PwC
Risk Advisory Group hires new experts
The Risk Advisory Group (Trag), a UK-based business intelligence and investigations consultancy, has made senior appointments in its corporate investigations and security risk management divisions.
There can be no more Basel delays, warns Bolkestein
The European Union will not meet its CAD 3 implementation targets if the new Basel II capital Accord is hit by further delays, Frits Bolkestein, internal market and taxation commissioner for the European Commission (EC), warned at a conference today.
Running late
Oil
Totem and PwC terminate six-year relationship
UK derivatives pricing service provider Totem Market Valuations and international accounting firm PricewaterhouseCoopers (PwC) have ended a six-year co-operation relationship.
Investors and auditors differ on Sarbanes-Oxley's effectiveness
WASHINGTON, DC - Institutional investors and auditors remain at odds over how effective the Sarbanes-Oxley Act has been so far, with the former advocating a broader scope for the act and the latter warning that it may have already gone too far.
Energy firms face “crunch time” for accounting compliance
Professional services firm PricewaterhouseCoopers (PwC) says time is running out for energy and utility companies to get to grips with the pending implementation of the International Financial Reporting Standards (IFRS).
Energy companies face ‘crunch time’ for accounting compliance
PricewaterhouseCoopers (PWC) believes time is running out for energy and utility companies to get to grips with the pending implemenation of the International Financial Reporting Standards (IFRS).
The global standard
In this article on anti-money laundering, Dominic Nixon and Rohan Bedi of PricewaterhouseCoopers analyse the final changes to the Financial Action Task Force (FATF) 40 recommendations.
China opts out of Basel II
China's banking regulator, the China Banking Regulatory Commission (CBRC), has opted out of Basel II, declaring that the country's financial institutions won't be ready to adopt the new Accord by the end-2006 deadline.
Getting to grips with fair value
European corporate treasurers and finance officers are still way behind in their preparations for IAS 39.
Reputation is the biggest risk, says PwC
Reputational risk is now the biggest single risk financial institutions face, according to professional services firm PricewaterhouseCoopers (PwC).
Reputation is the biggest risk, says PwC
Reputational risk is now the biggest single risk financial institutions face, according to professional services firm PricewaterhouseCoopers (PwC).
A race to the finish
The Basel Committee's third consultative paper contained few surprises. Regulators are nowfocusing on implementation, despite banks' major concerns about the treatment of riskmitigation techniques.
European companies see more potential in energy trading than US counterparts
European energy companies display a more upbeat sentiment towards energy trading than their US counterparts, according to a PricewaterhouseCoopers survey published this week. The study was conducted throughout December 2002 by interviewing 107 senior…
Compliance: Widening the net
In this article on anti-money laundering, Dominic Nixon and Rohan Bedi from PricewaterhouseCoopers analyse the changes to the Financial Action Task Force recommendations, and how they will affect Asia's financial institutions.
Trading with a small ‘t’
What made headlines before is now becoming everyday news: energy companies are scaling back or leaving energy trading. Some industry observers are emphasising the shift to ‘trading around assets’. Anne Ku investigates just what this means
US retreat hits European trading
The retreat of US energy firms from energy trading has reportedly hit European volumes hard. But volumes aside, James Ockenden finds that the withdrawal may bring a fundamental change in the market. With additional reporting by Eurof Thomas
PwC: Poor governance will cost capital
HONG KONG - Sixty percent of respondents to a recent PriceWaterhouseCoopers (PwC) study indicated that trust in financial institutions had been eroded globally.
G-30 Proposes Global Clearing and Settlement Reforms
London — Today the Group of 30 proposed a series of 20 major reforms for the clearing and settlement infrastructure of the global capital markets.
Op Risk systems: A moving target
Collecting and storing appropriate operational risk data remains a problem for technology managers and operational risk managers alike. Is any progress being made?
Energy companies should embrace trading, says report
Energy companies must embrace trading if they are to survive in the post-Enron market, said a new report by consultants PricewaterhouseCoopers (PWC).
Trade associations launch IRB survey
The International Swaps and Derivatives Association, the Risk Management Association and the British Bankers' Association today launched a survey of the validation of banks' internal credit ratings, a key element underlying the internal ratings-based …
Trade associations launch IRB survey
The International Swaps and Derivatives Association, the Risk Management Association and the British Bankers' Association today launched a survey of the validation of banks' internal credit ratings, a key element underlying the internal ratings-based …
Financial institutions must take lead in rebuilding public trust, says PwC
Financial institutions need to lead the way in improved transparency, but are uncertain about how best to improve their own standards of disclosure and governance, according to a study by financial services firm PricewaterhouseCoopers (PwC).