Search Results for: US authorities
Lessons for the Euro from Early American History
May 30th, 2016
The euro is still a very young currency. When watching the struggles of the European Union over the the euro, it’s worth remembering that it too the US dollar a long time to become a functional currency. Jeffry Frieden ...
Regulation – the hidden curse
May 27th, 2016
Regulations are nearly always introduced with the best intentions. In financial services, they aim to stop unscrupulous brokers and banks from ripping off the public through bad practices. Manufacturers are banned from making products which are dangerous to children, ...
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, ...
FCA Research into the issue of de-risking
May 25th, 2016
The Financial Conduct Authority has issued a press release to make publish a research regarding the issue of de-risking. Below is the announcement as published from FCA: The FCA, along with fellow agencies and authorities, has a long-standing programme ...
Google’s French headquarters raided in tax probe
May 25th, 2016
French police have raided Google’s Paris offices as part of an investigation into “aggravated tax fraud” and money laundering. The raid is the latest regulatory headache for the US search engine and email company, which like other Silicon Valley ...
Lebanon declared that Tax data to be shared with foreign states in 2018
May 23rd, 2016
Automatic exchange of financial account information to be handled by specialized agency Lebanon has declared its commitment to the international standard of automatic exchange of financial account information, which aims to combat tax evasion and avoidance, according to a ...
EU Council confirms securities market rules MiFID II delay
May 20th, 2016
On 18 May 2016, the Permanent Representatives Committee (Coreper) approved, on behalf of the Council, an agreement with the European Parliament on a one-year delay to new securities market rules. The one-year postponement of the transposition and application dates will ...
Asian stocks get a lift from higher oil prices
May 20th, 2016
A bounce in oil prices supported major Asian benchmark indexes on Friday, though the prospect of higher U.S. interest rates again weighed on some markets in the region. China-related stocks were up 1.5% in Hong Kong and the Hang ...
Former KPMG partners arrested in ‘publicity stunt’, court told
May 19th, 2016
An investigation into suspected tax evasion targeted four former partners at Belfast accountancy firm KPMG in a publicity stunt, the High Court heard. HM Revenue and Customs misled judges into granting warrants to search the executives’ homes and offices ...
France to Publicize Beneficial Ownership Information
May 17th, 2016
France intends to put in place “as soon as possible” a central registry of information on the beneficial owners of companies and trusts, which will be open to the public. The pledge was made by the French Government as ...
