CySec has imposed fines in a collective sum of €405,000 on a number of directors and relevant persons of CommexFX
June 8th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued today a press release to inform about its decision to impose a series of financial penalties on a number of directors and relevant persons of CommexFX Ltd (www.commexfx.com). According the ...
Australian banks to deliver enhanced cross-border payments experience to their customers
June 7th, 2017
SWIFT announces today that the 4 major Australian banks, Australia and New Zealand Banking Group, Commonwealth Bank, National Australia Bank and Westpac are part of over 70 banks around the globe which are now live or planning to implement ...
Junior Internal Auditor
May 22nd, 2017
Responsibilities & Duties The Internal Auditor will work on a wide variety of tasks and projects: Assist the Senior Internal Auditor to conduct independent reviews, assessments and audits on all the facets of the company’s operations; The scope of ...
Smirnoff owner Diageo to pay HMRC £107m in ‘Google tax’ crackdown
May 12th, 2017
Drinks company will challenge HMRC claim for tax and interest over ‘diverted profits’ Diageo, the drinks company behind Johnnie Walker, Smirnoff and Guinness, is to pay HMRC £107m under the “Google tax” crackdown aimed at multinationals. The FTSE 100 ...
Elliott Wave Analysis: USDCAD Showing First Signs of A Top; A Reversal May Already Be Here
May 9th, 2017
Elliott Wave Analysis: USDCAD Showing First Signs of A Top; A Reversal May Already Be Here USDCAD made a sharp and swift move to the downside at the end of last week, which was expected as we were tracking ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
Company and its owner charged with defrauding investors for at least $13 million
May 4th, 2017
CFTC Charges Arizona Resident Cory Williams and His Company, Williams Advisory Group, LLC, with Fraudulently Soliciting and Receiving at Least $13 Million in Commodity Pool Scheme The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a ...
Japan banks to test blockchain-based money transfers
April 28th, 2017
A consortium of Japanese banks will experiment with fund transfers using virtual currencies, with an eye toward developing a more convenient, lower-cost alternative to wiring money. SBI Holdings and SBI Ripple Asia lead the payments consortium, which had 56 ...
Plus500 reached a settlement of EUR 550.000 with FSMA Belgium
April 25th, 2017
Plus500, an online trading platform for retail customers to trade CFDs, has issued a press release to announce that it has reached a settlement agreement with the Belgium Financial Services and Markets Authority (“FSMA”) for the amount of EUR 550.000. ...
Australia’s Law to End Double Taxation of Bitcoin Stalled
April 8th, 2017
Last year, Australian Treasurer Scott Morrison promised to swiftly act on changing the goods and services tax (GST) law, in order to end the double taxation of bitcoin and other digital currencies. However, over fourteen months have passed without ...
