Top Forex Reviews

Quick Read

On 13 January 2012, The Stock Exchange of Hong Kong Limited (“SEHK“) published its “Financial Statements Review Programme Report 2011″ (“Report“) summarising the key observations and findings from its review of 100 periodic financial reports released by issuers between October 2009 and April 2011.

Background

SEHK operates a Financial Statements Review Programme (“FSRP“) to monitor financial reports (including quarterly, interim and annual reports) published by issuers for compliance with the requirements of:

• the Rules Governing the Listing of Securities on SEHK;

• Companies Ordinance; and

• applicable accounting standards such as the Hong Kong Financial Reporting Standards, International Financial Reporting Standards and Accounting Standards for Business Enterprises (“CASBE“) (for Mainland China issuers which have adopted the CASBE).

SEHK publishes reports of its key findings and observations from the FSRP on a regular basis to alert issuers of the possible pitfalls in preparing their financial reports.

Full post…

Most credit reports costs a minimum of $10.50 depending on where you purchase from. That’s more than $30 for three credit reports at a time.

We’re all entitled to a free annual credit report each year from AnnualCreditReport.com, but certain states have laws that grant an additional free credit report each year. Other states have laws that discount credit reports. For example, credit reports cost $3 in Minnesota.

The US Department of the Treasury (the “IRS”) recently released temporary and proposed regulations (the “Temporary Regulations”), effective December 19, 2011, to implement the provisions of the Hiring Incentives to Restore Employment (HIRE) Act that require individuals to report specified foreign financial assets (“SFFAs”) to the IRS. The Temporary Regulations apply to individuals required to file Form 1040, “US Individual Income Tax Return,” and to certain individuals required to file Form 1040-NR, “Nonresident Alien Income Tax Return.” The reporting required under the Temporary Regulations must be made on Form 8938, Statement of Specified Foreign Financial Assets. Full post…

There are a few things you should do with a new credit card, even if it’s not your first credit card. For one, you’ll have to activate it before you can use it. You should also read over the pricing list so you’re aware of the interest rate and fees, especially the amount and timing of any promotional rates you have.

Before you use any card – new or old – you should plan your purchase, set a spending limit, and know how you’re going to pay back your charges. Read More: 10 Things to Do With a New Credit Card.

The Great Recession that began in 2008 altered an array of fundamental market assumptions, bank valuations included. Prior to the recession’s onslaught, acquisition premiums were the norm. Between 2002 and 2007, the average price-to-book ratio for acquisitions of domestic commercial banks ranged between 2.26-to-2.56 times book value. During roughly the same period, there were more than 1,300 bank acquisitions. For investors in the community banking industry, the game plan was straightforward: invest in a de novo or other small bank, grow it while achieving a modest return on equity, and then collect the buyout premium from a strategic or financial purchaser. V Full post…

When you are looking to secure a new credit card but haven’t applied for one in a long time, it may be in your best interest to take a closer look at how things have changed. What you don’t know about today’s credit card can cost you not just cash but also your ever-important credit score.

Here are 5 things you may not realize about a new credit card:

Credit Is Harder to Get

Because of the recent troubles in the credit industry, credit card providers are taking a much closer look at consumer credit scores before approving card applications. If yo

Full post…

They’re here! The biggest shopping days of the season have finally come. Retailers aren’t the only ones looking forward to all the credit cards coming out during this time of year. Credit card thieves are also on the prowl, waiting for the opportunity to swipe your credit cards or just your credit card information.

This time of year, it’s especially important to practice safe credit card habits to prevent credit card theft and credit card fraud. Here are some articles to help you.

The Federal Reserve Board recently revised Regulation B in response to changes to the ECOA and FCRA made pursuant to the Dodd-Frank Act. Although the new requirements went into effect in July 2011, many lenders are still confused as to whether the new requirements apply to their credit practices.

Overview

If you obtain a “credit score” on your customers from a consumer reporting agency (note: CRA is not limited to national companies like Experian), then the new requirements likely apply.

The requirements may even apply if you internally generate a proprietary “score”.

Full post…

Perks

Perhaps the biggest benefit of Escape by Discover is that you can earn 25,000 bonus Miles earned if you make a purchase every month for the first 25 months. You earn 1,000 each month you make a purchase and the full 25,000 as long as you make a purchase every month. It only applies for the first 25 months of the card.

With Escape by Discover you earn an unlimited number of double Miles for every $1 you spend on purchases versus just 1 Mile per $1 spent on most purchases on the Miles by Discover. Earn an additional 2 Miles (a total of 4) for every $1 spent in Discover’s online mall. M

Full post…

What do you do when a debt collector calls? In the age of caller ID, a lot of us probably ignore calls from 1-800 numbers. You never know when someone is calling to sign up you up for some service or ask you to pay up on a bill you can’t afford to pay. If I’m near a computer, I Google 1-800 numbers before I pickup.

What about when you actually answer the phone and there’s a debt collector on the other end? Don’t panic. Don’t agree to a payment until you’ve verified the debt is yours and you’ve confirmed you can and should pay it.

Full post…