Search Results for: compliance
Hello Markets Seals Partnership Deal with Cantor Exchange
June 23rd, 2015
Hello Markets is pleased to announce that it has successfully sealed a partnership deal with Cantor Exchange (CX) as an Independent Software Vendor and trading-platform provider. Cantor Exchange is a Designated Contract Market offering Binary Options which are regulated ...
Bank of China issued an announcement regarding investigations in Italy for Money Laundering
June 23rd, 2015
The Bank of China has issued an announcement informing that: The Bank has noticed recent media reports in relation to the Bank’s Milan Branch having received a notification from the Italian judicial authorities in 2012, requesting its cooperation in compliance investigations ...
UAE and US sign agreement to provide tax information
June 22nd, 2015
The UAE and US have signed an agreement to implement America’s new Foreign Account Tax Compliance Act (FATCA), the Ministry of Finance announced in a statement carried by state news agency WAM on Saturday. The agreement means all US ...
Taxman steps up war on dodgers with more raids
June 22nd, 2015
Property searches by HM Revenue & Customs rose by nearly a fifth last year as the Government raised the pressure to combat tax evasion. Investigators made 593 raids in the year to 31 March, up from 500 the previous ...
Milford Asset Management to pay $1.5 million following FMA investigation
June 18th, 2015
The Financial Markets Authority (FMA) has completed its investigation into certain trading activity between December 2013 and August 2014 by a trader employed by Milford Asset Management Limited (Milford). The FMA considers that the trading conduct breached the market ...
FCA imposed £1.47bn in fines in 2014 with UBS and Citibank among worst offenders
June 17th, 2015
The Financial Conduct Authority (FCA) imposed £1.47bn (€2.04bn, $2.3bn) in fines on companies in 2014, a rise of 68% from the year before, according to a study by Kinetic Partners. The study showed the average fine imposed on businesses ...
Bank of Russia key rate
June 15th, 2015
On 15 June 2015, the Bank of Russia Board of Directors decided to reduce the key rate from 12.50 to 11.50 percent per annum, taking account of lower inflation risks and persistent risks of considerable economy cooling. Amid significant contraction in consumer demand and ruble appreciation in February-May 2015, consumer ...
CySec announces the suspension of the authorisation of CIF ‘CommexFX Ltd’
June 12th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: The authorisation of the Cyprus Investment Firm ‘CommexFX Ltd’, number 153/11, is suspended, pursuant to section 26(2) of the Investment Services and Activities and ...
Plus500 Ltd: Update re remediation plan
June 9th, 2015
Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces the following update regarding its remediation plan for customers of Plus500UK. Remediation plan update As stated in the AGM Trading Update and Statement on ...
The tax function must transform to become a strategic business asset
June 8th, 2015
Never before has tax been more important to governments, taxpayers and other stakeholders. Increased global compliance requirements, together with a greater need for robust controls to manage tax risks and a desire to use data analytics to assist in ...
