Risk & Regs
Electrocomponents converts to SAP
In a move the company claims will give it the most comprehensive supply chain system in the UK industry, Electrocomponents plans to convert from a leg...
Reading fine print in prospectus harmonisation
Next year will see a number of changes to the regulatory framework for securities issuance in Europe. This is as a result of the new Prospectus Direct...
Europe-wide standards are worth all the effort
It must have seemed like a really good idea when someone first proposed adopting the same accounting standards throughout the European Union. It still...
Technical briefing: Impact of Sarbanes-Oxley Act
Section 302 relates to quarterly and annual reports. Section 404 requires annual reports to include an internal control report, stating who is respons...
French revolutions
From January the Europes 7,000 listed companies, and millions of private ones will begin to move from national standards to a common one, which will...
Sparks still fly
This time it was possible to bury the dramatic change in the notes to the accounts.
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Schroders beats sector competitors in new standards first
The asset management group, which had £98.9bn of funds under management at December 31 last year, is expected to reveal its converted accounts on Nov...
Matalan raises fears of hedge fund raid
Phil Dutton, group finance director at Matalan and former Asda finance director, spoke to Finance Week as he revealed the results of a beauty parade i...
Technical Update: SEC Reforms of Listing Transactions
The US Securities and Exchange Commission (SEC) has announced a package of reforms to the process of offering securities to the public in the US.These...
Scottish and Southern slashes pension deficit
The company reported under FRS17, a pension shortfall of £169.3m for the six months to September 30, a 39.9 per cent decrease since the year ended Ma...
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more