Search Results for: PRA
FMQ breaks $15 trillion
January 9th, 2017
Since August 2014, bank reserves at the Fed have fallen by $646.6bn, while the sum of cash, checking accounts and deposits held by the public has risen by $1990bn. The fiat money quantityi has now breached the $15 trillion ...
UK’s first Fintech course launches at Strathclyde
January 5th, 2017
A new Masters in Financial Technology (Fintech) is to launch at the University of Strathclyde to support the digital transformation of Scotland’s financial sector. The MSc in Financial Technology will give students the financial, programming and analytical skills needed ...
New Tax rules for transparency into force as of 1 January 2017
January 5th, 2017
With an announcement published on 3 January 2017 the European Commission has welcomed the entry into force of new rules to ensure that Member States have all the information they need on tax rulings given to multinational companies in ...
Why a multinational law firm has stopped paying some of its staff?
January 5th, 2017
KWM Europe halts pay for 100 staff as it prepares for administration Today (4 January) the European partnership of King & Wood Mallesons (KWM) has stopped paying 100 staff as the firm heads towards administration. The firm confirmed its ...
Coca-Cola was sued for downplayed sugar effects
January 5th, 2017
Coca-Cola, ABA Accused of Tobacco-Like Deception in Lawsuit Federal court complaint alleges Coke downplayed sugar effects Sugary drinks ‘are scientifically linked to obesity, diabetes’ Coca-Cola was sued by activists who compare the beverage giant’s advertising tactics to the tobacco ...
The Federal Reserve Board permanently prohibited former Forex (FX) trader
January 5th, 2017
The Federal Reserve Board on Wednesday announced it is permanently prohibiting Jason Katz, a former foreign exchange (FX) trader at Barclays PLC and later at BNP Paribas SA, from participating in the banking industry, because of his actions to ...
CFTC Chairman Timothy Massad Announces Resignation as Chairman
January 4th, 2017
Chairman Timothy G. Massad today said he has tendered to President Obama his resignation as Chairman of the U.S. Commodity Futures Trading Commission, effective on January 20, 2017. Mr. Massad issued the following statement: “For the past two and ...
Female lawyers in Saudi courts: ‘We are equal to male counterparts’
December 30th, 2016
After years of being prohibited from appearing in court, female lawyers in 2013 achieved a significant victory in being able to practice law and argue their cases in Saudi courtrooms. Female lawyers have the right to advocate for issues ...
Swedish government proposes tax changes for startups
December 30th, 2016
The Swedish government says it has listened to criticism from flagship startups like Spotify and will now change the rules regarding employee share schemes for small companies in the country. Startups have long argued that they were struggling to ...
When Assets (Such as Real Estate) Become Liabilities
December 29th, 2016
It will be the middle class that accepted the notion that “real estate is the foundation of family wealth” that will be stripmined by higher taxes on immobile assets such as real estate. Correspondent Joel M. submitted an article ...
