Search Results for: EU
Euronext to offer MiFID II-compliant Trade Publication and Transaction Reporting Services
July 13th, 2016
Euronext announced it will enhance its Trade Publication and Transaction Reporting Servicesto allow investment firms to meet the new regulatory requirements specified under MiFID II. MiFID II comes into effect in January 2018 with the aim of improving the ...
Elliott Wave Analysis On EURJPY And NZDUSD
July 12th, 2016
EURJPY EURJP is still searching higher for the wave C resistance. Possible resistance can be seen around 117.50-70 area, from where even a reversal lower may occur. Keep in mind that for a successful reversal, a five wave structure ...
European stocks are expected to open lower on Tuesday
July 12th, 2016
Europe poised for weaker open as rally loses steam European stocks are expected to open lower on Tuesday as market turn mixed in Asia and European markets lose momentum. The London FTSE index is expected to open 10 points ...
Swiss bank UBS is to face legal action for encouraging tax fraud that could cost it billion euros
July 11th, 2016
Swiss bank UBS, along with several of its former executives, is to face legal action for encouraging tax fraud that could cost it five billion euros, if judges accept a public prosecutor’s recommendation, reports said Friday. The company sent ...
German Deutsche Bank faced threat of bankruptcy
July 11th, 2016
Three years ago, there were reports about bankruptcy of Deutsche Bank, which is managing SOFAZ assets. This is caused by too much unsecured derivatives in the balance of the bank. Now, International Bank of Azerbaijan has started to speak ...
Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
Evaluating the EU’s New Definition for Virtual Currencies
July 11th, 2016
The European Commission this week adopted a legislative proposal meant to bring virtual currency exchanges and custodian wallet providers under the scope of the EU’s Anti-Money Laundering Directive. This step should have been expected, as it has been clear that ...
Arrests in Europe and Asia for a Credit Card fraud spread into 14 European countries
July 11th, 2016
A total of 105 suspects have been arrested as the result of a complex investigation run simultaneously in Europe and Asia with the support of Europol’s European Cybercrime Centre (EC3). During the operation led against an organised criminal group ...
Europe pauses for breath ahead of US jobs data
July 8th, 2016
European stocks are expected to open lower on Friday as markets pause ahead of U.S. nonfarm payrolls data on Friday that will give a clear indication on the state of the U.S. economy. The London FTSE index is called to open ...
Brexit: Would Europeans be allowed to stay in the UK?
July 7th, 2016
Shadow home secretary Andy Burnham says Theresa May’s response to concerns is ‘simply not good enough MPs vote today on whether the government should guarantee the permanent residency rights of EU nationals living in the UK following the referendum ...
