Search Results for: law
China battles to shore up stocks, yuan after globe-shaking slide
January 5th, 2016
China moved to shore up shaky sentiment on Tuesday a day after its stock indexes and yuan currency tumbled, rattling markets worldwide, but analysts warned investors to buckle up for more wild price swings. Stocks fell more than 2 ...
Cyprus: Haircut battle due to kick off within weeks
January 4th, 2016
A GRAND Chamber comprising 15 judges of the European Court of Justice (ECJ) will hear a number of appeals brought by Cypriot bank depositors, who lost their money in the March 2013 ‘haircut’ against the European Commission and the ...
More banks pay no UK tax, Labour wants tougher approach
January 4th, 2016
Two more investment banks have reported paying zero tax in Britain in 2014, prompting the opposition Labour party to urge the government to reverse a tax change it made for banks last year. Citigroup and Credit Suisse disclosed in ...
Ukraine officially defaults on $3bn debt to Russia; Moscow to sue Kiev in London court
January 4th, 2016
Russia’s Finance Ministry is filing a lawsuit against Ukraine for failing to pay off its $3 billion debt to Russia before the December 31 deadline. This means that Ukraine is now officially in a state of default, the ministry ...
Slovene Securities Market Agency is warning investors
December 30th, 2015
Slovene Securities Market Agency has issued a warning to inform investors and public about activities of the companies: GCM Marketing Ltd., 112 Bonadie Street, Kingstown, St. Vincent, Lyxor Ltd., 112 Bonadie Street, Kingstown, St. Vincent Global Marketing Solutions d.o.o., ...
China and Clinton Agree: Traders Should Pay for Canceled Orders
December 30th, 2015
CSRC rule proposals seen taking effect in as early as 2016 Proposal to levy fees on high cancel rates echoes Clinton plan Chinese securities regulators are preparing some of the world’s strictest regulations on a trading practice at the ...
January 1, 2016: The New Bank Bail-In System Goes Into Effect In Europe
December 30th, 2015
If you have a bank account anywhere in Europe, you need to read this article. On January 1st, 2016, a new bail-in system will go into effect for all European banks. This new system is based on the Cyprus ...
The 25 financial events that shaped the year 2015
December 30th, 2015
As we are close to move from year 2015 to year 2016, OneStopBrokers has collected and presents the major Financial events happened in 2015. 2015 was a year that the Eurozone was almost collapsed. We all witnessed a possible ...
Scammers Impersonate the DFSA’s Chief Executive and Barclays Bank PLC UAE, in an Advance Fee Scam
December 29th, 2015
The DFSA alerts the financial services community and the public to an Advance Fee Scam in which: the DFSA’s Chief Executive; and the name of Barclays Bank PLC UAE (Barclays), and one of its employees, are fraudulently impersonated. The way ...
Russia tightens screws on currency exchanges
December 29th, 2015
The Central Bank of Russia has implemented stricter rules on cash exchanges in the country. The policy is expected to tackle money laundering and the bankrolling of terrorism. Starting from Sunday, the authorities require clients to provide a full ...
