Search Results for: US
ASIC releases world-first licensing exemption for fintech businesses
December 16th, 2016
ASIC has today released class waivers to allow eligible financial technology (fintech) businesses to test certain specified services without holding an Australian financial services or credit licence. ASIC Commissioner John Price said, ‘ASIC’s ‘fintech licensing exemption’ is unique. No ...
The Legal Industry Is Still On Life Support
December 15th, 2016
Perhaps it’s a bit much to say a multi-billion-dollar industry handing out fat bonuses is on life support, but it’s equally important not to let appearances deceive you. The legal industry (and we’re talking specifically about law firms… not ...
BDO reports Global revenues rise to US$7.6 billion
December 15th, 2016
FY16 global revenues up by 8% High number of strategic mergers – over 30 network-wide Commitment to digital transformation delivering leading-edge services to clients Growth spearheaded by BDO firms in US (+12%) and China (+13%) Long-term investment in ...
EU shoppers still face ‘unjustified’ discrimination
December 15th, 2016
A new EU report out today finds that shoppers still face unjustified discrimination due to nationality and place of residence. The report looked at the implementation of EU consumer law and finds that business practices such as geo-blocking are ...
Crude stocks down, though inventories up again in Cushing
December 15th, 2016
U.S. crude stocks fell last week as refineries hiked output, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Wednesday. Crude inventories fell by 2.6 million barrels in the last week, compared with analyst ...
Elliott Wave Analysis: German DAX and USDCHF
December 14th, 2016
Elliott Wave Analysis: German DAX and USDCHF German DAX A sharp turn up on DAX from 10020 area was clearly an impulsive price move, based on personality and structure which confirms a completed correction from August highs. As such ...
International Law Firm making greater use of Artificial Intelligence
December 14th, 2016
Addleshaw Goddard has announced its deployment of Kira Systems’ software having integrated it into its delivery model to provide legal services more efficiently, quickly and accurately. The firm carried out an 18 month pilot of a range of artificial ...
FXCM Reports Retail customer trading volume of $353 billion in November
December 14th, 2016
FXCM Inc. (NASDAQ:FXCM) announced certain key customer trading metrics for November 2016 for its retail and institutional foreign exchange business. November 2016 Customer Trading Metrics from Continuing Operations (1) Retail Customer Trading Metrics Retail customer trading volume (2) of ...
CySec decided to wholly withdraw the license of a Cyprus Investment Firm
December 13th, 2016
The Cyprus Securities and Exchange Commission (‘CySEC’) announces that, on its meeting of 28th November 2016, has decided, pursuant to sections 25(1)(b), 25(1)(c) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in ...
There’s another sign that London’s house price boom may finally be over
December 13th, 2016
A clear trend is emerging in the London property market. Prices are finally on their way down. The latest UK House Price Index from the Office for National Statistics — released on Tuesday morning — showed that in October, ...
