Search Results for: US authorities
HM Revenue & Customs continues quest to develop digital presence by ditching IT contract that cost it £10bn
March 31st, 2016
The UK’s tax authority made another move in its mission to go fully digital today by dropping an IT contract worth £10bn. HM Revenue and Customs (HMRC) has agreed a phased exit from a contract with IT suppliers Aspire ...
Italy’s antitrust watchdog investigates six consultancy firms
March 23rd, 2016
Italy’s competition authority is investigating six consultancy firms over allegedly coordinating their offers in a public tender for services to the national public administration, the watchdog said in a statement on Wednesday. Rome and Milan offices of Deloitte & ...
Apple starts busy week with new iPhone launch
March 21st, 2016
Apple is kicking off a busy week: Today the giant tech company will host reporters and analysts at its Silicon Valley headquarters for a product launch event. On Tuesday, its lawyers will square off with authorities in federal court ...
Toshiba confirms SEC investigation as accounting woes spread to US
March 18th, 2016
Securities commission and justice department examining ‘accounting problem’ at US units, says Japanese corporation, amid profit-padding crisis Toshiba has announced its US businesses are cooperating with authorities over alleged accounting irregularities and is to cut a further 3,000 jobs. The ...
CFTC Approves Substituted Compliance Framework in Follow-up to the Recent Equivalence Agreement between the US and the EU
March 18th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today unanimously approved a substituted compliance framework for dually-registered central counterparties (CCPs) located in the European Union (EU), together with a comparability determination with respect to certain EU rules. Today’s action follows ...
Is This The End? Draghi Fires His Bazooka And Markets Turn Away In Disgust
March 11th, 2016
ECB chair Mario Draghi delivered big-time this morning by announcing lower interest rates and a new round of debt monetization. Historically, this kind of thing has sent the financial markets into Pavlovian ecstasy, with stocks soaring and the local ...
Cyprus to Exit From Bailout Program
March 8th, 2016
Country follows Ireland, Spain and Portugal, despite not completing a final task Cyprus will successfully exit from its bailout program this month despite not completing one final task required by its creditors, eurozone finance ministers said Monday. The island-state’s exit ...
Restoring trust in transatlantic data flows through strong safeguards: European Commission presents EU-U.S. Privacy Shield
March 1st, 2016
The European Commission today issued the legal texts that will put in place the EU-U.S. The European Commission today issued the legal texts that will put in place the EU-U.S. Privacy Shield and a Communication summarising the actions taken over the ...
Tullett Prebon: Update on the proposed acquisition of ICAP’s global hybrid voice broking and information business
March 1st, 2016
Further to the announcement released on 11 November 2015 (the “Announcement”) regarding the proposed acquisition by Tullett Prebon plc (“Tullett Prebon”) of the global hybrid voice broking and information business of ICAP plc (“ICAP”) including ICAP’s associated technology and ...
Russia ranks 5th for number of cryptocurrency users
February 29th, 2016
The four countries ahead of Russia are the United States, where 1.2 mln people uses Bitcoin, followed by China — 355,000 people, the third place is occupied by Germany — 250,000 users Russia ranked 5th in the world for ...
