Search Results for: CIF
The gap between accountants and clients
July 7th, 2014
I was intrigued to read some new and original research published by Robert Craven of The Directors’ Centre, reports Mark Lee. Craven is no stranger to AccountingWEB. My interview with him in 2012 about his book, ‘Grow Your Service ...
Regulator says EU Banks Must Shun Bitcoin Until Rules in Place
July 4th, 2014
European Union banks should shun virtual currencies such as Bitcoin until a system of rules to prevent abuses are put in place, according to the bloc’s top banking regulator. The European Banking Authority called on the EU to develop ...
CySec imposes administrative fine of €5.000
July 3rd, 2014
The Cyprus Securities and Exchange Commission informs the investors that, at its meeting held on 02.06.2014 , decided to impose the administrative fine of €5.000 in total against “Deloitte Investment Services Ltd” for breaching the Prevention and Suppression of ...
EU Court voids sanctions on former Syrian minister
July 3rd, 2014
A European Union court has voided sanctions imposed by the 28-nation bloc on Syria’s former economy minister. The EU’s General Court said Thursday a travel ban and asset freeze imposed on Mohamad Nedal Alchaar cannot be upheld only on ...
US Foreign Account Tax Compliance Act Takes Force
July 3rd, 2014
In what the United States Administration has called an “effort to crack down on tax evasion and reduce the tax gap,” the Foreign Account Tax Compliance Act came into effect on July 1. Enacted in March 2010, FATCA adds ...
Green Action plan for SMEs
July 2nd, 2014
It is time for SMEs to turn sustainability challenges into opportunities. Accountants can make both the short and the long-term case for sustainability, says global accountancy body. Despite the importance of small and medium-sized enterprises (SMEs) to the world ...
UK probe for Facebook for breaking data protection laws
July 2nd, 2014
A UK regulator is investigating whether Facebook broke data protection laws when it conducted a psychological study on users without their consent. The test saw Facebook “manipulate” the news feeds of nearly 700,000 users to control which emotional expressions ...
After BNP, U.S. targets on more banks
July 1st, 2014
BNP Paribas’ guilty plea and agreement to pay nearly $9 billion for violating U.S. sanctions is part of a larger U.S. Justice Department shift in strategy that is expected to snare more major banks and other firms across the ...
New tax reliefs complicate the system and offer more opportunities for tax avoidance’ MPs warn
June 27th, 2014
A committee of MPs has accused the Government of creating more opportunities for tax avoidance by introducing new tax reliefs which cost the country £100billion a year. The Government’s Office of Tax Simplification has introduced 134 new tax reliefs ...
Google Removes Search Results in Wake of EU Privacy Case
June 26th, 2014
Google Inc. (GOOGL) has started removing some search results in the European Union after an EU court told it last month to respond to requests by people seeking the “right to be forgotten.” The world’s largest search provider has ...
