Search Results for: EBA
Denmark pushes to widen probe into multi-billion-euro tax fraud
November 6th, 2018
Denmark is widening its investigation of a massive stock trading scam, as the state attempts to recover $2 billion of tax reclaims it was tricked into paying. The country’s tax minister has asked the financial regulator to gather information ...
EU needs single anti-money laundering authority, says thinktank
November 5th, 2018
The European Union should set up a single anti-money laundering (AML) authority with the power to levy big fines to tackle the stream of scandals across member states, Brussels-based thinktank Bruegal has said in a new report. The thinktank ...
Emerging stocks find solace after October’s wild ride, currencies weaken
November 1st, 2018
Emerging stock markets gained at the end of a brutal month on Wednesday as stimulus hopes lifted Chinese shares, though a firm dollar and a plethora of uncertainties hit many currencies. Chinese stocks rise on stimulus hope after weak ...
Top EU banks guilty of multi-billion tax fraud
October 23rd, 2018
Tax-scams operated by the EU’s top banks cost treasuries €55.2bn, a cross-border investigation has shown. The scams, dubbed “the biggest tax robbery in European history”, involved Deutsche Bank and Santander – the largest lenders in Germany and Spain. They ...
Alert: Beware of unauthorised companies providing investment services
October 18th, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Austria (Financial Market Authority – FMA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Quebec (Autorité des Marchés Financiers), Hong Kong (Securities and Futures Commission – SFC) ...
iSignthis Probanx Delivers Core Banking to Wanfuteng Bank
October 17th, 2018
Highlights Wanfuteng Bank now integrated to core banking platform “CorePlus” Joins 16 other banks as a customer Probanx core banking platform services banks located across 3 continents FY2018 (Calendar) EBIT for Probanx business unit revised to €275-300k iSignthis Ltd ...
ESMA highlights progress on MiFID II implementation
October 12th, 2018
Steven Maijoor, Chair of the European Securities and Markets Authority (ESMA), has delivered the following statement to the Economic & Monetary Affair Committee (ECON) at the European Parliament as part of the annual hearing of the chairs of the ...
We should ditch GDP as a measure of economic activity
October 10th, 2018
This article exposes the false economic concepts behind GDP, which is only the visible tip of a large iceberg of economic deceit. Describing an increase in GDP as economic growth owes its meagre validity to imprecise definition. An ...
Will Britain ever manage to leave “Hotel California”?
October 1st, 2018
ast thing I remember, I was Running for the door I had to find the passage back to the place where I was before “Relax” said the night man, “We are programmed to receive. You can check out any ...
Hedge funds are betting big against sterling
September 25th, 2018
Hedge funds are betting big against sterling, the most since May last year. And following last week’s Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest on record. Funds and speculators ...
