Search Results for: Sage
New European Union Legislation on Market Abuse enters into force in 2016
January 5th, 2016
The law on market abuse in relation to the trading of financial instruments within the European Union will be completely overhauled in 2016. With effect from 3 July 2016, the previously applicable Market Abuse Directive (MAD) will be replaced ...
EY awards US$1m to winners of its global Better begins with you recognition program
January 5th, 2016
EY has awarded US$1m to the winners of its new global recognition program,Better begins with you, which recognizes EY people who have found inspiring and impactful ways to bring EY’s purpose – building a better working world – to ...
Social media ‘increasingly important’ to accountants
January 5th, 2016
Social media is becoming more important to accountants in generating new business and raising their profile, according to the Wolters Kluwer 2015 social media survey. Since the survey’s inception in 2011, more accountants have embraced social media as a part ...
Chase, Wal-Mart Seek to Disrupt Mobile Payments Business in 2016
January 4th, 2016
Banks and retailers move to capture tap-and-pay transactions Apple, Google will see new competition in evolving market American consumers will have more choices in 2016 for how they make purchases with their smartphones as big banks and retailers vie ...
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 ...
Nasdaq Linq Enables First-Ever Private Securities Issuance Documented With Blockchain Technology
December 31st, 2015
Nasdaq today announced that an issuer was able to use its Nasdaq Linq blockchain ledger technology to successfully complete and record a private securities transaction – the first of its kind using blockchain technology. Chain.com, an inaugural Nasdaq Linq client and ...
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 ...
Facebook class action lawsuits to go ahead
December 30th, 2015
Two US class action lawsuits against Facebook by shareholders alleging it hid growth concerns ahead of its 2012 public listing can now go ahead. A federal judge certified the legal proceedings, Reuters reports, saying investors who claim they lost ...
Zimbabwe to make Chinese yuan legal currency after Beijing cancels debts
December 23rd, 2015
Yuan becomes the latest currency to be approved for public transactions in Zimbabwe, as the southern African nation seeks to increase trade with Beijing. Zimbabwe has announced that it will make the Chinese yuan legal tender after Beijing confirmed ...
Apple raises concerns over UK’s draft surveillance bill
December 22nd, 2015
Apple has raised concerns about the UK’s draft Investigatory Powers Bill. The proposed law aims to overhaul rules governing the way the authorities can access people’s communications. The US-based firm has passed on its thoughts to a parliamentary committee ...
