FRS has been selected by Dresdner Bank Luxembourg to provide a new software platform. The new platform should enable the bank to meet the stringent requirements of new Common Reporting (COREP) and Financial Reporting (FINREP) Standards. Dresdner Bank needed to address its reporting capabilities in line with new regulatory requirements in Luxembourg due to come into force by January 2008. COREP and FINREP are guidelines set out by the Committee of European Banking Supervisors (CEBS), to homogenise, simplify, and accelerate the exchange of financial information.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.