Search Results for: US authorities
Israeli police collaborate with French regulator; 15 FX company directors under criminal investigation
April 20th, 2016
4XP, BForex, Sisma Capital, Tradaxa and Aston Invest involved in a massive scam operation that took an average of €210,000 from each victim The world of Forex and Binary Options scams in Israel is being dragged out by a ...
ESMA announces EU-wide stress tests for CCPs
April 18th, 2016
The European Securities and Markets Authority (ESMA) has announced today the publication of its first EU-wide stress test exercise regarding Central Counterparties (CCPs) on 29 April 2016. ESMA is mandated to conduct stress tests of CCPs under the European ...
Swiss banker whistleblower: CIA behind Panama Papers
April 13th, 2016
Bradley Birkenfeld is the most significant financial whistleblower of all time, so you might think he’d be cheering on the disclosures in the new Panama Papers leaks. But today, Birkenfeld is raising questions about the source of the information ...
Malaysian state fund sacked Ernst & Young and KPMG when auditors asked for documents
April 11th, 2016
The scandal surrounding Malaysian state fund 1Malaysia Development Berhad has thrown up some very interesting facts about how the state fund was managed. According to a probe by a parliamentary committee, the fund had sacked two audit firms over ...
Israeli internet companies offering binary options and forex are coming under scrutiny
April 11th, 2016
Scam trading is ‘dark side’ of Israel tech leap Israeli internet companies offering customers around the world the opportunity to trade in “binary options” and speculate on currency fluctuations – the “forex” markets – are coming under scrutiny. Many ...
EU Nations Split Over Tax Rules on Controlled Foreign Companies
April 11th, 2016
Tax debate weighs on push to pass anti-fraud package by June Panama leaks give extra incentive to EU corporate-tax campaign European Union proposals to crack down on corporate-tax avoidance are getting stuck in a fight over how to curb ...
Asia markets broadly lower as risk-off sentiment settles in
April 8th, 2016
Asia markets were broadly lower on Friday, after U.S. equities sold off overnight amid renewed concerns over global growth and the effectiveness of central bank policy. Australia’s ASX 200 retraced some of the early losses to trade down 0.4 percent, as ...
A head start on the transition to VAT in the GCC
April 6th, 2016
PwC has held a VAT workshop in Qatar, as part of a region wide initiative to update locally based businesses on the latest developments and the implications of VAT introduction in the Gulf Cooperation Council (GCC) States. The potential ...
MiFID II – ESMA: No Need To Temporarily Exclude ETDs From Open Access To Trading Venues And CCPs
April 6th, 2016
The European Securities and Markets Authority (ESMA) sees no need to temporarily exclude exchange-traded derivatives (ETDs) from non-discriminatory access to central counterparties (CCPs) and trading venues, which will be introduced by the Markets in Financial Instruments Directive (MiFID II) ...
Can A Divided OPEC Agree On Anything In Doha?
April 6th, 2016
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari capital of Doha on the coast of the Persian Gulf. The meeting could ...
