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Commission To Probe All EU Advance Tax Rulings

January 19th, 2015 (0)
The European Commission has announced that its ongoing inquiry into advance tax rulings will be expanded to cover all European Union member states. The Commission said on December 17 that it will ask member states to confirm whether they ...

Banks Battle Speculation Denmark’s Euro Peg at Risk: Currencies

January 19th, 2015 (0)
Banks in Scandinavia are joining the Danish government in trying to persuade offshore investors that the Nordic country isn’t about to copy Switzerland and drop its euro peg. SEB AB, the Nordic region’s largest currency trader, said it’s been fielding calls ...

CySec requests further information from CIFs after the recent move on Swiss Franc

January 19th, 2015 (0)
The recent move on the Swiss Franc has urgent CySec to ask information from the investment firms under its supervision, on the impact of the move on their business.  With a circular, the Cyprus Securities and Exchange Commission (CySec) ...

Euro-MPs back LuxLeaks tax probe

January 15th, 2015 (0)
European lawmakers backed an official probe into tax evasion Wednesday, a hot topic after the “Luxleaks” scandal that has embroiled EU commission head and former Luxembourg premier Jean-Claude Juncker. The Greens group said it had collected enough votes to ...

Asia shares rise after commodities rebound, dollar regains ground

January 15th, 2015 (0)
Spreadbetters see higher open for European bourses RBI surprises with rate cut, Indian stocks rally Mood over risk assets still subdued after weak U.S. data Dollar gains some respite as U.S. yields inch up after plunge Asian stocks mostly ...

The Currency Exchange Selects Quantifi for Counterparty Credit Risk Management for Emerging Market Currencies Derivatives

January 14th, 2015 (0)
Quantifi delivers sophisticated analytics for emerging market interest rates and FX derivatives Advanced models generate fast, accurate results Quantifi, a specialist provider of analytics, trading and Risk Management solutions, today announced that The Currency Exchange (TCX) has selected Quantifi ...

IRS Sets Up FATCA Data Exchange Service

January 14th, 2015 (0)
FATCA Data Exchange Service The Internal Revenue Service (IRS) has begun International Data Exchange Service (IDES) enrollment. The platform will enable the secure transmission of client data under the Foreign Account Tax Compliance Act (FATCA). Foreign financial institutions (FFIs) ...

Apple Sues Ericsson Over Patents Related to LTE Connectivity

January 14th, 2015 (0)
Apple Inc. sued Ericsson , alleging the patents being asserted by the Swedish networking giant aren’t “essential” to high-speed wireless technology the iPhone maker uses in its mobile devices. In a complaint filed in U.S. District Court for Northern ...

OPEC vs. U.S.: Who will blink first on oil?

January 14th, 2015 (0)
The Merriam-Webster dictionary offers this definition for the word capitulate: “to stop fighting an enemy or opponent; to admit that an enemy or opponent has won.” I’m not sure who oil companies are fighting, whether it’s oil traders, OPEC, ...

Interview with Benoît Cœuré, ECB

January 14th, 2015 (0)
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, on 13 January 2015 How concerned are you about the election of a new parliament in Greece resulting in a re-emergence of the euro crisis? Greece is ...
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