Search Results for: ICE
CySec warning against unauthorised firm
June 25th, 2014
The Cyprus Securities and Exchange Commission (CySec) has published a press release informing the investors that the company ‘BDB Services Ltd’ (https://www.australia.bancdebinary.com and https://www.bbinary.com): 1. Is not permitted to provide investment and ancillary services in the Republic, pursuant to ...
Singapore to Require Banks to Hold Liquid Assets for Crises
June 25th, 2014
Banks in Singapore will soon be required to keep certain amounts of easy-to-sell assets on hand in the country to support themselves in times of stress. The new liquidity framework applies to lenders with a “significant retail presence” in ...
U.S. Ruling Loosens Four-Decade Ban On Oil Exports
June 25th, 2014
The Obama administration cleared the way for the first exports of unrefined American oil in nearly four decades, allowing energy companies to start chipping away at the longtime ban on selling U.S. oil abroad. In separate rulings that haven’t ...
Andy Coulson guilty over phone hacking as Rebekah Brooks walks free
June 24th, 2014
David Cameron’s former communications chief Andy Coulson is facing jail after being found guilty of conspiring to hack phones while he was editor of the News of the World. Rebekah Brooks, his predecessor in the job, walked free from ...
Japan reveals plans to cut corporate tax to below 30%
June 24th, 2014
Japan has unveiled plans to cut the country’s corporate tax to below 30% in several stages starting next year. The move is part of Prime Minister Shinzo Abe’s plan to revive the economy, a pledge made when he took ...
Don’t Shortchange Short Sellers
June 24th, 2014
More finance journalists and industry people should go to academic conferences. There is a lot of good stuff to learn. Case in point: I recently attended the Western Finance Association’s annual meeting in Monterey, California, and saw several papers ...
SEC Charges Hedge Fund Advisory Firm
June 24th, 2014
The U.S. Securities and Exchange Commission has charged a West Palm Beach, Fla.-based hedge fund advisory firm and its founder with fraudulently shifting money from one investment to another without informing investors. The firm’s founder and another individual later ...
Canada Amends National Law to Regulate Bitcoin Businesses
June 24th, 2014
The Parliament of Canada has passed a bill that amends the country’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act of 2000 to extend to both foreign and domestic businesses working in the bitcoin and digital currency sectors ...
Devon VAT fraud accountant jailed
June 24th, 2014
Devon accountant Robert Carpenter was jailed at Exeter Crown Court last week after pleading guilty to a £95,000 VAT fraud. The accountant from Barnstaple was sentenced to 12 months’ imprisonment and was also banned from being a company director ...
NFA’s Board approves prohibition of credit cards to fund retail forex accounts
June 24th, 2014
National Futures Association (NFA) announced that its Board approved a ban on the use of credit cards to fund retail forex and futures accounts. This prohibition is subject to approval by the Commodity Futures Trading Commission. Although NFA’s proposed ...
