Search Results for: Luxembourg
Media reports said a growing number of close U.S allies to join a new China-led international development bank
March 17th, 2015
A senior U.S. diplomat said it was up to individual countries whether to join a new China-led international development bank as media reports said a growing number of close U.S. allies were ignoring Washington’s pressure to stay out of ...
Juncker investment plan clears key EU hurdle
March 10th, 2015
European finance ministers on Tuesday approved the key components of Jean-Claude Juncker’s flagship investment plan, the EU’s effort to revive the continent’s flagging economy. Ministers from the bloc’s 28 member states approved the details of the scheme, as Italy ...
Court upholds British challenge to ECB policy on clearing houses
March 4th, 2015
The European Union’s second-highest court has ruled the European Central Bank (ECB) was wrong to insist that euro clearing houses should be based in the single currency area, a policy Britain had challenged to defend its financial sector. Lawyers ...
Indirect tax rates continue to soar across the globe as governments devise new levies
March 3rd, 2015
Value-added tax (VAT) rates surge to a high of 21.6% in EU Member States More countries levying VAT, particularly in emerging markets Governments introduce new taxes on health products and e-commerce As VAT rates continue to rise, governments are ...
International and regional bodies that combat money laundering (part B)
March 2nd, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
FCA warning against unauthorised firm
February 19th, 2015
The Financial Conduct Authority (“FCA”) of the United Kingdom would like to alert that: Boiler Room Name: BC Financial Advisors Address: New Burlington House, 1075 Finchley Road, London, NW11 0PU Telephone: 02034756986 Email: info@bcfinancialservicesinc.com is NOT authorised under the ...
Greek stocks fall as debt deal talks stall
February 17th, 2015
Yanis Varoufakis: “We are ready and willing to do whatever it takes” Greece’s stock market fell by more than 4% at its open after European finance ministers failed to reach a new deal to restructure the country’s debts. Greek ...
Hodge delivers fresh attack on tax avoidance
February 12th, 2015
Professional tax advisers heard some tough talking from Margaret Hodge MP, chair of the Public Accounts Committee, when she spoke at an ICAS Business Insights event in London on 10 February. The Labour MP for Barking said: “There are too many ...
Asia stocks, euro fall as Greek uncertainty saps confidence
February 12th, 2015
Asian stocks and the euro fell on Thursday as markets erred on the side of caution over the ongoing Greek debt negotiations amid conflicting headlines on progress in the talks. The uncertainty is expected to be highlighted in a ...
CSSF warning against unauthorised entity
February 9th, 2015
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an entity named LF-Trust Europe, which claims to be located at 7, rue Jean Monnet, L-2180 Luxembourg. The CSSF informs the public that LF-Trust Europe ...
