The outlook of employee salaries in Gulf region for 2017
February 13th, 2017
Many companies in the Gulf Cooperation Council (GCC) region are not planning to change their compensation budgets for 2017, with employee salaries expected to continue at a relatively flat rate compared to a year ago. Recent data released by ...
Dutch Bank and FinTech firm develop Robo-Accountant
February 13th, 2017
ABN Amro has teamed up with InvoiceSharing to launch a new solution for SMEs. The system is based around giving users 25/7 insight into their accounts and allowing them to assess their capital needs in advance. SMEs with an ...
PAYMENTS SERVICE PROVIDER
February 10th, 2017
VACANCY: PAYMENT SERVICE PROVIDER Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring ...
FMA warns firms under Anti-Money Laundering and Countering Financing of Terrorism Act
February 8th, 2017
The Financial Markets Authority (FMA) has issued a formal warning to 12 reporting entities under section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act (the Act). Under section 59(2) of the Act, the FMA required reporting ...
$50bn Russian oil lawsuit set for next stage; Yukos
February 7th, 2017
Russian businessmen trying to overturn a decision to deny them a record $50bn arbitration award following the collapse of oil company Yukos will file their grounds of appeal next month. The businessmen are all ex-shareholders at the company, which ...
Sweden’s competition watchdog opposes a proposed tax on financial services companies
February 6th, 2017
Sweden’s competition watchdog has come out against a proposed tax on financial services companies, saying it would hit their ability to compete internationally and skew the domestic market. The opinion, published on the watchdog’s website, was sent to the ...
Grexit is back? Greece faces critical few weeks
February 6th, 2017
In the week of Groundhog Day it seemed entirely appropriate: Greek farmers, many on tractors, have once again been blockading roads and border posts amid mounting signs that the country long at the centre of Europe’s debt woes is ...
Pound to Euro Exchange Rate: Week Ahead Forecast
February 6th, 2017
Pound Sterling has pulled reversed recent gains against th Euro after being rejected at highs at 1.18 and is seen valued at 1.1580 ahead of the new week. Although the fundamental backdrop looks marginally more supportive to the Euro ...
ESMA publishes 2017 Suprvision plan for CRAs, Trade Repositories and 3rd Country CCPs
February 6th, 2017
The European Securities and Markets Authority (ESMA) has today published its Annual Report and Supervision Work Programmes (Report) setting out its main areas of supervisory focus for credit rating agencies (CRAs), trade repositories (TRs), and third country central counterparties ...
Snap has officially made public its filings for an IPO
February 4th, 2017
Snap, owner of messaging platform Snapchat, has finally made public its filing for an initial public offering (IPO). The company made many of its financial details public for the first time tonight as it prepares for a $3bn (£2.4bn) ...
