Search Results for: ELA
Ernst & Young Role in Gowex Fraud Questioned
August 14th, 2014
Investors and the Madrid exchange are asking just who was verifying its financial statements, after the Wi-Fi hotspot provider, Let’s Gowex SA collapsed last month. Auditor Jose Diaz, of M&A Auditores, has been named as a suspect and jailed ...
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
MFSA accepts surrender of licence
August 13th, 2014
MFSA, the Maltese regulator, has issued an announcement informing that Mansard Capital SICAV plc (“the Scheme”) recently requested the Malta Financial Services Authority (MFSA) to accept the surrender of the collective investment scheme licence granted in relation to Mansard CTA Fund (“the Sub-Fund”). ...
CySec: Transitional provisions of the new AIF law
August 13th, 2014
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement informing all interested parties that the Alternative Investment Funds Law (L.131(I)/2014) (the ‘Law’) came into force on July 27th 2014. The Law can be found on the Commission’s website, ...
Technical Analysis USD/CHF continues to struggle with 0.91
August 13th, 2014
Technical Analysis USD/CHF for August 13, 2014 Pair’s Outlook Yesterday’s attempt to break 0.91 did not turn out to be successful. Accordingly, USD/CHF keeps trading under the weekly R1 level. The pair nonetheless has the potential to rise and ...
Nabarro to offer fixed fees for all litigation clients
August 13th, 2014
Nabarro is launching a new regime of fixed-fee deals across its litigation practice which will see the firm shoulder risk for its clients. For the first time the firm will offer a single headline price for an entire dispute, ...
Cayman Simplifies Customs Procedures
August 13th, 2014
The Cayman Islands is trying to speed up and simplify things for cross-border traders and thus has launched a number of initiatives to achieve it. It has announced a two percent reduction in several duties and as from September ...
Being Pro-West Doesn’t Mean Being Anti-Russian
August 13th, 2014
The recent events in Ukraine and the resulting wave of sanctions, affecting all sides of the conflict, have once again intensified the long-running disagreement in Russia between pro-West and anti-West factions. Facebook is full of passionate arguments as yesterday’s ...
Brazil’s Petrobras Ramps Up Production of Pre-Salt Oil
August 12th, 2014
After several years of very little progress, Brazil is finally beginning to extract oil from ultra-deep water. Brazil’s economy grew at an astounding pace from 2005 to 2010, thanks to a commodity boom that sent exports of things like ...
Technical Analysis USD/CHF charges at 0.91
August 12th, 2014
Technical Analysis USD/CHF for August 12, 2014 Pair’s Outlook The currency pair is presently recovering, but it has to gain a foothold above 0.91 to confirm its bullish intentions. However, even if it does, there will still be the ...
