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Global Accountancy Body welcomes ECB’s Bond – Buying initiative

January 23rd, 2015 (0)
ACCA welcomes the launch by the European Central Bank (ECB)‘s of an expanded asset purchase programme, entailing the existing purchase programmes for asset-backed securities and covered bonds. As from March 2015, the Eurosystem will start to purchase euro-denominated investment-grade ...

Jan 22, ECB President Mario Draghi: Introductory statement to the press conference

January 22nd, 2015 (0)
“Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. Let me wish you all a Happy New Year. I would also like to take this opportunity to welcome Lithuania as the ...

Revenge of Disaffected Europe Risks Crisis Sparked in Greece

January 22nd, 2015 (0)
They speak different languages, they come from different backgrounds, yet all have the same message of frustration that’s threatening to redraw the European political map over the next year. Starting with elections this Sunday in Greece and heading west ...

Bitcoin finds a place among the world’s elite

January 22nd, 2015 (0)
More famous for being a renegade alternative to a world currency, bitcoin has managed to find a more prominent role among the global elite at the World Economic Forum in Davos. The Alpine resort plays host to a slew ...

Fresh progress in China-Switzerland financial cooperation

January 22nd, 2015 (0)
The Swiss National Bank (SNB) and the People’s Bank of China (PBC) signed, yesterday Jan 21 2015, the Memorandum of Understanding on the establishment of RMB Clearing Arrangements in Switzerland, and the PBC decided to extend the pilot scheme of ...

Oil tycoon Harold Hamm sells company for $3 billion

January 22nd, 2015 (0)
Oil magnate Harold Hamm is selling one of his companies for $3 billion, but that kind of money still won’t make up for what he recently lost. Kinder Morgan (KMI) said Wednesday that it will buy Hamm’s company Hiland, which owns ...

Accounting firms: Small practitioners pick apart KPMG’s SME move

January 22nd, 2015 (0)
A torrent of defiance and disbelief has been unleashed by accountancy practices across the UK after KPMG‘s recent vow to disrupt and dominate the SME market by telling small businesses “you can pay us the same as your current accountant, ...

Switzerland, Italy Reach Agreement On Tax Treaty

January 20th, 2015 (0)
Italy and Switzerland have agreed an amendment to their double tax agreement to enhance tax information exchange provisions. It is hoped that the agreement will be signed before the March 2 deadline set by Italy’s new voluntary disclosure program ...

FXCM Provides Further Details on Financing With Leucadia National Corporation

January 20th, 2015 (0)
Further to the announcement that Leucadia is investing $300 million in cash into FXCM, the leading online provider of foreign exchange issued a stattement with further details on the financing. Read also the announcement Leucadia is investing $300 million in cash ...

Former directors of First China financial services group ordered to compensate the company

January 20th, 2015 (0)
SFC obtains court orders against current and former directors of First China to compensate the company RMB18.69 million The Court of First Instance has ordered three current and former directors of First China Financial Network Holdings Ltd (First China), ...
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