By José Vinals’ Brisbane and Basel may be 10,000 miles apart, but when it comes to financial regulation the two cities will be standing cheek by jowl. At the next summit of the Group of Twenty advanced and emerging economies, to be held in Brisbane in November, political leaders will […]
Author: InvestAdvocate
SEC judge bars “Big Four” China units for six months over audits
Chinese units of the global “Big Four” accounting firms should be suspended from auditing U.S.-listed companies for six months, a judge in the United States ruled, in an escalation in a long-running dispute over regulators’ access to documents. In a harshly worded 112-page ruling, Securities and Exchange Commission Administrative Law […]
Nigeria puts $300 million World Bank cash into mortgage agency
Nigeria has put $300 million worth of World Bank aid money into a mortgage-backed guarantee that it hopes will boost lending via the creation of a secondary market, the finance ministry said on Wednesday. Africa’s most populous country and second biggest economy suffers a woeful housing shortage, with somewhere between […]
