Search Results for: ASIC
Even gold is not as secure as un-hackable Bitcoin currency – Bitcoin Foundation CEO
May 17th, 2016
The Bitcoin system is said to be reaching its capacity limits – spelling a possible disaster for thousands of those who decided to invest in the world’s top cryptocurrency. One of the leading programists from the company quits it, ...
Asia trades lower, as oil prices drop; Westpac shares down 3.7%
May 12th, 2016
Asian stocks fell modestly Thursday, taking cues from declines in U.S. stocks after a string of top-flight retail companies released disappointing earnings. The U.S. markets falls came despite gains in oil prices on better-than-expected inventories data. Shares of Disney had ...
Retail OTC derivative issuer Ikon rectifies client trust accounts and improves disclosure
May 11th, 2016
Following concerns raised by ASIC, retail over-the-counter (OTC) derivative issuer Ikon (Australia) Pty Ltd (AFSL No. 416279) (Ikon) has agreed to separate client money held in compliance with its obligations under the Corporations Act, from money held for overseas ...
Statistics: Growth potential for in-house lawyers
May 9th, 2016
Law Society figures show growth potential for in-house careers According to the Society’s number crunchers, as of 31 July 2015, there are now over 5,000 commercial businesses out there taking on practising solicitors, an increase of 4.4% in only twelve ...
US tax havens – the new Switzerland
May 9th, 2016
America is a magnet for offshore wealth, notably South Dakota, which has guaranteed secrecy In an old discount store hugging a corner in downtown Sioux Falls, South Dakota, the heirs to the William Wrigley chewing gum fortune have an office for ...
T-TIP: Salvation or trash-tip?
May 9th, 2016
President Obama weighed into the Brexit debate on his recent visit to the UK, saying that if Britain left the EU, she would be at the back of the queue when it comes to a free trade agreement. If ...
Greece adopted a controversial package of pension cuts and tax hikes
May 9th, 2016
Greek lawmakers late Sunday adopted a controversial package of pension cuts and tax hikes despite mass public opposition, bowing to creditor demands in a bid to unlock the next tranche of badly-needed bailout funds. The unpopular reforms, which saw ...
GAIN Capital Reports First Quarter 2016 Results
May 5th, 2016
GAIN Capital Holdings, Inc. (“GAIN”) (NYSE: GCAP), has issued a press release to announce financial results for the first quarter of 2016. Net revenue for the quarter was$115.6 million, up from $93.0 million in the first quarter of 2015, and adjusted EBITDA ...
New rules from the EU Commission would require nations to pay €250,000 for each asylum seeker they refuse
May 5th, 2016
EU Proposes Fines for Member Countries That Refuse to Take in Migrants New proposed asylum rules aim to ease burden of countries on front line of Europe’s migrant crisis The European Union’s executive body on Wednesday proposed controversial new ...
‘Panama Papers’ Database Will Soon Go Public, Allowing Online Search Of More Than 200,000 Offshore Entities
April 27th, 2016
The International Consortium of Investigative Journalists (ICIJ) said Tuesday that the Panama Papers, a massive trove of documents about offshore companies and the people who established them, will be available online as a searchable database beginning May 9. The anonymously ...
