CCR World Magazine

The International Corporate Governance Network (‘ICGN’) is pleased to announce the 2013 Scholarship Programme, naming seven corporate governance practitioners from Morocco, Indonesia, Nigeria, Peru, the Netherlands and Pakistan as this year’s scholars. The announcement is made in advance of the ICGN Annual Conference & AGM which will take place on 26-28 June at the Grand Hyatt, NYC, USA.

London, 18 June 2013 - S&P Capital IQ today announced that it has completed a project to validate the Development Bank of Kazakhstan’s (DBK) internal credit risk assessment models.

WASHINGTON — As part of its participation in last week’s Clinton Global Initiative America meeting, the American Bankers Association (ABA) pledged to educate young people on the financial concepts and skills that will be needed in order to finance higher education. ABA presented its “Paying for College” campaign to leaders from the business, government, and nonprofit sectors.

Brussels, 14 June 2013 - Ogone, a leading global online payment services specialist, has upgraded its on-line fraud protection package with the latest detection technology tools and launched a new product, Ogone Fraud Expert™. Merchants are being offered improved protection against online fraudsters which features the added benefit of helping those merchants increase their online payment revenues by reducing the rejection of legitimate transactions and the costs relating to automatic or manual checks.

BRUSSELS – 12 June 2013 – European consumer credit providers, represented through Eurofinas, granted new loans worth €312.1 billion in 2012, a decrease of -7.2% compared to 2011. The results of the Eurofinas 2012 Annual Survey show that this deterioration was driven by declines in personal loans (-6.4%) and mortgages (-35.0%).

Gütersloh/Oslo -  The path to the merger of arvato infoscore with the Gothia Financial Group is clear: today, the competent regulatory authorities gave the go-ahead for the merger of the two companies. The merger of Gothia with the arvato infoscore subsidiary as the core unit turns arvato into Europe's No. 3 in the rapidly growing financial services market. The new joint venture that will be headed by arvato board member Michael Weinreich as CEO employs more than 3,600 people in 14 European countries and is expected to generate revenues of EUR 500 million this year.

Salvepar (or the "Company") has committed to invest US$7 million in Latin America Power Holding B.V. ("LAP"), a developer and operator of renewable energy projects in Chile and Peru, with a staff of approximately 65 employees.

IR Magazine’s Investor Perception Study, Europe 2013, carried out in Q1 2013, examined a range of issues including the concerns of the investment community about the macroeconomic environment, what it wants cash-rich companies to do with their cash piles, and the performance of IROs across Europe.

June 12, 2013 – New York, NY – Harold Finders, chief executive officer, SunGard Financial Systems, said, “The finance industry has undergone a transformation over the last five years imposed by the evolution of client requirements, escalating regulatory and risk demands, increased competition and budget pressures. As financial services firms are now growing accustomed to this new normal, they are moving beyond survival mode to focus on growth and future success. These firms are re-evaluating their business models to achieve this, driving important global technology trends across financial services.”

Extractive companies (such as mining and logging) will no longer be able to operate in the shadows when the European Parliament votes to ratify tough new rules on corporate transparency.