To date, I have been running for thirteen years, with some large gaps in between. There have been weeks and sometimes months that I have needed a break from it. Like a relationship, I needed some time to myself to regroup. Audit arrangementsThe Comptroller and Auditor General, Sir Amyas Morse KCB, has been appointed as the BBC auditor. He is supported in this role by the National Audit Office. Sir Amyas and the NAO are independent of government.
President Donald Trump push for tariffs on imported cars and trucks threatened a shake up of the global auto industry while motivating nations including China and Germany to reiterate commitments of varying strength to free trade. Statement late Wednesday that it investigating auto imports on national security concerns drew pointed responses from Japan and South Korea two nations that have been at pains to placate Trump as well as Germany. And China, which in contrast to Washington actions announced on Thursday it will reduce import duties on a range of consumer goods in a bid to open its market to outsiders.The competing headlines demonstrate how the world two largest economies are likely set for years of skirmishes over commerce as Trump already backs away from an agreement struck just last weekend with China amid domestic criticism.broad, comprehensive restrictions on such a large industry could cause confusion in world markets, and could lead to the breakdown of the multilateral trade system based on WTO rules, Japanese Trade Minister Hiroshige Seko said Thursday in Tokyo.
Press junkets are common in the shoe industry. But Under Armour dedicated considerable resources to its event in hopes of making as big a splash as possible. Appearances were planned for Mr. 5MBCurrently, techniques used in surveying species include manual counting, Bioacoustics and computer vision. The latter is still under development by researchers. Hitherto, no computer vision technique has fully been deployed in the field for counting species as these techniques use high quality and detailed images of stationary birds, which make them impractical for deployment in the field, as most species in the field are in flight and sometimes distant from the cameras field of view.
The APRA inquiry follows Federal Court action by the financial intelligence agency AUSTRAC, which has accused CBA of breaching anti money laundering regulations on nearly 54,000 occasions.In addition, corporate regulator ASIC is investigating CBA to determine whether its directors met continuous disclosure obligations to its investors, while a potential shareholder class action against the bank has also been announced.An independent panel will be appointed by APRA to investigate the bank’s practices, with CBA footing the bill for the inquiry.APRA chairman Wayne Byres said the Commonwealth Bank was financially sound and well capitalised but a series of scandals had dented public confidence in the institution.”The overarching goal of the prudential inquiry is to identify any core organisational and cultural drivers at the heart of these issues and to provide the community with confidence that any shortcomings identified are promptly and adequately addressed,” he said in a statement.Treasurer’s ‘Nike approach’Treasurer Scott Morrison said he has been talking with APRA and the other financial regulators about the CBA case, but added that the inquiry was not instigated by the Government.”This is a practical inquiry by APRA, it isn’t a show trial,” he told reporters at a press conference.”It isn’t a political witch hunt. It isn’t any sort of political process. They are an independent regulator.”Mr Morrison said a pattern of poor regulatory compliance and bad practices by the Commonwealth Bank across several business areas have forced the regulator’s hand.”There hasn’t just been one incident here with CBA, there have now been a series of incidents,” he added.Profit at what cost? The latest allegations against the Commonwealth Bank highlight a deeply disturbing failure, Ian Verrender writes.”I think that is what has brought APRA forward, to look at what are the broader issues, here, the organisational issues, the corporate governance issues, and so on.”However, Mr Morrison again dismissed calls from Labor, The Greens and much of the crossbench for a royal commission into the banking system.”It’s not going to get anything happening now, it’s just going to kick the issue down the road for another three years,” he said.”The things that a royal commission could potentially recommend, we’re already doing that.”Increased powers and resources for ASIC tick, done, swoosh.”Just do it.