Search Results for: Europe
EU Presidential debate hears call for minimum 18% corporation tax rate across the EU
May 20th, 2019
A debate among the lead candidates for the presidency of the European Commission has heard a call for a minimum 18% corporation tax rate across the EU. The call from the European Regulation Commissioner Frans Timmermans for the 18% ...
$63 Million in fines imposed since GDPR Law went into full effect
May 16th, 2019
GDPR: Europe Counts 65,000 Data Breach Notifications So Far European privacy authorities have received nearly 65,000 data breach notifications since the EU’s new privacy law went into full effect. In addition, regulators in 11 European countries have imposed $63 ...
GDPR close to one year anniversary; Has lived up to its potential?
May 8th, 2019
The European Union’s General Data Protection Regulation was celebrated as a revolution in how internet privacy could be legislated. It was a reaction to long-term concerns in the EU about information collection by tech giants like Facebook, Alphabet and ...
6.2% of the population in Eupean Union were severely materially deprived
May 8th, 2019
In 2018, 6.2 % of the population or around 31 million people in the European Union (EU) were severely materially deprived. This means that they cannot afford at least four of the following items, which are considered by most ...
Cyber wars and all that
May 3rd, 2019
Behind the Huawei story, we must not forget there is a wider financial war being waged by America against China and Russia. Stories about China’s banks being short of dollars are incorrect: the shortage is of inward capital ...
ESMA renews decision in relation to contracts for differences
May 3rd, 2019
The European Securities and Markets Authority (ESMA) has issued an announcement to inform about its decision for restrictions in relation to Contracts For Differences (CFDs). In accordance ESMA’s announcement, on 17 April 2019, the ESMA adopted a Decision under ...
The Lesson Of Argentina: You Can’t Stabilize A Bankrupt Economy
May 2nd, 2019
So the U.S. puts Republicans (the party of small government) in charge, and gets… trillion dollar deficits as far as the eye can see AND a revival of socialism among Democrats. Scary as this may seem, the real (and ...
Wrong handling of user data may cost up to $5B for Facebook
April 25th, 2019
Facebook said Wednesday it expects to shell out between $3 billion and $5 billion to settle the FTC’s ongoing investigation into its handling of user data, foreshadowing a potentially massive penalty from the nation’s top consumer protection agency. The ...
Dutch Beneficial Ownership Register effective 2020
April 25th, 2019
The Dutch Government has confirmed that a registry of ultimate beneficial owners of companies will enter into force in the Netherlands from January 2020. Legislation to implement the UBO register was submitted to the lower house of parliament on ...
U.S. dollar traded close to a near two-year peak; Gold prices were little changed on Thursday
April 25th, 2019
Gold prices were little changed on Thursday as a firm dollar nullified support from faltering equities and a slew of weak economic data from far and wide that raised flags about the pace of global economic growth. Spot gold ...