Deloitte
Getting ready for IAS
With International Accounting Standard 39 set to be implemented in Australia in January 2005, John Kidd and Jim Godsil of Deloitte Touche Tohmatsu warn that early preparation is critical.
The consulting conundrum
Gone are the Y2K days, when consultancies could exploit their strong positions and bill their clients big money for questionable services. The roles have been reversed for financial services firms, and consultancies are having to back up their ‘smoke and…
The Price May Not Be Right!
Significant events that occur after a market has closed—but before the fund is valued—may lead to consumers buying a fund at an incorrect price due to stale pricing.
Fed to explore operational risks in clearance of US government securities
The US Federal Reserve Board has established a private sector working group to recommend steps to mitigate operational risks in the clearance and settlement of US government securities.
Deloitte study finds 25% of financial firms have no risk oversight
More than a quarter of the world's financial institutions - primarily commercial and retail banks and insurers - have no independent risk oversight function, according to a new survey by professional services firm Deloitte & Touche.
Hong Kong banks set to struggle with Basel II
Many of Hong Kong’s banks could struggle to implement the Basel II capital adequacy accord because of their lack of sophisticated risk management systems, professional services firm Deloitte Touche Tohmatsu said in October.
Hong Kong banks set to struggle with Basel II
Many of Hong Kong’s banks could struggle to implement the new proposals for capital adequacy by the Basel Committee on Banking Supervision, due to their lack of sophisticated risk management systems, claimed consultants Deloitte Touche Tohmatsu at a…