Search Results for: EBA
FCA Research into the issue of de-risking
May 25th, 2016
The Financial Conduct Authority has issued a press release to make publish a research regarding the issue of de-risking. Below is the announcement as published from FCA: The FCA, along with fellow agencies and authorities, has a long-standing programme ...
Deloitte trashed the hype around the $US180 billion fintech industry
May 24th, 2016
Deloitte just trashed the hype around the online lending industry. The accountancy and consultancy practice has done a deep dive on the online lending industry and its conclusions should make for devastating reading for anyone connected to the sector. ...
One of the World’s most expensive Countries is discussing paying people $2,500 a month for doing nothing
May 23rd, 2016
The Swiss are discussing paying people $2,500 a month for doing nothing. The country will vote June 5 on whether the government should introduce an unconditional basic income to replace various welfare benefits. Although the initiators of the plan haven’t stipulated how ...
Russia’s ‘Bitcoin Ban’ Faces Uncertain Future After Draft Bill Withdrawn
May 20th, 2016
A bill prepared by Russia’s Ministry of Finance targeting the creation and circulation of so-called money surrogates, a classification that would include digital currencies like bitcoin, has been at least temporarily withdrawn from consideration following comments from the country’s ...
Greek Pipeline Breakthrough To Challenge Russian Gas Dominance
May 19th, 2016
After years of debate, political jockeying and acrimony, a major pipeline project to bring natural gas to Southern Europe has broken ground. The Trans-Adriatic Pipeline (TAP) will connect the Caspian Sea to European markets, providing Europe with another large ...
Bitcoin Got 99 Problems, But What Are The Solutions?
May 19th, 2016
As the volume of transactions on the Bitcoin blockchain keeps increasing, transaction delays have become more apparent. The problem relates to how transactions are processed on the blockchain. Are there any solutions offered by the Bitcoin community yet? Bitcoin ...
Five States Agree To Adopt New Tax Transparency Standard
May 19th, 2016
Bahrain, Lebanon, Nauru, Panama, and Vanuatu – five territories that were earlier criticized for not following tax transparency standards – have newly committed to sharing financial account information automatically with other countries. With these new commitments, 101 jurisdictions around ...
The Endgame
May 18th, 2016
And how we got here There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally ...
Nokia phones are back
May 18th, 2016
Nokia is coming back to phones and tablets The brand will be revived through new licensing agreement With Microsoft’s epic mishandling of Nokia’s mobile business coming to an end today, a new chapter for the storied Finnish brand is about ...
Oil Advances to Six-Month High as U.S. Stockpiles Seen Falling
May 17th, 2016
Crude inventories forecast to decline by 3.5 million barrels Unplanned outages in Nigeria and Canada have cut global output Oil advanced to a seven-month high before U.S. government data forecast to show crude stockpiles dropped for a second week, ...
