Search Results for: CIF
National Bank of Ukraine tightens the requirements applying to banks’ foreign exchange purchase operations
February 26th, 2015
With a view to maintaining foreign market stability and curbing unreasonably heightened demand for foreign exchange from banks’ clients that triggers turbulence in the foreign exchange market, on February 24, 2015, the National Bank of Ukraine passed Resolution No 130 On ...
BNY Mellon in forex settlement talks with U.S., N.Y. – sources
February 25th, 2015
Bank of New York Mellon Corp (BK.N) is in settlement talks with the U.S. Justice Department and New York attorney general over claims the bank defrauded clients in foreign exchange transactions, according to sources familiar with the matter. BNY ...
CySec and Central Bank of the Russian Federation signed today an updated “MoU”
February 25th, 2015
CySec has issued a press release informing that: The Cyprus Securities and Exchange Commission (‘CySEC’) signed today an updated Memorandum of Understanding (‘MoU’) with the Central Bank of the Russian Federation (‘Bank of Russia’), following the transfer of the functions of ...
Accountants could face tax evasion charges
February 25th, 2015
The chief secretary to the Treasury, Danny Alexander, has called for organisations including accountants, to be prosecuted if they facilitate tax evasion by their clients. The Lib-Dem minister wants to push through new legislation before the general election on 7 ...
Asian shares rise after Yellen stresses policy flexibility
February 25th, 2015
Asian stocks rose on Wednesday, taking their cues from Wall Street’s gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates. Shares extended gains after an index of Chinese factory activity eked ...
Eurogroup statement on Greece
February 24th, 2015
EU Council press release: The Eurogroup today discussed the first list of reform measures presented by the Greek authorities, based on the current arrangement, which will be further specified and then agreed with the institutions at the latest by ...
Dukascopy: Euro-related over-the-weekend leverage
February 24th, 2015
Some of Dukascopy liquidity providers warn their clients about an excessive risk of market gaps on Euro-related currency pairs related to Greece and its possible exit from Euro Zone which could arise at any time. In particular, there is ...
Greek finance minister’s letter to the Eurogroup
February 24th, 2015
Following is the text of Greek Finance Minister Yanis Varoufakis‘s letter to Eurogroup President Jeroen Dijsselbloem outlining Greece’s proposed reforms. “Dear President of the Eurogroup, In the Eurogroup of 20 February 2015 the Greek government was invited to present ...
FIX Trading Community Releases Best Practices Document for IPO Process
February 24th, 2015
FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the release of a Best Practices document for the automation of the Initial Public Offering (IPO) process. In 2014, a number of ...
Cryptocurrency company’s operator arrested
February 24th, 2015
Ryan Kennedy committed fraud in the Dogecoin community last year. Kennedy, or “Alex Green” as he is known to the larger community, operated the cryptocurrency company Moolah before resigning amidst allegations of theft. In October of last year, Kennedy allegedly stole upwards ...
