Search Results for: European Union
Criminal network gained millions in fixing professional tennis matches
January 16th, 2019
Europol, the European Union’s law enforcement agency, has issued a press releases to inform for an operation in relation with fraud in professional tennis competitions. In accordance the press release, an organised crime group involved in manipulating professional tennis ...
Decision making on EU Tax Policy
January 16th, 2019
How is EU law on taxation adopted? The European Commission proposes new EU law or amendments to existing EU tax law. Currently, EU tax law is adopted through a special legislative procedure with the Council of the European Union ...
Pound rises after ‘meaningful’ Brexit vote
January 16th, 2019
The pound has risen after MPs voted to reject Theresa May’s Brexit deal by 230 votes. The vote opens up a range of outcomes, including no deal, a renegotiation of Mrs May’s deal, or a second referendum. Sterling rose ...
Business investment rate up to 23.3% in the euro area
January 14th, 2019
Eurostat, the statistical office of the European Union, has published a report in relation to the business investment rate in the euro area for the third quarter of 2018. In accordance the report: In the third quarter of 2018, ...
The Tragedy Of The Euro
January 11th, 2019
After two decades, the euro’s minders look set to drive the Eurozone into deep trouble. December was the last month of the ECB’s monthly purchases of government debt. A softening global economy will increase government deficits unexpectedly. The ...
Pound options show traders positioning for delay to Brexit date
January 11th, 2019
Pound options traders seem to be positioning for the possibility that the U.K. will delay its exit from the European Union. Investors are now more negative on the currency in nine months time rather than on three-month contracts that ...
BaFin Germany plans renewed national restriction on CFDs for retail investors
January 7th, 2019
After preparing for the expiry of the product intervention measure imposed by the European Securities and Markets Authority (ESMA) with regard to binary options, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) is now doing the same ...
The Arrival Of The Credit Crisis
January 2nd, 2019
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anyway. The timing had recently become apparent as well, and in early August I ...
The euro turns 20
December 28th, 2018
The euro turns 20 on Tuesday, marking two tumultuous decades that saw the single currency survive a make-or-break crisis and become a fixture in financial markets and Europeans’ wallets. But it is destined to remain a fragile giant without ...
ESMA to renew prohibition in relation to Binary Options
December 28th, 2018
The European Securities and Market Authority (ESMA) published an announcement in relation to the renewal of the prohibition on the marketing, distribution or sale of binary options to retail clients. In accordance the announcement, on 14 December 2018, the ...
