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Switzerland, Italy Reach Agreement On Tax Treaty

January 20th, 2015 (0)
Italy and Switzerland have agreed an amendment to their double tax agreement to enhance tax information exchange provisions. It is hoped that the agreement will be signed before the March 2 deadline set by Italy’s new voluntary disclosure program ...

B.C. Securities Commission alleges Alberta man defrauded two investors

January 20th, 2015 (0)
The Executive Director of the British Columbia Securities Commission has issued a notice of hearing alleging that an Alberta man and a numbered company that he controls defrauded two investors. The notice alleges that Robert James Maddigan, an engineer ...

Former directors of First China financial services group ordered to compensate the company

January 20th, 2015 (0)
SFC obtains court orders against current and former directors of First China to compensate the company RMB18.69 million The Court of First Instance has ordered three current and former directors of First China Financial Network Holdings Ltd (First China), ...

Richest Russians Repatriate Assets After Putin Turns Tax Screw

January 20th, 2015 (0)
President Vladimir Putin is pushing harder on Russia’s richest citizens to repatriate offshore assets amid a slump in the ruble and the imposition of sanctions by the U.S. and the European Union. Under new tax rules signed into law ...

Bundesbank successfully continues relocate gold

January 19th, 2015 (0)
The Bundesbank successfully continued and further stepped up its transfers of gold last year. In 2014, 120 tonnes of gold were transferred to Frankfurt am Main from storage locations abroad: 35 tonnes from Paris and 85 tonnes from New ...

Banks Battle Speculation Denmark’s Euro Peg at Risk: Currencies

January 19th, 2015 (0)
Banks in Scandinavia are joining the Danish government in trying to persuade offshore investors that the Nordic country isn’t about to copy Switzerland and drop its euro peg. SEB AB, the Nordic region’s largest currency trader, said it’s been fielding calls ...

Investors fear global economy slowdown

January 16th, 2015 (0)
US stocks were traded lower on Thursday for the fifth consecutive time. Investors are concerned over global economy slowdown, which indicates a plunge in world crude oil prices, and fear that the results of American earnings reports wouldn’t meet ...

London Capital Group Statement on Swiss Franc movement

January 16th, 2015 (0)
Following yesterday’s announcement by the Swiss National Bank, which resulted in extreme movement in the value of the Swiss Franc, and a sudden reduced liquidity in the Swiss Franc foreign exchange market, London Capital Group provides an update on ...

EXCEL Markets Critical Notice

January 16th, 2015 (0)
The dramatic move on the Swiss franc fueled by the Swiss National Bank’s unexpected policy reversal of capping the Swiss franc against the euro has resulted in rare volatility and illiquidity. Both our primary and backup liquidity providers became ...

Swiss Stocks Tumble, European Equities Rise After SNB

January 15th, 2015 (0)
Stocks in Switzerland tumbled, led by the nation’s exporters, while the Euro Stoxx 50 Index rose, after the Swiss National Bank (SNBN) unexpectedly ended its minimum exchange rate. The Swiss Market Index plummeted 8.7 percent at 2:14 p.m. in ...
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