Search Results for: Allen
Cryptocurrency Ethereum has seen its value skyrocket
May 23rd, 2016
Ethereum, the world’s second-most valuable cryptocurrency, has seen its value skyrocket as investors and developers have sought different ways to use the technology introduced by bitcoin. But is it ready for the big time? That’s what some are asking ...
Unintended Consequences, Part 1: Easy Money = Overcapacity = Deflation
May 20th, 2016
Somewhere back in the depths of time the world got the idea that easy money — that is, low interest rates and high levels of government spending — would produce sustainable growth with modest but positive inflation. And for ...
EU Lays Down the Law on Tax Deals as Apple Probe Continues
May 20th, 2016
EU regulator clarifies rules for profit-shifting arrangements Transactions between units should be at market prices The European Union, locked in a tax battle with the likes of Apple Inc. and McDonald’s Corp., laid down the law in its bid ...
Compliance professionals struggling with explosion of communications channels – Smarsh
May 20th, 2016
Smarsh, the leading provider of hosted archiving solutions for compliance and e-discovery, today released its sixth annual Electronic Communications Compliance Survey Report. The results of the survey of compliance professionals in the financial services industry highlight that supervision practices ...
EU Council confirms securities market rules MiFID II delay
May 20th, 2016
On 18 May 2016, the Permanent Representatives Committee (Coreper) approved, on behalf of the Council, an agreement with the European Parliament on a one-year delay to new securities market rules. The one-year postponement of the transposition and application dates will ...
Oil prices rise as turmoil in Nigeria adds to global supply disruptions
May 20th, 2016
Oil prices rose in early trading on Friday as turmoil in Nigeria, shale bankruptcies in the United States and crisis in Venezuela all contributed to tightening supplies. Despite this, brimming inventories across the world were preventing supply shortfalls and ...
High Court rejects Big Tobacco’s appeal against plain packaging
May 20th, 2016
Four of the world’s largest tobacco companies have lost a high-profile legal challenge against the UK government’s new rules on plain packaging for cigarettes. British American Tobacco, Imperial Tobacco, Philip Morris International and Japan Tobacco International launched a High ...
New domestic and EU laws will stub out menthol cigarettes and 10-packs from tomorrow
May 19th, 2016
Smokers are in for a bitter cocktail of regulation tomorrow as EU and UK laws come into force, phasing out 10-packs, menthol cigarettes and introducing new plain packaging rules. Manufacturers will be banned from producing 10-packs of cigarettes under ...
Former KPMG partners arrested in ‘publicity stunt’, court told
May 19th, 2016
An investigation into suspected tax evasion targeted four former partners at Belfast accountancy firm KPMG in a publicity stunt, the High Court heard. HM Revenue and Customs misled judges into granting warrants to search the executives’ homes and offices ...
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 ...
