Search Results for: MoU
UK Financial Services Firms pay the highest recorded tax contribution
December 8th, 2016
Total tax contribution for the sector reached £71.4 billion in the year to 31 March 2016 A 7.4% increase on the previous year’s figures The contribution is 11.5% of total UK government tax receipts The equivalent of almost a ...
Crude imports by China will probably slow by more than 60 percent in 2017
December 8th, 2016
China demand growth seen slowing as space for stockpiles fills Asia’s biggest buyer also seen reining in private refiners One of the biggest engines soaking up the world’s oil is starting to sputter. Growth in crude imports by China, the second ...
Three major Banks fined €485 million for Euribor fix cartel
December 7th, 2016
The European Commission has fined Crédit Agricole, HSBC and JPMorgan Chase, a total of € 485 million for participating in a cartel in euro interest rate derivatives. The banks colluded on euro interest rate derivative pricing elements, and exchanged ...
The price of Bitcoin could hit more than $2,000 in 2017
December 7th, 2016
The price of Bitcoin could hit more than $2,000 in 2017 driven by expectations that U.S. President-elect Donald Trump may introduce economic stimulus policies, which could send inflation soaring and propel the dollar to record highs, a report from ...
Playtech commented on CySec’s and FCA’s proposals and announces Share Buyback Programme
December 6th, 2016
Playtech (LSE: PTEC) today announces a share buyback programme (the “Buyback Programme”) of up to €50 million. At its 2016 interim results in August, Playtech reiterated that it is cognisant of the need for an efficient balance sheet with ...
Singapore imposed millions penalty to foreign banks branches
December 5th, 2016
The Monetary Authority of Singapore (MAS) announced today that it has imposed financial penalties of S$5.2 million and S$2.4 million respectively on Standard Chartered Bank, Singapore Branch (SCB) and Coutts & Co Ltd, Singapore Branch (Coutts) for breaches of ...
FXCM US and QuantConnect Announce Live Trading Integration
December 5th, 2016
Forex Capital Markets LLC, (“FXCM US” or “FXCM” ) the US entity of FXCM Inc. (NASDAQ:FXCM), a global online provider of foreign exchange (FX) trading and related services, announced today Live Trading Integration with QuantConnect, a leading cloud-based algorithmic ...
Football Leaks: Corruption of the game
December 5th, 2016
From where did the largest dataset leak in the history of sports come? And who is the man who exposed the corruption and tax scheming – the individual who is now being hunted down by the giants of the ...
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 ...
Lithuania is looking to attract FinTech companies
December 5th, 2016
Of all the cities lining up to poach London’s business post-Brexit, Vilnius might seem the most unlikely. Yet the Lithuanian capital has much to offer financial firms, from liveability and local talent to cutting-edge fintech regulation. Euromoney visits a ...
