Unauthorised trading is the biggest risk treasury departments face |
Issue: 03 / 2002 |
In recent times, there have been several high profile rogue trading cases. Donal Galvin says that in order to avoid the severe damage these cases caused, treasury departments need to implement key control activities such as reviews of operating performance, as well as adequate and effective audit programs. |
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While the euro has been a success, work remains on creating a single market for financial services |
Issue: 03 / 2002 |
The introduction of the euro has helped lower a number of technical, regulatory and psychological barriers that in the past have segmented Europe's financial markets along national lines. Moreover, the recent compromise struck between the European Parliament and Commission on the Lamfalussy Report holds out the welcome prospect of faster progress on regulatory harmonization. However, the magnitude of what remains to be done should not be underestimated says Anne Kruger. |
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Who’s who in Finance: Bill Handley, Managing Director, Barclays Bank Ireland |
Issue: 03 / 2002 |
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Adoption of ‘wise men’ programme to speed up financial reform |
Issue: 02 / 2002 |
The European Parliament has adopted the programme put forward by the committee of ‘wise men’ headed by former Belgian central banker Alexandre Lamfalussy. |
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Anglo Irish aim to increase presence stateside |
Issue: 02 / 2002 |
Anglo Irish Bank is looking into opening an office in New York. |
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Bill to be enacted by Easter |
Issue: 02 / 2002 |
The Pensions Bill will be enacted by the end of March, the Minister for Social, Community and Family Affairs, Dermot Ahern has promised. |
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Credit risk tops concerns for Irish bankers |
Issue: 02 / 2002 |
The banking industry faces its most stressful period for ten years with the onset of world economic recession and the danger of escalating bad debts. This warning comes in a poll of top bankers, regulators and analysts from 15 countries, including Ireland. |
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ECB expected to cut rates again |
Issue: 02 / 2002 |
This month we introduce The Finance Economic Panel, consisting of leading Irish market participants and analysts, who each month will provide views on key financial markets, covering currencies, equities and the gilt markets. |
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EDITORIAL |
Issue: 02 / 2002 |
Taxes: to hold or to cut, that is the question |
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Enron casts long shadow |
Issue: 02 / 2002 |
With the collapse of Enron, the investigations into its affairs have given the role of the independent auditor a major media profile. The next 12 months will see a renewal of the debate on the degree to which the auditing profession in Ireland can self regulate. With substantial changes taking place on an international scale, the profession will have a lot of work to do in arguing the case for self-regulation says Peter Carroll. |
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EU and retrospective legislation |
Issue: 02 / 2002 |
A European Court of Justice case may reinforce objections to retrospective taxation legislation . The case is based on EU principles of law which are similar to provisions of our Irish constitution and therefore has a potentially wide scope. |
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Euro to fall further |
Issue: 02 / 2002 |
The euro looks set to struggle as prospects for a US recovery outweigh any possible European recovery says Jim Power of Friends First in the first Markets Outlook: The Finance Economic Panel. |
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Finance Bill ignores transfer pricing |
Issue: 02 / 2002 |
In the lead up to the December 2001 Budget there was much speculation about whether the introduction of a transfer pricing regime would be announced by the Minister for Finance. |
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Government to discuss plans for IFSC |
Issue: 02 / 2002 |
The Minister of Finance, Charlie McCreevy will give a key note speech at the forthcoming Finance Dublin Conference to be held on April 9-10th, in the Burlington Hotel Dublin. |
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Hedging against the weather |
Issue: 02 / 2002 |
Scientists put a man on the moon over thirty years ago, but we still cannot produce a reliable weather forecast beyond five days. Robert McGlynn explains weather derivatives and details how they allow you to manage risk. |
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