Search Results for: fraud
Malta To Push EU VAT Reform As EU President
November 9th, 2016
Malta will take forward the EU’s proposals on VAT reform when it assumes the Presidency of the Council of the EU in January 2017, the territory’s Minister of Finance, Edward Scicluna, told a recent conference. Under the EU’s VAT ...
Offshore law firm opens Hong Kong office
November 9th, 2016
Carey Olsen, one of the largest offshore law firms With 49 partners and 200 lawyers has issued an announcement to inform for its Hong Kong office opening. According the announcement: The Hong Kong practice has a dispute resolution and ...
The Banking arm of Tesco halts transactions after customers’ money stolen
November 7th, 2016
Tesco Bank became victim to an online hack with customers complaining they had money stolen from their accounts, its chief executive said. Benny Higgins said some current accounts had money withdrawn from them fraudulently after “online criminal activity” over ...
European stock markets rallied
November 7th, 2016
European stock markets rallied with the UK’s FTSE 100 jumping nearly 103 points or 1.5% to 6,793 as investors expressed relief at the FBI’s announcement that it would take no action against Hillary Clinton over emails linked to the Democrat ...
KPMG is getting questioned to Wells Fargo sales-practices scandal
November 3rd, 2016
Wells Fargo & Co. isn’t the only one having to answer to Washington over its sales-practices scandal. Its longtime auditor, KPMG LLP, is getting questioned, too. In a letter to KPMG last week, Sen. Elizabeth Warren (D., Mass.) and ...
FCA prohibits six individuals for their part in unauthorised collective investment scheme
November 1st, 2016
In a case brought by the Financial Conduct Authority (FCA) Scott Crawley, Daniel Forsyth, Adam Hawkins, Ross Peters, Aaron Petrou and Dale Walker have today been prohibited from performing any function in relation to any regulated activity for their ...
Tesco hit with £100m lawsuit over accounting scandal
November 1st, 2016
More than 125 large investment funds have filed a £100 million-plus legal claim against Tesco over the 2014 accounting scandal which saw its profits inflated by £326m. Bentham Europe, the London-based litigation firm fronting the claim, said that institutional ...
IronFX to integrate iSignthis Paydentity
October 31st, 2016
Highlights: • iSignthis to remotely verify IronFX customers • IronFX to meet the EU’s 4th AML Directive and PSD2 via iSignthis iSignthis Ltd (ASX : ISX) is pleased to announce that it has entered into an agreement with the global leaders ...
Asian Energy Stocks Fall as OPEC Split Hits Oil; Dollar Gains
October 31st, 2016
Crude drops after OPEC talks end without individual quotas Gold rises after FBI reopens probe of Clinton’s emails Asian energy stocks fell with oil after the world’s biggest crude producers failed to agree on supply cuts, while rising metals prices ...
The Financial Conduct Authority (FCA) bans two individuals from the financial services industry
October 26th, 2016
The Financial Conduct Authority (FCA) has issued on October 25 an announcement to inform that the Authority has banned two individuals from performing any function in relation to any regulated activity in the financial services industry. On 22 November ...
