Search Results for: Euro area
Brexit fears overshadow UK’s pole position as leading EU legal hub
August 4th, 2017
With Britain having the largest footprint in legal and accounting, a report commissioned by the City highlights the contribution of the sector to the economy and warns of the dangers ahead. Britain’s position as the leading legal hub of ...
EU Requires Belgium, France To End Port Tax Breaks
August 1st, 2017
Belgium and France must abolish corporate tax exemptions granted to their ports so as to align their tax regimes with European Union state aid rules, the European Commission has said. In a statement issued on July 27, the Commission ...
Poverty in Italy triples over decade as economy slows
July 17th, 2017
The number of Italians living in absolute poverty reached its highest level for more than ten years in 2016, according to a report from the Italian National Institute of Statistics ISTAT. According to the agency, the number of absolute ...
The logic of a modern gold standard
July 14th, 2017
The logic of a modern gold standard In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooperation Organisation to break from the US dollar completely, ...
Global energy investment fell the second consecutive year
July 14th, 2017
Global energy investment fell for a second year in 2016 as oil and gas spending continues to drop Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and ...
EY promotes 669 new partners worldwide
July 12th, 2017
EY continues to advance women and partners from the emerging markets (comprising nearly 30% and 36% of all promotions respectively) Promotions demonstrate EY’s commitment to developing leaders EY announces that 669 people globally have been promoted to partner. For ...
Why free trade and open markets in financial services matter; Andrew Bailey, FCA Chief Executive
July 11th, 2017
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has released a speech by Andrew Bailey, Chief Executive of the FCA, at Reuters Newsmaker event. According the release: Note: this ...
NEX SEF Limited went live
July 7th, 2017
NEX Group plc (“NEX”) (NXG.L), a financial technology company at the centre of global markets, announces that its Swap Execution Facility (“SEF”), NEX SEF Limited (“NEX SEF”), went live on 3 July 2017. NEX SEF received approval from the ...
ESMA issues statement on CFDs, Binary Options and other speculative products
June 30th, 2017
The European Securities and Markets Authority (ESMA) has issued a statement updating on its work in relation to the sale of contracts for differences (CFDs), binary options and other speculative products to retail investors. Statement Text: ESMA has been ...
The New EU Rules for Anti-Money Laundering and Tax Avoidance Enter Into Force
June 28th, 2017
Strengthened EU rules to tackle money laundering, tax avoidance and terrorism financing enter into force The Juncker Commission has made the fight against tax avoidance, money laundering and terrorism financing one of its priorities. On June 26,2017 the Fourth ...
