Search Results for: compliance
FATCA Faces Lawsuit, Taxpayer Advocate’s Criticisms
July 23rd, 2015
As I expected, the Foreign Account Tax Compliance Act (FATCA) and its related controversies have not gone gently into that good political night. For starters, Republican U.S. Senator Rand Paul from Kentucky is part of a legal battle, filed ...
UAE Releases FATCA Guidance, Registration Form
July 22nd, 2015
The Finance Ministry of the United Arab Emirates has released US Foreign Account Tax Compliance Act guidance notes and the registration form for entities to access the FATCA reporting portal. FATCA, enacted by the US Congress in 2010, is ...
Smaller firms beat Big Four to ICAEW exam top scores
July 21st, 2015
The institute’s latest ACA exam results show a consistently high level of passes. Nine out of ten (91.8%) passed Business Strategy; 82% passed Audit & Assurance; and 81.7% passed Financial Management. Four of the top score prizes were scooped ...
Waters Rankings 2015 — All the Winners – Technology Providers
July 20th, 2015
At a luncheon held on July 16 at New York’s tony Metropolitan Club, the winners of the 2015 Waters Rankings were revealed As has become summer tradition, end users representing a large swath of the capital markets cast thousands ...
Leading Hedge Funds in Asia Adopt Broadridge’s Trading, Portfolio Management and Operating Solution
July 20th, 2015
BosValen Asset Management and Pleiad Investment Advisors deploy Broadridge’s investment management platform Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that BosValen Asset Management and Pleiad Investment Advisors have adopted Broadridge’s all-inclusive trading, portfolio management and operating platform. Over the ...
India Signs Up For FATCA To Block Black Money
July 20th, 2015
The Indian government’s crackdown on black money is continuing with the signing of a Foreign Account Tax Compliance Act (FATCA) agreement with the USA. Both countries have agreed to swap financial information about bank accounts and investments controlled by ...
Barclays to pay $800,000 fine for U.S. data reporting errors
July 17th, 2015
Wall Street’s self-funded watchdog fined a unit of Barclays PLC (BARC.L) $800,000 (512,377 pounds) for violations related to how the bank reported stock trades over a more than two-year period, hampering the regulator’s ability to properly monitor the market. ...
CySec announces the suspension of the authorisation of CIF ‘1 T.C.R CORP. LTD’
July 16th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: The authorisation of the Cyprus Investment Firm ‘1 T.C.R CORP. LTD’, number 237/14, is suspended, pursuant to section 26(2) of the Investment Services and ...
Philippines, US Sign FATCA Agreement
July 15th, 2015
On July 13, 2015, Philippines Finance Secretary Cesar Purisima and the US Ambassador to the Philippines, Philip Goldberg, signed an inter-governmental agreement (IGA) to facilitate compliance with the Foreign Account Tax Compliance Act (FATCA). FATCA, enacted by the US ...
ICAP announces Trading Statement
July 15th, 2015
Strong growth in Electronic Markets Continued to expand our addressable market Further investment in financial technology assets ICAP has issued an announcement to inform its trading statement for the period from 1 April 2015 to 30 June 2015 Group ...
