All posts tagged "EY"
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261Australia & NZASIC Increases Scrutiny on Audit Practices as Quality Drops
ASIC's latest inspection results show that audit firms did not obtain the required assurance in 26% of examined key audit areas, particularly in the audit of revenue and non-financial asset impairment.
December 16, 2019 -
1.2KFeatureSingapore Unveils New AI Framework for Financial Institutions
The new 'Veritas' framework aims to improve internal governance among financial institutions around their solutions driven by artificial intelligence and data analytics.
November 13, 2019 -
355Australia & NZKiwiSaver Reform is Key to Boosting NZ Capital Markets: Report
Sponsored by the FMA and NZX, an industry working group has recommended changes to the KiwiSaver scheme, saying it will become the predominant pool of retirement savings over time.
September 10, 2019 -
1.6KAsia-PacificGRI Sets Up in Singapore to Promote Sustainability Reporting in ASEAN
The new ASEAN hub will generate valuable know-how for ESG reporting and sustainable finance, and contribute to Singapore's development as a financial centre, says SGX CEO Tan Boon Gin.
September 4, 2019 -
999Australia & NZAustralia: NAB, EY Under Fire Following Whistleblower Leak
A whistleblower has leaked internal NAB documents to highlight the bank's lax approach to risk management, customer remediation, and conflicts of interest with its auditor.
August 5, 2019 -
1.1KCapital RegulationICBC, Cinda, Great Wall to Restructure Troubled Bank of Jinzhou
An ICBC unit will invest up to 3 billion yuan for a more than 10% stake in Bank of Jinzhou, whose auditor quit in May citing loan inconsistencies.
July 29, 2019 -
606IndiaSEBI Proposes Additional Requirements for Resigning Auditors
Under the proposal, auditors will be required to finalise their audit reports and make detailed disclosures regarding their reasons for resignation from listed companies.
July 22, 2019 -
394Australia & NZANZ in Compliance With Fees-For-No-Service Enforceable Undertaking
ASIC is satisfied with ANZ’s compliance with a March 2018 court enforceable undertaking related to the bank's fees for no service issue.
June 17, 2019 -
486Australia & NZCommonwealth Financial Planning Completes Enforceable Undertaking
ASIC is satisfied that Commonwealth Financial Planning has completed the necessary steps to address a service model that charged fees for no service.
June 13, 2019 -
709Capital Regulation
PBOC to Guarantee Bank of Jinzhou’s CD Issuance
The PBOC introduced the credit risk mitigation tool last year to support bond issuances by private firms. Bank of Jinzhou will be the first to issue interbank CDs under the initiative.
June 11, 2019
