Search Results for: Member States
China relies on WTO to ‘resolve differences’ and sign deal
August 18th, 2014
China said on Monday it regretted World Trade Organisation members had failed to reach an agreement on simplifying global customs rules, a breakdown it said could damage multilateral trade. India last month torpedoed a global deal to standardize and ...
EU regulation concerning restrictive measures in view of Russia’s actions
August 4th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs the Cyprus Investment Firms, Management Companies, Administrative Services Companies and Regulated Markets (‘the Regulated Entities) about the publication in the Official Journal of the European Union, on July 31, 2014, of ...
Clashes with Russia point to globalization’s end
August 4th, 2014
As the European Union and the United States ramp up their sanctions on Russia, President Vladimir Putin’s plans for retaliation seem to include an attack on McDonald’s. There could not be a more powerful symbol that geopolitics is increasingly ...
Single Euro Payments Area makes major changes to retail changes
August 1st, 2014
The European Central Bank (ECB) today marks a major milestone in the integration of retail payments in Europe. After 15 years of work, the Single Euro Payments Area (SEPA) has been successfully implemented for credit transfers and direct debits ...
Questions raised after India Blocks WTO Trade Deal
August 1st, 2014
Several member states of the World Trade Organisation voiced frustration after India’s demands for concessions on agricultural stockpiling led to the collapse of the first major global trade reform pact in two decades. WTO ministers had already agreed the ...
Plans outlined to amend tax rules to enable new simplified reporting of VAT owed for supply of digital services
July 30th, 2014
Proposed amendments to UK tax rules are being consulted on by HM Revenue & Customs (HMRC) to recognise a new simplified mechanism that is being introduced for reporting VAT owed on the supply of digital services following changes to ...
Economic sanctions on Russia from EU and U.S.
July 30th, 2014
EU governments have agreed to impose sweeping sanctions on Russia, targeting state-owned banks, imposing an arms embargo and restricting sales of sensitive technology and the export of equipment for the country’s oil industry, in response to Moscow’s continued backing ...
Apple should do more to tackle in-app purchases problem: EU
July 18th, 2014
Apple has provided no concrete and immediate solutions to tackle the problem of adults and children racking up credit card bills by making “in-app” purchases on tablets and mobile phones, the European Commission said on Friday. Following concerns raised ...
Implementing the new European accounting directive
July 17th, 2014
In implementing the New European Accounting Directive, the Member States have choices which give them the chance to improve accounting in their country and those choices should be more evidence-based. This was the main conclusion of a roundtable facilitated ...
EU’s Juncker says countries should get incentives to reform, warns on U.S. trade pact
July 15th, 2014
Euro zone countries should get financial incentives if they make ambitious economic reforms, the designated candidate to become the president of the European Commission said on Tuesday. Speaking to lawmakers in the European Parliament who will later vote on ...
