Search Results for: VAT
EU Auditors Call For Renewed Efforts On VAT Fraud
March 7th, 2016
The current European Union system for fighting cross-border value-added tax fraud is not effective enough, according to a new report by the European Court of Auditors. The auditors said that while the EU has a range of tools at ...
Innovations in Malaysia’s legal scene
March 7th, 2016
With most everyone plugged into the Internet these days, it was only a matter of time before the legal profession climbed aboard the technological train to promote their services with the ease of a click or swipe of a ...
Pepperstone announces securing investment from Private Equity
March 4th, 2016
Pepperstone announced that CHAMP Private Equity, one of Australia’s leading private equity firms, has made a major strategic investment in the Melbourne based global forex and CFD broker. Pepperstone was founded in 2010 by Owen Kerr and Joe Davenport and ...
Financial stability: New EU rules on central clearing for certain credit derivative contracts
March 2nd, 2016
Today’s decision implements the clearing obligation under the European Market Infrastructure Regulation (‘EMIR’). It refers to some types of credit default swaps. The European Commission has adopted a new set of rules that requires certain over-the-counter (OTC) credit derivative ...
Japan Exchange Group selects Cinnober’s real-time clearing for listed derivatives
February 29th, 2016
Cinnober announces that it was selected by the Japan Exchange Group (JPX) to deliver a real-time clearing solution for its listed derivatives market, which is operated by the Osaka Exchange (OSE), and cleared by the Japan Securities Clearing Corporation (JSCC). The new implementation ...
CUP and Visa Sign MOU to Collaborate on Payments Security, Innovation and Financial Inclusion
February 26th, 2016
China UnionPay (CUP) and Visa Inc. today signed a Memorandum of Understanding (MOU) in Shanghai with both parties agreeing to collaborate on payments security, innovation and financial inclusion. The MOU was signed between Shi Wenchao, President of CUP, and Charlie Scharf, Chief Executive Officer of Visa ...
Euromoney:Private Banking and Wealth Management Survey 2016
February 25th, 2016
UBS Wealth Management voted best global private bank; revenue outlook dimmer this year; asset management competition heats up. In Euromoney’s 13th annual private banking survey for 2016, UBS Wealth Management has made its way back to the top of ...
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 ...
Suspended jail sentence for London solicitor over VAT fraud
February 18th, 2016
A London solicitor has been given a suspended jail sentence for a £96,000 VAT fraud which was uncovered by an HMRC taskforce set up to identify those attempting to avoid paying tax on property investment income Caroline Joseph, from ...
Singapore Exchange added a new Trading Member in SGX’s derivatives market
February 18th, 2016
Singapore Exchange (SGX) today welcomed Hong Kong-based Wing Fung Futures Limited (Wing Fung Futures) to its derivatives market. Michael Syn, Head of Derivatives at SGX said, “We are delighted to welcome Wing Fung Futures to our growing community of ...
