Search Results for: NFA
Tax transparency: Commission welcomes agreement on the automatic exchange of information on tax rulings
October 7th, 2015
EU Commission welcomes agreement reached by Member States on the automatic exchange of information on tax rulings The EU Commission has welcomed today’s unanimous agreement by Member States on the automatic exchange of information on cross-border tax rulings, just ...
IMF: Uncertainty, Complex Forces Weigh on Global Growth
October 7th, 2015
Global growth moderate and uneven, forecast at 3.1 percent this year, 3.6 percent in 2016 Disparate fortunes between the advanced and emerging market and developing economies Lower commodity prices weigh on commodity exporters The IMF’s latest World Economic Outlook (WEO) foresees ...
Asia Stocks Jump With Won After Weak U.S. Data; Glencore Surges
October 5th, 2015
Odds of 2015 liftoff pared as U.S. payrolls trail estimates Copper leads metals, commodities higher; China still closed Asian stocks jumped with emerging-market currencies and commodities after U.S.employment and factory reports came in well below estimates, undermining the case ...
The FMA publishes first annual report under the new regulatory regime
October 2nd, 2015
The Financial Markets Authority (FMA) 2015 annual report marks a turning point for the FMA and for New Zealand’s financial markets. This is the first report published under the fully implemented Financial Markets Conduct (FMC) Act and highlights activity ...
Document Reveals How Deutsche Bank Fires Traders With a ‘Thank You’
September 28th, 2015
E-mails show discussions on firing traders amid Libor scandal Internal script disclosed in filing to German regulators Deutsche Bank AG traders should be wary of calls that start with a thank you. “Thank you for making yourself available ...
Asian Shares Mostly Down; Singapore Enters Bear Market
September 28th, 2015
Japan shares fall as investors rethink likelihood of easing Japanese shares led Asian markets lower Monday, as investors reconsidered the prospects for further monetary easing, while stocks elsewhere mostly fell as evidence of China’s slowdown continues to build. The ...
Student group: Large legal firms are using graduates for “slave labour”, offering unpaid internships
September 24th, 2015
Concerns over ‘slave labour’ for legal graduates at law firms Large legal firms are using graduates for “slave labour”, offering unpaid internships and, in some cases, charging students thousands of dollars for practical legal training, a student group says. ...
CFTC imposed monetary penalty on trading scheme involving contracts traded on NYMEX
September 18th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Robert M. McMahon of Mt. Pocono, Pennsylvania, for engaging in a deceptive trading scheme involving Henry Hub Natural Gas Futures (NG) contracts, traded on the New ...
Fired Currency Traders Won’t Leave Quietly
September 16th, 2015
Six lawsuits filed in London by FX traders emerged last month Banks also faced employee suits after Libor scandal lay-offs As banks try to clean up trading floors beset by benchmark-rigging scandals, not all fired workers are leaving quietly. ...
Google Found Guilty of ‘Abusing Dominant Market Position’ in Russia
September 15th, 2015
Russian antitrust agency will have 10 business days to issue its ruling on the case in full Google Inc. has been found guilty in a rapid Russian antitrust probe, a spokesperson for the country’s antitrust regulator told The Wall Street Journal. ...