Search Results for: Ether
AICPA urges FAF to maintain momentum on private company issues
May 13th, 2015
The AICPA is encouraging the Financial Accounting Foundation (FAF) to maintain the commitment to private company accounting that it has displayed through the work of the Private Company Council (PCC) along with FASB. The board of trustees of FAF, ...
EBA explores digital interfaces and crypto-technologies
May 13th, 2015
The Euro Banking Association (EBA) has published two ‘hot topic’ reports on Digital Customer Service Interfaces (DCSI) and crypto-technologies at its EBA day payments conference today in Amsterdam, the Netherlands, with the intention of detailing the electronic payments landscape ...
Indian Banking Relationships Disappear as Bitcoin Exchanges Field Questions from Authorities
May 12th, 2015
Earlier this week, Indian Bitcoin exchange BTCXIndia shut down after a banking partner closed the account for an undisclosed reason. Unocoin, an Indian Bitcoin exchange which raised funding from Barry Silbert’s Bitcoin Opportunity Corp., was questioned by local authorities ...
Financial transaction tax unlikely before 2017-Austria finmin
May 12th, 2015
Europe is unlikely to impose a financial transaction tax before 2017, not in 2016 as earlier planned, Austrian Finance Minister Hans Joerg Schelling told Reuters. The tax, first proposed in the 1970s to penalise currency speculators, was seized on ...
Law Firms Have Room to Improve, General Counsel Say
May 12th, 2015
Attorneys at law firms have work to do, a new survey of general counsel worldwide has found. While lawyers “were making more effort to understand business needs and communicate better with their clients,” 127 chief legal officers said that ...
Putin’s Next Takeover Target Is Oil Giant’s $34 Billion Cash Pile
May 12th, 2015
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized his Yukos Oil Co. Last year, they forced billionaire Vladimir ...
Bank parents or main units seen pleading guilty over FX: sources
May 12th, 2015
The parent companies or main banking units of as many as five major banks, rather than their smaller subsidiaries, are expected to plead guilty to U.S. criminal charges over manipulation of foreign exchange rates, people familiar with the matter ...
Eurogroup sees progress on Greece but wants more, soon
May 12th, 2015
There were no positive or negative surprises at Monday’s Eurogroup for Greece as eurozone finance ministers confirmed in writing that there had been progress in talks between Athens and its lenders but that intensive work needs to be done ...
BoI warns Israeli banks to keep sanctions on Russia
May 11th, 2015
Israeli banks are being required to verify that sanctions are being observed. The Bank of Israel has ordered Israeli banks to establish a policy and rules for working with companies and banks in Russia, following the sanctions imposed on ...
ISDA and Markit Launch New EMIR Clearing Classification Tool on ISDA Amend
May 11th, 2015
The International Swaps and Derivatives Association, Inc. (ISDA) and Markit today announced the launch of the EMIR Clearing Classification Tool on ISDA Amend. ISDA Amend is an online service from ISDA and Markit that facilitates compliance with certain European ...