Search Results for: EU Commission
EU Council published conclusions on tax transparency
October 14th, 2016
“The Council: 1. RECOGNISES the progress made in pursuing the ambitious EU agenda for fairer, more transparent and more effective taxation and in strengthening the cooperation between fiscal authorities across the EU; 2. CONFIRMS the importance of improving further ...
SEC: Deutsche Bank to pay a $9.5 million penalty
October 13th, 2016
The Securities and Exchange Commission today announced that Deutsche Bank Securities has agreed to pay a $9.5 million penalty for failing to properly safeguard material nonpublic information generated by its research analysts. Deutsche Bank also published an improper research ...
Mobile Payments soar as Europe embraces new ways to pay
October 12th, 2016
The number of Europeans regularly using a mobile device for payments has tripled since 2015 (54% vs 18%) 74% of British consumers are ‘Mobile Payments users’ – people who manage their money or make payments using a mobile device ...
Google could face large fine by EU over Android anti-competitive practices
October 3rd, 2016
EU wants to stop Google forcing smartphone manufacturers to pre-install Android OS. Google might face a “large fine” for anti-competitive practices by the European Union, which is considering stopping the company from paying smartphone manufacturers to pre-install its Search ...
ASIC permanently bans former Deutsche Bank FX trader
September 29th, 2016
ASIC has permanently banned former Deutsche Bank FX options and futures trader, Andrew Donaldson, of Sydney, from providing financial services. The banning follows an ASIC investigation into Mr Donaldson’s conduct in 2013 and 2014 in entering a significant number ...
European Parliament Begins Panama Papers Inquiry
September 29th, 2016
The European Parliament has begun its inquiry into the Panama Papers with a hearing with the investigative journalists behind the leak. The European Parliament’s Committee of Inquiry into Money Laundering, Tax Avoidance, and Tax Evasion (PANA) held its first ...
U.S. Securities and Exchange Commission to Host Public Fintech Forum
September 28th, 2016
In an announcement today, the Securities and Exchange Commission said it will host a public forum to discuss Fintech innovation at its Washington D.C. headquarters in November. The Securities and Exchange Commission (SEC), the federal body which serves as ...
The 7 most influential people in European finance
September 26th, 2016
Bloomberg released its list of the 50 most influential people in the world of finance. It is a comprehensive list of Wall Streeters, politicians, central bankers and business leaders who shape the way the global economy functions and help ...
EU To Create List Of Non-Cooperative Tax Jurisdictions
September 26th, 2016
The European Commission has confirmed plans to draw up a pan-EU list of non-cooperative tax jurisdictions. In announcing the plans on September 15, the Commission released “a pre-assessment of all third countries according to key indicators.” The intention is ...
The European Court of Justice decides to say “no” to Cypriot claims of bail in
September 20th, 2016
The European Court of Justice has issued a press release to make public its decision that confirms the dismissal of the actions for annulment and dismisses on the merits the actions for compensation concerning the restructuring of the Cypriot banking sector. ...
