Search Results for: MoU
EU raids banks over attempts to block financial tech rivals
October 11th, 2017
You’d think that governments were waging a war against financial technology given reports of crackdowns and tighter regulation, but the opposite is true in Europe. EU officials have confirmed that they recently raided the offices of bank authorities in ...
International fraudulent scheme controller fined for more than $2 million
October 11th, 2017
The Commodity Futures Trading Commission (CFTC) announced that the Honorable Joan B. Gottschall of the U.S. District Court for the Northern District of Illinois entered a Final Judgment and Order against Grace Elizabeth Reisinger of Grand Island, Nebraska and ...
Early Forex and Shares market review
October 11th, 2017
A broad index of Asian shares touched a decade-high on Wednesday, taking cues from signs of confidence in the U.S. Meanwhile, the euro held onto overnight gains after Catalonia held back on an outright declaration of independence. During the ...
US to raise crowdfunding ceiling to $5 million in regulatory shake-up
October 9th, 2017
The U.S. Department of the Treasury released a report detailing how to streamline and reform the U.S. regulatory system for the capital markets. Treasury’s evaluation of current capital market regulations found that there are significant reforms that can be ...
EU ordered Luxembourg to collect around €250 million from Amazon
October 5th, 2017
The European Commission has issued a press release to inform on its conclusion that Luxembourg granted undue tax benefits to Amazon of around €250 million. According the press release, Commission finds Luxembourg gave illegal tax benefits to Amazon worth ...
EU VAT Gap Release Falls Ahead Of New Anti-Fraud Action
October 4th, 2017
The European Union value-added tax gap – the overall difference between expected VAT revenue and actual EU member state collections – was EUR152bn in 2015, says the European Commission, highlighting the need for further reforms to tackle avoidance, error, ...
Bitcoin could hit $6,000 by year-end, experts said
October 4th, 2017
Bitcoin could rally nearly 40 percent to hit $6,000 before the end of the year but investors should brace for more volatility, according to industry experts. The cryptocurrency was trading around $4,333 on Tuesday. The third quarter has been ...
Why the Euro is in negative picture
October 3rd, 2017
The euro doesn’t look like an attractive option in the short-term given political uncertainty in regions like northeastern Spain, currency strategists told CNBC Monday. Catalonia’s separatist calls add to a negative picture for the euro, traders say The euro-dollar ...
Dollar gains, euro dipped, yen fell; What to watch this week
October 2nd, 2017
Treasury yields rose with the dollar as investors contemplate prospects for U.S. tax cuts and the potential of a less dovish Federal Reserve chief. Stocks were mixed in an Asia-Pacific region affected by holidays, after China unveiled a targeted ...
Canadian Securities Regulators Announce Ban On Binary Options
September 29th, 2017
The Canadian Securities Administrators (CSA) announce the implementation of Multilateral Instrument 91-102 Prohibition of Binary Options, which makes it illegal to advertise, offer, sell or otherwise trade binary options shorter than 30 days with any individual. “Binary options are ...
