High court approves £129m fine for Tesco over accounting scandal
April 11th, 2017
The high court has approved a settlement between Tesco and the Serious Fraud Office that involves Britain’s biggest retailer paying a £129m fine over an accounting scandal. Sir Brian Leveson approved the so-called deferred prosecution agreement (DPA) at a ...
How the house prices in each European country changed
April 10th, 2017
Fourth quarter of 2016 compared with fourth quarter of 2015 House prices up by 4.1% in the euro area Up by 4.7% in the EU. House prices, as measured by the House Price Index, rose by 4.1% in the ...
EY supporting global Cryptocurrency BOScoin
April 10th, 2017
BlockchainOS (https://boscoin.io) has engaged EYC3, EY’s Asia-Pacific data and analytics capability, to support development of the BOScoin cryptocurrency. EY’s footprint across 150 countries, their global experience in blockchain and cryptocurrency coupled with their leading data and analytics capabilities are ...
Netherlands to introduce Registry Of Beneficial Ownership to fight Tax evasion
April 10th, 2017
One year after the revelations of the Panama Papers there is still a lot of work to do for the Netherlands to effectively prevent and fight widespread international money laundering structures and unlawful tax evasion. This is especially the ...
Law firm rates rising at fastest pace since 2008 recession
April 10th, 2017
Overall law firm rates are on the up with average year-over-year lawyer rate increases reaching their highest levels since 2008. Larger firms are maintaining pricing power as rates rise. Among over 350 factors tested in a new report, law firm ...
Most Asian Stocks Rise as Yen’s Drop Lifts Topix: Markets Wrap
April 10th, 2017
Korean shares slip with the won; oil extends last week’s gain Earnings from Prada, JPMorgan and Tesco are expected this week Most Asian stocks rose, with a falling yen pushing shares higher in Japan, as investors weighed the impact ...
ESMA publishes updated AIFMD and UCITS Q&As
April 7th, 2017
The European Securities and Markets Authority (ESMA) has published updated questions and answers documents (Q&A) on the application of the Alternative Investment Fund Managers Directive (AIFMD) and the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS). Both ...
RISK MANAGEMENT OFFICER
April 7th, 2017
JOB VACANCY: RISK MANAGEMENT OFFICER Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring ...
IBM Launches Blockchain Platform for US Oil Trade
April 7th, 2017
Technology giant IBM has developed a blockchain trade finance platform alongside a bank and a commodity trading house to settle deals using the blockchain solution. Singaporean commodities trading house Trafigura and French bank Natixis join IBM in the innovative ...
CySec wholly withdraw the license of a Cyprus Investment Firm
April 6th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform in relation to its decision to wholly withdraw the CIF license of CommexFx Ltd According CySec’s announcement, on its meeting of 25th July 2016, the Commission ...
