AIA E-news accountancy newsletter http://www.aiaworldwide.com The following is the "Letter to Hong Kong" on Budget 2010-11 by the Financial Secretary, Mr John C Tsang, broadcast on Radio Television Hong Kong. http://www.aiaworldwide.com/internal/news/fullStory.php?id=53436 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53436 Mon, 08 Mar 2010 19:27:49 GMT EU Trade Commissioner Karel De Gucht and Singapore Minister for Trade and Industry Lim Hng Kiang met to officially launch negotiations for a free trade agreement (FTA) between the EU and Singapore. http://www.aiaworldwide.com/internal/news/fullStory.php?id=53435 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53435 Mon, 08 Mar 2010 19:27:32 GMT Europe appeared satisfied with the new measures announced by the Greek government to fix its financial crisis, although Germans crossed the line yet again "suggesting" Greece sell off its islands. http://www.aiaworldwide.com/internal/news/fullStory.php?id=53434 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53434 Mon, 08 Mar 2010 19:27:10 GMT A meeting between Greek Prime Minister George Papandreou and French President Nicolas Sarkozy in Paris ended with the French president's pledge for solidarity toward Greece and Sarkozy's call to Greece's European partners to show their support, stressing that this solidarity was precisely the reason why the Eurozone and the euro had been established in the first place. http://www.aiaworldwide.com/internal/news/fullStory.php?id=53433 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53433 Mon, 08 Mar 2010 19:26:58 GMT The Government, during the Budget 2010 Announcement, had announced the need to provide a basic motor insurance coverage for third party bodily injury and death (TPBID), at a reasonable premium that is commensurate with the level of protection provided. http://www.aiaworldwide.com/internal/news/fullStory.php?id=53432 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53432 Mon, 08 Mar 2010 19:26:35 GMT I want to make it clear at the outset that job creation in this country is at the top of this Government’s agenda. It is the driving force behind so much of our work in stabilising our public finances and getting our banking system working again. http://www.aiaworldwide.com/internal/news/fullStory.php?id=53431 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53431 Mon, 08 Mar 2010 19:26:17 GMT Companies may be required to report on their progress to get more women into the boardroom, under new proposals. It comes as new research shows that sixty per cent of people think there are not enough women directors in big businesses. http://www.aiaworldwide.com/internal/news/fullStory.php?id=53430 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53430 Mon, 08 Mar 2010 19:25:50 GMT Taxpayers and companies who deliberately evade taxes face having their name, address and details of their evasion made public after new legislation was put into force. http://www.aiaworldwide.com/internal/news/fullStory.php?id=53429 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53429 Mon, 08 Mar 2010 19:25:37 GMT People with offshore investments who have notified HM Revenue & Customs (HMRC) that they want to use the New Disclosure Opportunity (NDO) have until the 12 March to make their disclosures online and to pay all tax, duties, interest and penalties owed in full. http://www.aiaworldwide.com/internal/news/fullStory.php?id=53428 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53428 Mon, 08 Mar 2010 19:25:22 GMT The Money Laundering Regulations 2007 require that all ‘relevant’ employees are required to be ‘made aware’ of the Regulations, and regularly given training in how to recognise and deal with transactions which may be related to money laundering or terrorist financing. http://www.aiaworldwide.com/internal/news/fullStory.php?id=53427 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53427 Mon, 08 Mar 2010 19:25:05 GMT Proposed changes to international accounting standards (IAS 19), due for consultation shortly, could encourage lower risk investment strategies, according to Mercer. http://www.aiaworldwide.com/internal/news/fullStory.php?id=53426 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53426 Mon, 08 Mar 2010 19:24:42 GMT The International Accounting Standards Committee (IASC) Foundation published the second batch of training material for the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs). http://www.aiaworldwide.com/internal/news/fullStory.php?id=53425 http://www.aiaworldwide.com/internal/news/fullStory.php?id=53425 Mon, 08 Mar 2010 19:24:21 GMT