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Express Gifts Ltd enters into £12.5m redress scheme
February 18th, 2017
The insurance products sold by Express Gifts Ltd covered against accidental damage and theft for all products purchased from their Ace or Studio brands. The insurance was called “Property Insurance” from January 2005 to August 2008 and “Purchase Protection ...
UAE among top 20 countries for entrepreneurs, says Ashish Thakkar
February 17th, 2017
The UAE ranks among the world’s top 20 nations offering the best environment for entrepreneurs, according to a report by Mara Foundation and Opinium Research. The inaugural Ashish J Thakkar Global Entrepreneurship Index measures entrepreneurial environments around the world ...
CBOE issued a press release to inform for the acquisition of Bats Global Markets
February 17th, 2017
Transaction Has Received Final Remaining European Regulatory Approval Three Bats Directors to Join CBOE Holdings Board Election Deadline for Bats Stockholders Set for February 24 CBOE Holdings, Inc. (NASDAQ: CBOE) and Bats Global Markets, Inc. (Bats: BATS) announced today ...
IBM and Visa turn automobiles, appliances and all other connected devices into potential Points of Sale
February 17th, 2017
IBM Watson IoT to Provide Access to as Many as 20 Billion Devices for Visa in the Next Five Years Companies Share Vision for Commerce Based IoT at First Ever IBM “Genius of Things” Summit IBM (NYSE: IBM) and Visa ...
Deutsche Boerse CEO denies insider trading allegations
February 17th, 2017
The head of Deutsche Boerse said insider trading allegations against him were unfounded, pointing out that he did not determine the timing of his share purchases ahead of the announcement of merger plans with the London Stock Exchange (LSE) ...
ASIC released a consultation paper about ASIC Class Order Reporting requirements
February 17th, 2017
ASIC today released a consultation paper proposing to remake ASIC Class Order Reporting requirements under s989B. This is due to expire (‘sunset’) on 1 October 2017. This instrument grants relief to Australian financial services licensees who are ...
FCA reports on new evidence on liquidity in the UK corporate bond market
February 16th, 2017
The Finacial Conduct Authority (FCA) of UK, has issued a press release to inform regarding new data for the liquidity in the UK’s corporate bond market over the past two years. Below is the press releases as it was ...
KPMG And Microsoft Announce New “Blockchain Nodes”
February 16th, 2017
First joint blockchain nodes open in Frankfurt and Singapore; will identify new applications and use cases for blockchain technology KPMG International and Microsoft Corp. have announced the launch of joint Blockchain Nodes, which are designed to create and demonstrate ...
EU mulls reduction in threshold for country-by-country reporting
February 16th, 2017
EU plans for country-by-country reporting could target a much broader base of multinationals if proposals from the European parliament’s Committee on Economic and Monetary Affairs to slash the current threshold are adopted The proposals to amend the Directive would ...
SIX Swiss Exchange annnounced two additional European markets
February 15th, 2017
The internationalization of the SIX Swiss Exchange Liquidnet Service (SLS) provides participants with yet more options for non-displayed trading. As of today, SLS supports trading in both Italian and Norwegian equities. This extension adds over 400 shares to the ...
