Search Results for: VAT
Society warns against emergency data legislation
July 11th, 2014
Emergency surveillance legislation being rushed through parliament next week could end up being used for purposes beyond which it is intended, the Law Society has warned. The warning comes as MPs prepare to pass the Data Retention and Investigatory ...
Announcement regarding the Law on Alternative Investment Funds
July 11th, 2014
The Central Bank of Cyprus has made the following announcement regarding the Law on Alternative Investment Funds: In view of the enactment of the Law on Alternative Investment Funds on 10 July 2014, the Central Bank of Cyprus will no ...
ESMA defines central clearing of interest rate and credit default swaps
July 11th, 2014
The European Securities and Markets Authority (ESMA) has launched a first round of consultations to prepare for central clearing of OTC derivatives within the European Union. The two consultation papers seek stakeholders’ views on draft regulatory technical standards (RTS) ...
Eurex Enters FX Trading Business, Could Force CME To Reduce Prices
July 11th, 2014
In its recent monthly volumes breakdown, CME Group reported a decline in trading volumes in the last several months over the year-ago period across almost all derivative classes, other than interest rate derivatives, after a solid start to 2014. ...
Netagio Launches Exchange for Gold, Sterling and Bitcoin Traders
July 11th, 2014
Bitcoin storage firm Netagio has today launched an exchange that allows users to trade bitcoin, pounds sterling and gold. The exchange offers users three order-books, allowing trades between bitcoin and gold, bitcoin and sterling, and gold and sterling. “ ...
Amazon Sued Over Billing for App Store Purchases
July 11th, 2014
Settling isn’t the Amazon way, whether the dispute is with book publishers or the federal government. The Federal Trade Commission on Thursday filed a suit in a Federal District Court in Seattle, contending that Amazon improperly billed customers for ...
Despite Exposure of Madoff Fraud, New Ponzi Schemes Emerge
July 11th, 2014
When the money was rolling in from investors, Scott W. Rothstein, a lawyer in Fort Lauderdale, Fla., bought his wife, Kimberly, more than $1 million in jewelry, including an opulent 12-carat yellow diamond ring. He lived in a multimillion-dollar ...
Argentina’s Sovereign Bondage
July 10th, 2014
Sovereign debt has been back in the news recently, this time because of a United States Supreme Court ruling concerning Argentine debt. As a result of the ruling, a complicated issue is likely to become even more so. Sovereign ...
Technical Analysis USD/CHF disrespects monthly PP and 200-day SMA
July 10th, 2014
Technical Analysis USD/CHF 10/07/2014 Pair’s Outlook The monthly pivot point and 200-day SMA have once again proven to be of no particular interest to the market, as both of them were violated yesterday. Now it is 100-day SMA’s job ...
IBM to bet $3 billion over five years hoping for breakthrough in chips
July 10th, 2014
IBM announced on Wednesday it will invest $3 billion over the next five years in chip research and development in hopes of finding a game-changing breakthrough that can help revive its slumping hardware unit. IBM announced the plan a ...
