Madoff investment scandal

Britain yesterday unveiled long-awaited reforms to the country's corporate reporting and audit regime via a new regulator after a swathe of recent high-profile bankruptcies - but the revamp is a watered-down version of an originally mooted shake-up.    

Bernie Madoff, the man behind the biggest Ponzi scheme in history, has died in prison at the age of 82. Madoff ran a ripoff pyramid scheme that conned thousands of people around the world.

The Turkish banking sector was prepared when the economic crisis driven by the novel coronavirus struck, according to global audit and consultancy firm KPMG on May 6.

KPMG in Turkey analyzed the sectoral impact of the pandemic that shook the world.

Turkish banking sector gives solid signals for the 2020s, the global audit and consultancy firm KPMG said on Dec. 16.  

The sector will focus on maintaining its strong asset quality, the KPMG said in a statement.

Amid concerns about the negative economic and social repercussions of the brain drain, a new survey by Greece's KPMG chapter has found that four in 10 of the Greeks who left the country during the crisis years have no intention of returning.

Police in Sighetu Marmatiei in northern Romania on Monday were investigating who was responsible for anti-Semitic graffiti sprayed on Holocaust survivor and Nobel Prize winner Elie Wiesel's childhood home at the weekend.

Foreign Affairs Ministry (MAE) expresses its regret and strongly condemns and anti-Semitic gestures, with respect to the foul play committed on the 'Elie Wiesel' Memorial House in Sighetu Marmatiei of the Peace Nobel Prize Laureate and Holocaust survivor Elie Wiesel.

The "Elie Wiesel" Institute commemorates the victims of Roma genocide during the Holocaust period and draws attention to the fact that discrimination and racism are still a vulnerability of society.

The National News Agency AGERPRES concluded on Wednesday a partnership agreement with the Elie Wiesel National Institute for the Study of the Holocaust in Romania and the United States Holocaust Memorial Museum (USHMM) in order to establish, implement and disseminate information and activities dedicated to history and understanding of the Holocaust.

UK-headquartered multinational Ernst & Young has been selected by the Bulgarian National Bank to become its international auditor for 2015-2017, the institution has announced.

On an annual basis, the consolidated financial report of BNB has to be verified by an international auditor chosen through a public procurement procedure.