Search Results for: BVI
London police raid offices of Forex Broker firm
March 9th, 2015
Three days ago police raided offices in the Heron Tower, hauling 13 City workers out of the building and away for questioning. The event has sent shockwaves through the Square Mile; but aside from pub gossip and wine bar ...
Investors Are Mistakenly Assured By Two Shaky Generalities
March 2nd, 2015
Investors are complacent, even confident, regarding the prospects for 2015. That is in spite of the market being at valuation levels higher than all but one previous market peak of the last 100 years, while the economy appears to ...
HSBC bosses to answer MPs’ questions
February 25th, 2015
The chairman and chief executive of HSBC will appear before a panel of MPs today to answer questions about a tax scandal at the banking giant. Chairman Douglas Flint and chief executive Stuart Gulliver will appear before MPs on ...
Self protection against money laundering
February 16th, 2015
There is much that both financial and non-financial businesses can do to take the initiative and implement their own money laundering prevention measures. The framework for such prevention measure for protection against money laundering is: Know your administration Know ...
HSBC files: Swiss bank hid money for suspected criminals
February 13th, 2015
HSBC’s Swiss bank concealed large sums of money for people facing allegations of serious wrongdoing, including drug-running, corruption and money laundering, leaked files reveal. Despite being legally obliged since 1998 to make special checks on high-risk customers, the bank ...
Can there be contagion with the Greek crisis?
February 13th, 2015
One question that has hovered around the global media recently, but has remained I believe unanswered, is what will be the likely outcome of a “Grexit” to the rest of the Eurozone countries as well as the rest of ...
China Inflation Drops to Five-Year Low in January
February 10th, 2015
China’s Consumer-Price Index Rose 0.8% in January From a Year Earlier Inflation in China fell to a five-year low in January, spurring calls from economists for more stimulus measures to counter deflationary pressure in the world’s second-largest economy. China’s ...
The Party Is Likely Over for U.S. Treasury Bonds
February 9th, 2015
U.S. treasury bonds defied the experts last year. The consensus was that once the Fed began dialing back its massive bond-buying stimulus program last January, bond prices would have to begin plunging. With the stock market so clearly in ...
Better Late Than Never For Tardy Tax Returns
February 3rd, 2015
ACCA’s head of taxation, Chas Roy-Chowdhury, gives his advice on what to do if you’ve missed the deadline for self-assessment which was 31 January The deadline for self-assessment may have passed, but for the hundreds of thousands of people ...
Google Is Developing Its Own Uber Competitor
February 3rd, 2015
The two companies are going to war over self-driving taxis. Uber faces an ever-growing cast of adversaries that includes dubious regulators, litigious drivers, hostile members of the press, and somewell-funded rivals. But the most significant threat to the app-based transportation company may be ...
