Search Results for: VAT
Addition by ESMA on its list of authorised CCPs under EMIR
December 15th, 2014
ESMA has today added the Holland Clearing House B.V. to its list of authorised CCPs under the European Markets Infrastructure Regualtion (EMIR). EMIR requires EU-based CCPs to be registered and non-EU CCPs to be recognised in the European Union ...
Investec issues apology after analyst’s gaffe
December 11th, 2014
South African bank Investec gave US regulator Benjamin Lawsky a grovelling apology last night, after one of its analysts compared Lawsky’s actions against Standard Chartered to the treatment of Eric Garner – an unarmed black man who died at the ...
BlackRock Leads $300 Million Financing Round for South Korean Online Retailer
December 10th, 2014
BlackRock Inc. is adding its name to a roster of high-profile investors betting on Asia’s fast-growing technology startups by leading a $300 million financing round for South Korean online retailer Coupang that will value the company at more than ...
EU Financial Transactions Tax In 2016 ‘Unlikely’
December 10th, 2014
A group of 11 European Union (EU) countries has failed to reach an agreement on a proposed financial transactions tax before a self-imposed deadline. It is believed that the so-called EU11 remains divided over the shape of a future ...
Proposal To Form China’s First Bitcoin Advocacy Group To Test Government Attitude
December 10th, 2014
Established in 2012, the Bitcoin Foundation has quite a few titles – It is a “top trade organization”, an “unofficial organisation to represent the interests of Bitcoin”, a Bitcoin “lobbying group” and “one of the world’s leading advocacy groups ...
Congress reaches deal for $1.1 trillion U.S. spending bill
December 10th, 2014
Congressional negotiators unveiled a $1.1 trillion U.S. spending bill that aims to avoid a government shutdown at midnight on Thursday and punts an immigration showdown between Republicans and President Barack Obama until February. As the funding deadline loomed, Republicans successfully negotiated ...
Melbourne lawyer jailed for 12 years for $12m Ponzi fraud
December 10th, 2014
‘Many of your victims trusted you because you were a family member or friend, you exploited their trust for your own personal gain,’ judge tells Philip Linacre A Melbourne lawyer who stole from grieving widows, a famous musician and ...
Yen Advances on Haven Demand Amid Global Plunge in Equities
December 9th, 2014
The yen gained the most in two months against the dollar as a plunge in global stocks revived demand for Japan’s currency as a haven. The yen rose versus all but one of its 16 major peers as the ...
Legal leaders join hands against client snooping
December 9th, 2014
Legal chiefs and academics today demanded new laws to stop police and security services from spying on meetings between lawyers and their clients. In a declaration to mark European Lawyers Day, the Law Society, the Bar Council and the ...
What type of liquidity does Cyprus need?
December 9th, 2014
There has been a lot of discussion recently, especially after the successful outcome from the stress tests of our main banks, that it’s time for the banks to start offering liquidity to the market to fund growth in our ...
