

It is possible that two largest stock exchanges in Russia – RTS (“Russian Trading System”) and MICEX (“Moscow Interbank Currency Exchange”) - will work together in the future, as they are invited to by the Federal Financial Markets Service and the Bank of Russia.

EU funding of IASB under threat

The future of the funding of the international accounting standard-setter – from the coffers of the European Commission – is under threat, unless the organization can improve its governance.

IASB accused of being soft on country-by-country reporting

Proposed accounting rules which may force mining and oil companies to publish how much they pay corrupt regimes don’t go far enough according to a humanitarian group campaigning for greater international corporate transparency.

IASB seeks feedback on extractive activities discussion paper

The International Accounting Standards Board (IASB) published today the results of an international research project on a possible future International Financial Reporting Standard (IFRS) for extractive activities in the form of a discussion paper – “Extractive Activities”.

China signals its readiness to reinforce yuan

China intends to keep yuan exchange rate stable, at the same time warning its exporters on potential risks.

Russian Trading System will commence trading half an hour earlier

At the end of April, all markets on the “Russian Trading System” (RTS) stock exchange will start to work half an hour earlier, at 10 a.m. (Moscow time). Brokers and dealers don’t mind.

Big business looking to “upgrade” internal audit

Chief executives across diverse industries are intending to upgrade their internal audit departments, according to a study by PricewaterhouseCoopers.

G20 may introduce a unique tax on banks

British Prime Minister Gordon Brown informed that Great Britain, France and Germany had reached a preliminary agreement on introduction of a unique bank tax for G20 countries. The tax is expected to prevent new financial crisis in the future.