Search Results for: US authorities
Groups from EU member states to sue Volkswagen
September 14th, 2017
Consumer organisations from four European countries are working together to demand compensation for people whose diesel cars, made by Volkswagen Group (VW), are equipped with an emissions cheating code in the software. The groups – from EU member states ...
Town in Switzerland accepts tax payments in bitcoin
September 13th, 2017
Switzerland ramped up its bid to become a global hub for financial technology (fintech) and cryptocurrency start-ups with the decision by a town on the Italian border to accept tax payments in bitcoin. Chiasso announced that it would take ...
China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades
September 11th, 2017
China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market after the country outlawed initial coin offerings last week. The ban will only apply to trading ...
China is starting to roll back measures meant to prop up its currency
September 11th, 2017
China is starting to roll back measures meant to prop up its currency after a recent surge in the yuan erased all of last year’s losses. Starting today, the central bank has scrapped a reserve requirement rule on trades ...
China’s Central Bank Is Banning Initial Coin Offerings
September 5th, 2017
Initial coin offerings, or ICOs, are the hot fundraising tactic of the year, giving startups—usually cryptocurrency-related ones—the chance to get funded in exchange for virtual coins rather than company shares. But China isn’t hopping on board. On Monday, the ...
Who is new Uber CEO Dara Khosrowshahi?
August 28th, 2017
Uber’s search for a replacement for its former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the job, multiple sources close to the company confirmed to ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
Dentons Boekel launches Tax practice with recruitment of a team from Baker McKenzie
August 23rd, 2017
Dentons Boekel announced today the launch of its Tax practice in the Netherlands with the recruitment of four partners. Jurjen Bevers, Paul Halprin, Heico Reinoud and Marnix Veldhuijzen have joined the Amsterdam office from Baker McKenzie. Wendela Raas, Netherlands ...
ESMA updates on transaction reporting, order record keeping and clock synchronisation
August 9th, 2017
The European Securities and Markets Authority (ESMA) has issued an update of its Guidelines on transaction reporting, order record keeping and clock synchronisation under the Markets in Financial Instruments Directive (MiFID II). The updates corrects some unintended factual mistakes, ...
European Banking Authority consults on fraud reporting requirements
August 8th, 2017
The European Banking Authority (EBA) launched a public consultation on its draft Guidelines on reporting requirements on statistical data on fraud under the revised Payment Services Directive (PSD2). The Guidelines, which are addressed to payment service providers and competent ...
