By Stephen Bouvier2021-04-20T14:51:00+01:00
PIRC has recommended shareholders vote against the reappointment of Ernst & Young as auditors of NatWest Group.
The corporate governance advisory said in a formal voting recommendation ahead of the NatWest Group annual general meeting next Wednesday that its assessment was based on the audit firm’s approach to the so-called expectations gap in audit.
Tim Bush, head of governance and financial analysis at PIRC, said: “The expectations of auditors are very much higher than is pretended. Until these firms recognise that fact, then why should anyone trust them to be able to vote for them?”
Citi, Barclays, Goldman, RBC, TD: Wall Street elite want to show they care, says Marcus Ashworth
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.
9) the fake social media personas on the Internet, used by the US military and intelligence agencies to affect and lead public opinion in many countries, usually with the intent of inciting civil unrest and revolution. It has been obvious for some time that these tactics have been used domestically as well, the new legislation simply legalising the process. Many US government agencies have obtained this software that permits them to flood the social media with fake people making fake posts in support of government positions and discrediting those who hold contrary views or are critical of the government. The software is extremely detailed, providing extensive backgrounds for these fictitious people, permitting a single human to assume the identities of as many as 1,000 fake people, and make them appear to actually be in a certain physical place or even attending an actual event. They control the IP address, making it impossible to detect that a single person in one location is orches
Davy Stockbrokers are, sadly, too big to fail. This weekend, the firm s solid edifice in Dublin s Dawson street is all that remains upright. Inside, the staff are staggering but still standing. Customers are bewildered, worried that their pensions, shares and savings are at the mercy of a rogue outfit. The Government is shaken by the antics of its favourite stockbroker.
Last week s fine of €4.1m, imposed on Davy by the Central Bank, has revealed a tale of intrigue, deceit and greed. Yet Davy will survive. In Ireland s financial jungle, Davy is the uncrowned king.
Powerful people are at the top of this greasy pole.
Vanguard News
Investors await Trumpet for derivative trading
On
By Sola Oni
Capacity building is one of the statutory functions of the Chartered Institute of Stockbrokers (CIS), even as the high-profile Institute is on a definitive journey towards changing its name to reflect the wider duties of stockbrokers. With the Theme: “ Derivative Markets, Instruments and Contracts”, the Institute held a two-day successful virtual training on Wednesday, February 24 and Thursday, February 25.
The accomplished facilitators, including the Registrar and Chief Executive of the Institute, Adedeji Ajadi, are all stockbrokers. The Institute operates a Continuing Professional Development (CPD) programme annually. The Nigerian Stock Exchange whose Chief Executive Officer, Oscar Onyema, is not only a stockbroker but global derivative trader does a lot of trainings. This implies that human capital is never a threat to trading in derivatives on The Exchange.
vimarsana © 2020. All Rights Reserved.