IFSC Belize warns about Global Trade Markets Ltd
December 8th, 2016
The International Financial Services Commission of Belize (IFSC Belize) has issued a warning to inform that: It has come to the notice of the International Financial Services Commission of Belize (IFSC) that an entity calling itself ‘Global Trade Markets ...
Spain To Hike Corporate Tax Burden
December 6th, 2016
The Spanish Government announced a revenue-raising Budget on December 2 that will increase the tax take from corporations. While the recently formed Government chose to leave the 25 percent corporate tax rate intact, Spain will restrict corporate tax deductions. ...
Internal Auditor
December 6th, 2016
Responsibilities & Duties Assist the Senior Internal Auditor conduct independent reviews, assessments and audits on all the facets of the company’s operations. The scope of work will include but it is not limited to financial, operational, dealing, compliance and ...
FINRA fined Credit Suisse Securities USA $16.5 million for AML and other violations
December 6th, 2016
The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Credit Suisse Securities (USA) LLC $16.5 million for anti-money laundering (AML), supervision and other violations. FINRA found that Credit Suisse’s suspicious activity monitoring program was deficient in ...
Russian Central Bank confirms $31 million stolen from accounts
December 5th, 2016
Hackers stole more than 2 billion rubles ($31 million) from correspondent accounts at the Russian central bank, the bank said on Friday, the latest example of an escalation of cyber attacks on financial institutions around the globe. Central bank ...
EU announces new tax rules to support online trading booming market
December 5th, 2016
Statement by Vice-President Ansip at the press conference to announce new tax rules to support e-commerce and online businesses in the EU Online trading is a booming market, for buyers as well as sellers. Europe could be making so ...
Andorra to renounce banking secrecy as it sheds tax haven status
December 2nd, 2016
Pyrenees principality approves automatic sharing of information on accounts held by non-residents from EU countries Andorran lawmakers have agreed to end banking secrecy in the Pyrenees mountains principality, approving automatic sharing of information on accounts held by non-residents. The ...
What It’s better to invest in than Gold? Whiskey!
December 1st, 2016
Invest in Whiskey, It’s Better Than Gold While it gathers dust on your shelf along with your other spirits, you may be surprised to learn that your whisky might also be gathering interest—significant interest at that. Scotch single malt ...
Former CBOE Member to pay $21.8 Million in a Ponzi Scheme
December 1st, 2016
CFTC Obtains $21.8 Million Default Judgment against Former CBOE Member Alvin Guy Wilkinson and his Connecticut-based Firms for Misappropriation of Customer Funds and Fraudulent Solicitation in Ponzi Scheme The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Virginia ...
Binary options – AMF updates its list of illegally operating platforms
November 30th, 2016
Once again, the Autorité des marchés financiers (the “AMF”) is sounding the alarm and alerting Québec consumers to the dangers of binary options. The AMF wishes to stress that no business is currently authorized to market or offer binary ...
