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...One of the top options is Roxburgh, a McKinsey and Treasury veteran who was second permanent secretary in charge of financial services from 2016 until 2022....
...Internal reviews of audit work failed to spot poor quality work, such as not properly checking certain financial transactions, according to the settlement....
...The surge in fees has also coincided with the Financial Reporting Council, the UK audit watchdog, increasing enforcement over poor quality audits and demanding that firms improve their work after a slew...
...It is traditional and sensible to exclude the financial sector when valuing the market, because financials generally and banks in particular cannot be sensibly valued on earnings....
...The Financial Times has reported a number of possible candidates....
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...At best, it generates “proto-picks”: companies with promising sets of financial characteristics that, with further work, might turn into stock picks....
...An investigation by The Insider, Spiegel, ZDF and the Austrian Standard found Marsalek’s entanglement with the GRU, Russia’s notorious military intelligence service, long predated Wirecard’s June 2020 collapse...
...The Financial Conduct Authority said on Tuesday that if social media influencers promote financial products or services without proper approval or authorisation, they may be committing a criminal offence...
...These could be poor health, such as cognitive impairment, life events such as new caring responsibilities, low resilience to cope with financial or emotional shocks and low capability, such as poor literacy...
...But according to the platform, this approach may no longer be enough to sustain a comfortable standard of living in later life, especially given the poor performance in recent years of purportedly safer...
...The FCA has previously warned the retail investment industry that consumers are not always receiving value for money where ongoing services are offered by financial advisers....
...“I’ve never seen anything like this,” says Jarryd Anderson, co-chair of the financial services group at law firm Paul, Weiss....
...It added: “This relationship is underpinned by a commitment to international standards and a shared belief in the value of open and resilient financial markets.”...
...Standard Chartered’s outgoing head of investment banking has sold £9.64mn of shares days after the bank revealed he would be leaving amid a corporate shakeup....
...“KPMG’s audit did not meet the required quality standards in a number of respects amounting to serious audit failings and breaches of audit standards,” said Claudia Mortimore, deputy executive counsel at...
...Standard Chartered’s chief executive Bill Winters said the bank’s “crap” share price did not reflect its true value, as fourth-quarter profits surged almost tenfold....
...The country needs to capitalise on its strengths as a “superpower” in services sectors such as education, banking, the arts, and architecture as part of its effort to address the gulf in living standards...
...Polly Neate, chief executive of housing charity Shelter, said Gove’s proposed changes risked “creating more poor-quality housing with squalid conditions” and that “the safety standards in homes like these...
...This does not mean that the standard thinking that services reflect domestic inflationary pressures and that BIS research can be ignored....
...The crypto industry “should follow the standards expected of similar existing financial service activities, commensurate to the risks they pose,” the government said....
...UK Finance, an industry group representing major banks and financial services firms, estimated that the number of personal purchase scams — involving goods or services that are paid for but not received...
...adapt to the anti-deforestation regulation, three EU officials told the Financial Times....
...A range of global wire services have pulled a Mother’s Day picture of the Princess of Wales and her three children over fears the image of high-profile members of the British royal family may have been digitally...
...“The concerning backlog of unaudited accounts undermines this, so we must act decisively to bring the system back to a standard the public deserves,” she added....
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