Some risk officers at international and domestic banks in the Asia-Pacific region are frustrated by the regulatory focus on country-by-country stress tests and a trend towards branch liquidity.
Ex-Czech National Bank governor Zdeněk Tůma joins consulting and auditing firm; tells local media he is keeping an eye on Prague administration
Reserve Bank of Australia plans joint sale of polymer subsidiary following alleged bribery scandal
Independent auditor says Australian central bank’s polymer subsidiary Securency failed to uphold its standards in dealing with its foreign business agents
Sir James Crosby has resigned as deputy chairman of the Financial Services Authority (FSA) in Britain, following allegations that he sacked a senior risk manager at HBOS, a bank Crosby headed, who raised concerns over the risk exposure of the bank.
The Bank of England has decided to offer its audit work to Big Four rival KPMG, ending one of PricewaterhouseCoopers longest running audit contracts.
KPMG was chosen on 7 November to audit the National Bank of Bulgaria's accounts a report said. Other candidates for the job were Ernst & Young and Deloitte & Touche, Novinite reported.
A new report, commissioned from KPMG by the UK government, reveals problems "inherent in all aspects" of efforts to track money laundering in the UK.
Five auditing companies with foreign partners have been included in a list of firms approved by China's regulators to conduct financial audits, People's Bank of China said Tuesday.