Search Results for: Allen
EBA announces final timeline for the 2018 EU-wide stress test
October 31st, 2017
The Board of Supervisors of the European Banking Authority (EBA) agreed in its meeting held on 24-25 October 2017 on the final timeline of the 2018 EU-wide stress test. The exercise is expected to be launched at the beginning ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
OECD Supports States To Mirror EU’s Digital VAT Reforms
October 27th, 2017
On October 24, the OECD released new implementation guidelines to support the collection of consumption taxes on cross-border sales. The guidance – Mechanisms for the Effective Collection of VAT/GST Where the Supplier Is Not Located in the Jurisdiction of ...
Asian shares hover near recent highs; European STOXX 600 shares rose, the S&P 500 lost 0.40 percent
October 24th, 2017
Asian shares held within striking distance of recent decade highs on Tuesday and major currencies kept to narrow ranges, while the New Zealand dollar fell after the country’s incoming Labour government laid out its left-leaning priorities. The policies were ...
Law firms struggle with the digital age
October 20th, 2017
Law firms are finding it difficult to differentiate their offerings as they cannot innovate like other businesses. Law firms are still coming to terms with the new digital landscape and many are still struggling with the concept of having ...
Europe and Central Asia Region Sees Stronger Growth – World Bank
October 20th, 2017
Economic growth for the Europe and Central Asia region will reach 2.2% in 2017, according to the World Bank’s latest Regional Economic Update, Migration and Mobility in Europe and Central Asia. This represents the strongest growth in the region ...
U.S. financial regulator releases Primer on Virtual Currencies
October 18th, 2017
The Commodity Futures Trading Commission’s LabCFTC released, “A CFTC Primer on Virtual Currencies.” This primer is the first of a series that LabCFTC will release to provide fundamental, and essential, information about financial technology (FinTech) innovation. “LabCFTC believes that ...
Alleged Commodity Pool Fraud Took in More than $3.1 Million from at Least 72 Pool Participants
October 12th, 2017
The Commodity Futures Trading Commission (CFTC) announced the filing of a Complaint on October 2, 2017, in the U.S. District Court for the Central District of California. The CFTC Complaint, filed under seal, charges Defendants Scott Allensworth (d/b/a Capital ...
Feds Miss out on $600 Million Payday in Silk Road Bitcoin Auction
October 9th, 2017
The U.S. Department of Justice recently claimed the proceeds from the sale of 144,336 bitcoins found in Ross Ulbricht’s laptop, gained from Silk Road’s seizure in 2013. Claiming the proceeds took a couple of years, and netted the government little over ...
Singapore and Thailand in early stage talks to connect e-payment systems
October 5th, 2017
Singapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash. The link would bring together Southeast Asia’s first national ...
