Search Results for: Sage
Credit Suisse Pulled Into Geneva Fight Over Lost Client Cash
March 2nd, 2016
Russians name bank as a potential target, according to lawyer Ex-manager accused in Geneva of defrauding banks’ clients Credit Suisse Group AG has been dragged into a second criminal complaint brought by two Russian clients who claim that a ...
Saudi Oil Minister Surprises OPEC with Tough Line on Prices
February 25th, 2016
Prepared for $20 a barrel to force production cuts outside the Middle East, Says al Naimi Saudi Arabian Oil Minister Ali al-Naimi surprised fellow members of the Organization of the Petroleum Exporting Countries on Tuesday when he said the ...
Japan eyes treating bitcoins the same as real money
February 24th, 2016
Japanese financial regulators have proposed handling virtual currencies as methods of payment equivalent to conventional currencies, a step that would strengthen consumer protection and spur growth in the virtual economy. The Financial Services Agency’s legislative revisions would recognize bitcoins ...
Fighting tax evasion: The European Union and the Principality of Monaco initial new tax transparency agreement
February 24th, 2016
The EU and Monaco have today initialled a new tax transparency agreement marking another major step forward in the fight against tax evasion. The agreement provides that Monaco and EU Member States will automatically exchange information on the financial accounts of ...
Visa Checkout Launching Across Europe and India
February 23rd, 2016
Merchants and Consumers in Six New Markets Can Take Advantage of Safe Easy Online Payments in Just a Few Clicks Visa Inc. (NYSE:V), announced that its leading online payment service, Visa Checkout, will be available to merchants and consumers ...
Ireland, Italy Join EU Cross Border VAT Rulings Pilot
February 23rd, 2016
18 European Union member states are now participating in the VAT Cross Border Ruling project, with Ireland and Italy newly joining the pilot initiative. The pilot project has been set up to allow taxable persons to obtain advance rulings ...
MasterCard contactless transactions in Europe Surpass 1 Billion; Impressive 150% year on year growth
February 19th, 2016
Impressive 150% year on year growth for MasterCard and Maestro contactless transactions, as merchants and issuers capitalize on opportunities Europeans continue to opt for contactless technology when making payments, with the total number of MasterCard and Maestro processed transactions ...
Asian shares consolidate, oil swings higher
February 17th, 2016
Asian shares were taking a breather on Wednesday after two sessions of solid gains, while oil prices swung higher as the market reconsidered the chances of a meaningful deal to restrict supply later in the year. The mood was ...
Last Wave on Libor: CFTC Likely to Charge Multiple Banks for Rate Rigging
February 16th, 2016
Citigroup, HSBC are among firms targeted by regulators, according to people close to the probe American banks have so far escaped the billions of dollars in fines that have been levied by U.S. and British regulators leading a global ...
Here’s what the future of bitcoin looks like — and it’s bright
February 15th, 2016
Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this ...
