Search Results for: EU
EU clamps down on bitcoin, anonymous payments to curb terrorism funding
November 19th, 2015
European Union countries plan a crackdown on virtual currencies and anonymous payments made online and via pre-paid cards in a bid to tackle terrorism financing after the Paris attacks, a draft document seen by Reuters said. EU interior and ...
UAE Investors Spend 4.3bn EUR on Overseas Property in H1 2015
November 19th, 2015
High net worth individuals (HNWIs) and private investors in the UAE spent €4.3bn snapping up properties across the world in the first half 2015, according to CBRE. “Despite low oil prices, Middle Eastern purchasers remain very active, collectively investing ...
Deutsche Börse: Successful market launch of CEINEX
November 18th, 2015
Launch ceremony with Chinese ambassador and the CEOs of SSE and Deutsche Börse China Europe International Exchange (CEINEX), the joint venture of Shanghai Stock Exchange (SSE), Deutsche Börse and China Financial Futures Exchange (CFFEX) was successfully launched today in ...
Ominous Parallels: The Roman Empire, The European Union, And Mass Migration
November 18th, 2015
This weekend’s Paris attacks, occurring in the middle of one of history’s largest mass-migrations, has the feel of uncharted territory. But it’s actually an eerie echo of something that happened nearly two thousand years ago in more-or-less the same ...
European Financial Regulators warn for unauthorised investment firms
November 17th, 2015
The Swedish Financial Supervisory Authority, Finansinspektionen (FI) and the Financial Conduct Authority of UK (FCA) have issued warnings to inform investors and public for unauthorised and clone investment firms. According to Finansinspektionen (FI): Warning issued regarding Aztec Group (clone ...
EU Council passes PSD2 for electronic payments
November 17th, 2015
A directive aimed at further developing an EU-wide market for electronic payments was adopted by the Council on 16 November 2015. The directive incorporates and repeals directive 2007/64/EC, which provided the legal basis for the creation of an ...
5 Ways The Paris Attacks Could Hit Europe’s Economy
November 16th, 2015
The consequences could be far-reaching–and not just negative. It is, of course, far too early to do anything more than speculate. But common sense says that there must be consequences for business and for the European economy from the ...
SFO issued the first criminal proceedings against Deutsche Bank and Barclays staff
November 16th, 2015
The Serious Fraud Office today issued the first criminal proceedings against 10 individuals accused of manipulating the Euro Interbank Offered Rate (EURIBOR). The following individuals will be charged with conspiracy to defraud in connection with the SFO’s ongoing investigation ...
EU recognises Swiss supervision of central counterparties as equivalent
November 16th, 2015
Swiss supervision of central counterparties has been recognised by the European Commission as equivalent to the relevant provisions applicable within the European Union. The decision announced today provides a basis for Swiss central counterparties to access cross-border markets in ...
EU finalises proposal for investment protection and Court System for TTIP
November 13th, 2015
The EU has formally presented to the US its proposal for a reformed approach on investment protection and a new and more transparent system for resolving disputes between investors and states: the Investment Court System. The European Commission has ...
