Search Results for: European Commission
Commission To Probe All EU Advance Tax Rulings
January 19th, 2015
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 ...
European markets rise on US futures lead
January 12th, 2015
World markets were traded lower on Friday. Average Hourly Earnings in December, released in the United States, indicated unexpected decrease and affected investor’s sentiment. Non-Farm Employment Change outperformed the outlook, Unemployment Rate dropped to the lowest level over 6.5 ...
HSBC sets aside head of European forex trading
December 11th, 2014
HSBC has sacked its European currency trading chief in the wake of a huge $618m (£394m) fine for manipulating the £3.3trn a day foreign exchange market. The bank is understood to have “let go” Stuart Scott on Tuesday following ...
ESMA and Australian Securities and Investment Commission (ASIC) sign MoU on trade repository data
December 4th, 2014
The European Securities and Markets Authority (ESMA) and the Australian Securities and Investments Commission (ASIC) have concluded a Memorandum of Understanding (MoU) on access to data held in European trade repositories . The MoU is effective as of 26 November 2014. The ...
European Audit Regulators on audit quality issues
December 1st, 2014
Independent audit regulators from Europe, including the Luxembourg, have structured meetings with different stakeholders on audit quality issues. In November, the European Audit Inspection Group (EAIG) met KPMG’s European leadership and the audit standard setters (IAASB/IESBA boards). The meetings are intended to ...
European Antitrust Regulators to Hold Discussions With Google’s Rivals
November 12th, 2014
European antitrust regulators will hold discussions with the companies most concerned by Google’s business practices before deepening existing investigations or resolving them, the new competition commissioner for the European Union said Tuesday. Google has faced an increasing barrage of ...
Luxembourg’s Tax Rulings Discussed By New EU Commissioner
November 10th, 2014
The European Commission has not yet formed an opinion on two contested tax rulings provided by the Luxembourg Government to multinational companies, and it has yet to formally respond to the recent leak of previous rulings, the new Competition ...
MPs urged to back readoption of European arrest warrant
November 6th, 2014
Britain risks becoming a haven for fugitives if MPs fail to endorse the country’s participation in the European arrest warrant (EAW) in a forthcoming parliamentary vote, leading legal, law enforcement and academic figures have warned. The EAW is one ...
Euro zone to avoid recession, stagnation risks remain: EU Commission
November 4th, 2014
The euro zone will need another year to reach even a modest level of economic growth, the European Commission said on Tuesday, calling on Germany to help as Chancellor Angela Merkel again rejected a spending spree. The EU executive ...
European Court decides to cut rate VAT on digital books
September 19th, 2014
The European Court of Justice has agreed that a reduced rate of value-added tax may be applied to books that are provided in digital form. The case concerned a publishing company that sought a preliminary ruling from the Finnish ...
