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German Economic Growth Accelerates, French GDP Only Slightly Higher

February 13th, 2015 (0)
The eurozone’s largest economies were on diverging paths in the final three months of 2014, as German growth accelerated, France slid closer to stagnation and ...

Germany Stands To Be Big Winner of Much-Opposed ECB Stimulus

February 2nd, 2015 (0)
Germany, the biggest opponent of the European Central Bank’s new stimulus program, is poised to reap immediate benefits from the effort—an irony that underscores the complexities of designing one monetary policy for the 19-member currency area. The ECB’s program, ...

Without US support, multinational tax crackdowns will fail

January 29th, 2015 (0)
It’s no secret that companies including Apple, Google, Amazon, Uber, Airbnb and Ikea seem to pay less than their fair share of tax in Australia. Despite booking huge revenues from sales to Australian customers they are able to reduce ...

Gold Heads for Longest Losing Run This Year Before Fed Meeting

January 27th, 2015 (0)
Gold fell for a third day to the lowest level in a week before Federal Reserve policy makers gather and as European finance ministers agreed to work with the new Greek prime minister to keep the country in the ...

Commission To Probe All EU Advance Tax Rulings

January 19th, 2015 (0)
The European Commission has announced that its ongoing inquiry into advance tax rulings will be expanded to cover all European Union member states. The Commission said on December 17 that it will ask member states to confirm whether they ...

Euro-MPs back LuxLeaks tax probe

January 15th, 2015 (0)
European lawmakers backed an official probe into tax evasion Wednesday, a hot topic after the “Luxleaks” scandal that has embroiled EU commission head and former Luxembourg premier Jean-Claude Juncker. The Greens group said it had collected enough votes to ...

The Currency Exchange Selects Quantifi for Counterparty Credit Risk Management for Emerging Market Currencies Derivatives

January 14th, 2015 (0)
Quantifi delivers sophisticated analytics for emerging market interest rates and FX derivatives Advanced models generate fast, accurate results Quantifi, a specialist provider of analytics, trading and Risk Management solutions, today announced that The Currency Exchange (TCX) has selected Quantifi ...

New Visa Europe Interchange Programme: Opportunity for Merchants and Acquirers

January 2nd, 2015 (0)
Early 2015, Visa Europe will introduce their so-called Cross Border Domestic Interchange Programme (CBDIP). This programme will cap interchange fees for domestic transactions processed by European cross-border acquirers. This seems to be excellent news for merchants as it could ...

Update on Financial Markets and Cybercrime

December 22nd, 2014 (0)
Russian criminals hack in to bank networks to steal $18 million A group of Russian cybercriminals which specialises in gaining access to the internal payments networks of banks has stolen more than $18 million over the past six months. ...

All EU member states told to release tax ruling information

December 18th, 2014 (0)
All EU member states have now been drawn into the European Commission’s investigation into the use of tax rulings to offer preferential tax treatment to multinationals The Commission has extended the scope of its enquiry into tax rulings practice ...
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