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The economic consequences of Mr Modi

November 26th, 2016 (0)
Two weeks ago, India’s Prime Minister Narendra Modi demonetised an estimated 86% of rupees in circulation, offering conversion into a bank account or into smaller currency notes until 31 December, after which these notes will have no redemption value. ...

Fraud involving VAT on goods costs EU tax payers an estimated €50 billion a year

November 25th, 2016 (0)
VAT reform: how MEPs intend to tackle the €50 billion a year fraud Fraud involving VAT on goods exported to other member states costs EU tax payers an estimated €50 billion a year. The European Commission has come up ...

PwC comments on EU’s proposed changes to finalise Basel III and start implementing Basel IV

November 25th, 2016 (0)
Earlier this week , the European Commission published its first proposals for revised rules to calibrate capital and liquidity requirements – in the form of a Directive and a Regulation (“CRD V”& “CRR II”), as well as amendments to ...

Oil prices fall on strong dollar, trading thin ahead of OPEC meeting

November 25th, 2016 (0)
Oil prices fell on Friday, under pressure from a strong dollar, but activity was low after the U.S. Thanksgiving holiday and as many traders are reluctant to take big new positions ahead of a planned OPEC-led crude output cut ...

German Finance Ministry Publishes Report on Fintech: Very High Growth in Recent Years

November 24th, 2016 (0)
The German Federal Ministry of Finance or Bundesministerium der Finanzen, has published a report on the emerging Fintech sector. The document, authored by Prof. Dr. Gregor Dorfleitner and Jun.-Prof. Dr. Lars Hornuf (with the assistance of Matthias Schmitt & Martina ...

Another binary options trading website is in the sights ASIC

November 24th, 2016 (0)
ASIC wins orders against another website linked to binary options group Titan Trade Another binary options trading website operating in Australia is in the sights of the corporate regulator as part of its ongoing investigation into the alleged activities ...

T-Mobile’s accounting slammed by investor group in letter to SEC

November 24th, 2016 (0)
MarketWatch is not alone in criticizing wireless operator T-Mobile US. Inc. for its accounting. An investor group sent a formal letter of complaint to the Securities and Exchange Commission on Wednesday, asking the regulator to conduct a probe of ...

FCA charges sixth defendant in alleged investment fraud

November 24th, 2016 (0)
The Financial Conduct Authority (FCA) UK has issued an announcement to inform that following an investigation of the Authority, Charanjit Sandhu (DOB: 03/12/1989) of Grays, Essex, appeared today before the City of London Magistrates Court charged with conspiracy to ...

Oil prices static on uncertainty over planned production cut

November 24th, 2016 (0)
Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity due to the U.S. Thanksgiving holiday kept traders from making big new bets on markets. International Brent crude oil ...

STOXX Changes Composition Of Benchmark Indices

November 23rd, 2016 (0)
STOXX Ltd. today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index. Effective as of the open of ...
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