London Stock Exchange news from FierceComplianceIT
NewsALSO NOTED: Spreadsheets still reign; Can Sarbox compliance learn from NFL?;> Does the U.S. reporting system need to be scrapped? The SEC has put together a committee to look at a possible switch from rules-based accounting to principles-based account. The accounting... Read more... ALSO NOTED: More on RFID-based Sarbox solutions; Big Japanese firms to delay results because of Sarbanes-Oxley;> An SEC commissioner has been put on the defensive after an outcry arose in London over his comments that the London Stock Exchange's AIM was akin to a casino. ALSO NOTED: Apple's other Sarbox problem; Does FASB still make sense?> Recall that Mayor Bloomberg commissioned McKinsey to study the U.S. financial markets. No surprise: it found that Sarbox was one reason New York City could lose its spot as the world's... Read more... ALSO NOTED: Some small companies face options deadline; SEC eases delisting requirements for big foreign firms;> Home Depot's announcement that it discovered improprieties in its options backdating practices stretching back 26 years made headlines. The news was notable for another reason: It... Read more... ALSO NOTED: Exchange war update; PCAOB meeting set;> We've discussed a lot here that the NYSE and Nasdaq are pushing abroad in part to... Read more... ALSO NOTED: Sarbox gooses in-house lawyer pay; LSE bent on staying out of Nasdaq's clutches;> A new study finds that a lack of guidance and the ill-fitting nature of COSO's 1992 framework has boosted compliance costs. Initial reaction: Tell us something we don't know. Interesting case study: Chinese firms flock to Nasdaq
The conventional wisdom, which the NYSE and Nasdaq are happy to trumpet, is that Sarbanes Oxley is hampering the efforts of U.S. exchanges to market to foreign companies. The numbers seem to suggest... Read more...
ALSO NOTED: Who's to blame for options snafus?; Super lawyer on the hot seat> Edgar, we hardly knew ya. Looks like the SEC is moving toward creating an electronic filing system that will shove Edgar out the door. It has awarded three contracts to build such a system.... Read more... PCAOB inspects E&Y's London officesThe PCAOB reportedly began inspections of Ernst & Young's London offices last month. Inspectors spent two weeks in the offices and have scheduled another visit for this month. Other London... Read more... AIM may not be an easy alternative to NasdaqWe've discussed the rise of the London Stock Exchange before. Clearly, it's continuing to enjoy a banner year for initial public offerings. And more companies around the world are seeing it as a... Read more... | Press ReleasesJosh Strasner Appointed CEO of Logica in North AmericaHOUSTON--(BUSINESS WIRE)-- Logica, a leading business and technology service company, today announces the appointment of Josh Strasner as CEO for its operations in North America. In this role, he Read more >> TASE - The Week in Review: August 29 - September 2, 2010TEL AVIV, Israel--(BUSINESS WIRE)-- Trading on the Tel Aviv Stock Exchange (TASE) during the last week was marked by high volatility and price gains in all leading indices, in keeping with the global Read more >> Research and Markets: World Exchanges: Global Industry Outlook and Investment Analysis 2010DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/67ef3d/world_exchanges_g) has announced the addition of the "World Exchanges: Global Industry Outlook and Read more >> TASE - The Week in Review: August 22-26, 2010TEL AVIV, Israel--(BUSINESS WIRE)-- Trading on the Tel-Aviv Stock Exchange (TASE) during the fourth week of August was marked by high volatility and mixed trend. The TA-25 index which decreased 1.9% Read more >> Mitsubishi Electric to Apply for Delisting from Certain Stock ExchangesTOKYO--(BUSINESS WIRE)-- Mitsubishi Electric Corporation (TOKYO: 6503) has taken the decision to file applications with the regulatory authorities of the respective stock exchanges referred to below, Read more >> |
