Search Results for: assets
FSB: crypto-assets do not pose a material risk to global financial stability at this time
July 18th, 2018
The Financial Stability Board, an international body that monitors and makes recommendations about the global financial system, published a report delivered to the G20 Finance Ministers and Central Bank Governors on the work of the FSB and standard-setting bodies ...
Statement on potentially unlawful online platforms for trading digital assets including coins and tokens in ICOs
March 8th, 2018
SEC has released a Statement on potentially unlawful online platforms for trading digital assets including coins and tokens offered and sold in so-called Initial Coin Offerings (“ICOs”). Below is the Statement as it was released: Online trading platforms have become ...
Household financial assets and liabilities in the EU
February 26th, 2018
Total financial assets of households in the European Union (EU) reached €33 850 billion in 2016. The assets mainly consisted of insurance, pensions and standardised guarantees (38.8% of all household financial assets), currency and deposits (30.4%), equity and investment ...
Assets of collapsed Forex broker appeared insufficient to repay creditors
April 19th, 2017
Following last week Breaking News in relation to Auckland-based foreign exchange broker Forex Brokers collapse, today we have learned that the said collapsed broker owes creditors more than $10 million and its assets appeared insufficient to repay creditors even half a cent ...
Gold rallies to 5-month high as U.S. airstrikes on Syria drive investors to haven assets
April 8th, 2017
Gold prices surged on Friday, as investors flocked to the perceived haven asset in the wake of U.S. military airstrikes against Syria in retaliation for a suspected chemical attack on civilians earlier in the week. Gold for June delivery ...
The European households holding the most assets and liabilities
April 3rd, 2017
The European households holding the most assets and liabilities Household financial assets mainly comprise currency and deposits, equity and investment funds shares, and assets held with life insurance companies and pension funds. Household financial liabilities mainly comprise mortgages and ...
Which Gulf country’s banking sector is the top in assets volumes
March 9th, 2017
The UAE’s banking sector came first on the list of the banking sectors in terms of asset volume in the GCC region, with a total value of about US$711 billion, over (AED2. 61 trillion) in 2016, according to statistics ...
FCA opens discussion on regulatory approach to open-ended funds investing in illiquid assets
February 8th, 2017
The Financial Conduct Authority (FCA) has today published a Discussion Paper (‘Paper’), which seeks stakeholder views on the practice of investing in illiquid assets through open-ended funds and the challenges that can pose to managers and investors. Illiquid assets ...
When Assets (Such as Real Estate) Become Liabilities
December 29th, 2016
It will be the middle class that accepted the notion that “real estate is the foundation of family wealth” that will be stripmined by higher taxes on immobile assets such as real estate. Correspondent Joel M. submitted an article ...
Gold and Bitcoin jumps after Trump win; investors seek safe assets
November 10th, 2016
Digital currency joins gold surge as bitcoin price climbs nearly 4% after Trump win Trump’s shock election wins sent shock-waves across the world’s financial markets. As uncertainty reigned supreme, investors turned away from equities and towards bitcoin. Joining the ...
