AIA operates a range of sanctions imposed on members relating to the seriousness of misconduct, the level and history of non-compliance and the risk posed to the interests of the public and the integrity of AIA’s reputation. The AIA Sanctions Handbook is used by AIA disciplinary committees for all complaints and non-compliance referrals they consider; AIA operates an effective and proportionate enforcement policy, applied in a fair and consistent manner.
The Financial Reporting Council (FRC) has issued amendments to new UK GAAP to improve the accounting for certain financial transactions, which will also improve ease of use of the standards and reduce the cost of compliance.
The Financial Reporting Council (FRC) has today issued a consultation on Statutory Regulations and Guidance for Local Public Audits, as part of establishing the new regulatory framework for local public audit in England and Wales.
China's economic growth is showing more recovery signs in the second quarter after a bumpy start in the beginning of the year, but renewed setbacks may come from the ongoing property downturn, according to economists.
China and Brazil sealed their expanding commercial partnership on 17 July 2014 with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.
Chinese President, Xi Jinping, has said that China will work with Latin American and Caribbean countries to boost their two-way trade to $500 billion in ten years.