Search Results for: SME
ASIC releases report highlighting significant failures in the retail OTC derivatives industry
June 22nd, 2016
ASIC releases report highlighting significant failures in the retail OTC derivatives industry ASIC today released a report detailing the findings of a recent surveillance program and identifying some serious and widespread compliance failures in the retail over-the-counter (OTC) derivatives ...
Deloitte invests £2.5m to launch new accounting and analytics service
June 22nd, 2016
Deloitte, the business advisory firm, has invested £2.5m to launch Propel by Deloitte (Propel), a cloud-based service that aims to help ambitious start-ups and SMEs to grow. Alongside a core accounting service, Propel provides customers with a bespoke dashboard ...
Foreign-Exchange Traders Staff Up for Brexit
June 21st, 2016
Many banks have slashed currencies-trading staff; now they are girding for an anticipated surge of activity stemming from this week’s U.K. vote Scott Schultz won’t be making any social plans for this Thursday evening. The co-head of foreign-exchange trading at ...
Brexit is getting the blame
June 17th, 2016
Brexit is not the most important problem facing markets, it is mounting problems in the European banks. But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before ...
CySec has issued a circular for CIFs regardig their remuneration obligations
June 16th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a circular wishes to remind the Cyprus Investment Firms (CIFs) about their obligations concerning remuneration policies and practices. In particular: 1. The CIFs must establish, implement and maintain remuneration policies ...
The pensions mess: can gold help?
June 14th, 2016
The British have recently seen two unpleasant examples of the cost of pension fund deficits. A deficit at British Steel, estimated to be about £485m, was followed by a deficit at British Home Stores of £571m. In both cases, ...
Spain is the first country in Europe to introduce Samsung Pay contactless payments
June 6th, 2016
Samsung Electronics today has announced the launch in Spain of Samsung Pay, a secure and simple mobile payments service that works anywhere you can pay with a contactless credit or debit card. Spain is the first country in Europe ...
European economy: 19,000 jobs created, 4000 new startups and €480 million raised by Europe’s largest innovation network
June 2nd, 2016
The European BIC Network publicly launches today (2 June) its ‘EU|BIC Impact Report 2016’ confirming another year of positive support for Europe’s businesses. This report compiled from quantitative and qualitative data demonstrates the added value EU|BICs create in the ...
France seeks €356m in unpaid tax from Booking.com
June 2nd, 2016
French authorities are seeking €356m (£276m) in unpaid taxes from Booking.com, according to documents filed by parent company Priceline. Documents filed with US regulator said French authorities recently completed an audit of Booking.com’s accounts from 2003 to 2012. The ...
European Commission proposes new e-commerce rules
May 27th, 2016
The European Commission today tabled a package of measures to allow consumers and companies to buy and sell products and services online more easily and confidently across the EU. Delivering on its Digital Single Market and Single Market strategies, ...
