Search Results for: Sage
HMRC launch criminal investigation into global financial institution
April 7th, 2017
HMRC, alongside our international partners, launched an investigation for suspected tax evasion and money laundering by a global financial institution. HM Revenue and Customs is getting increasingly tougher on offshore tax evasion, collecting more than £2.7 billion since 2010. Yesterday, ...
Draghi sends the Euro Lower on Thursday, Seen Paring Losses Mid-Day
April 6th, 2017
Euro to Dollar exchange rate: 0.8516, down a quarter of a percent Euro to Pound exchange rate: 1.0638, down a quarter of a percent The Euro was seen edging lower in European trade on Thursday, April 6 after the ...
Bitcoin Could Soon Be Accepted at 260,000 Stores in Japan
April 5th, 2017
Japan’s legal classification of bitcoin as a payment method is set to trigger a bitcoin boom in adoption as retailers make haste to accept the world’s most popular cryptocurrency. Late last year, Japanese officials took the formal decision to ...
The AMF publishes a draft recommendation on the performance simulations offered to investors
April 4th, 2017
The Autorité des Marchés Financiers (AMF) is publishing a summary of the feedback submitted in response to the public consultation launched in November 2016 on the future performance simulations offered to retail investors. It is also publishing a draft ...
Compte-Nickel and BNP Paribas join forces to strengthen commercial partnership with the Confédération des Buralistes de France
April 4th, 2017
BNP Paribas and Financière des Paiements Électroniques (FPE), which provides the Compte-Nickel payments account, have signed a Memorandum of Understanding for the purchase of a 95% stake in FPE by the Bank. The exclusive partnership between Compte-Nickel and the Confédération ...
Financial fraud losses in UK totalled £768.8 million in 2016
April 1st, 2017
Financial fraud losses across payment cards, remote banking and cheques totalled £768.8 million in 2016, an increase of 2 per cent on the previous year, figures from Financial Fraud Action UK show. The new data shows banks and card ...
Why mobile shopping clicks in UAE
March 30th, 2017
Samina Subhani had been trying for months to locate a very special item for her two children. Both her son and daughter are avid Star Wars fans and had their heart set on owning a pair of replica lightsabers ...
LCH SA offering repo clearing on German debt
March 28th, 2017
Extended service offers greater choice and more netting opportunities for RepoClear’s members Members of LCH SA can offset trades on German debt with eligible European repo transactions cleared at LCH SA, through T2S Settlement available via Clearstream Frankfurt, Euroclear ...
The Pound to Euro exchange rate could well fall to 1.0 warn analysts
March 27th, 2017
Pound to Par the Euro on Tumultuous Brexit Journey The Pound to Euro exchange rate (GBP/EUR) could well fall to 1.0 warn analysts at a leading European investment bank. Economists at Deutsche Bank have updated clients with their Brexit ...
Alert: High Bitcoin prices inspire a wave of scams
March 24th, 2017
Earlier this month, the price of a single Bitcoin eclipsed the price of an ounce of gold for the first time ever. This news, coupled with the exploding adoption of its underlying technology – blockchain – beyond the financial world, ...
