Search Results for: VAT
Euronext expands global reach to Israel
September 1st, 2015
Regulatory approval given to onboard qualified Israeli firms directly for cash and derivatives Euronext, the leading exchange in the Eurozone, today announced that it has received approval from the Israeli Securities Authority (ISA) to allow Israeli based qualified trading ...
China’s market-oriented reforms help promote global growth: Chinese official
September 1st, 2015
China’s recent market-oriented economic reforms, including devaluing its currency and cutting interest rates, help to keep the domestic economy growing and by extension, the global economy, a top Chinese envoy said. Wang Liang, the charge d’affaires at the Chinese ...
Global 100 firms expand in Europe as Hill Dickinson hires a captain
September 1st, 2015
Last week saw Global 100 firms building their presence in Europe, with White & Case bolstering its private equity (PE) practice and Cleary Gottlieb Steen & Hamilton expanding its competition offering in Brussels. Meanwhile Hill Dickinson hired two partners for its ...
China c.bank to clamp down on forwards trading to curb yuan depreciation
September 1st, 2015
Banks must hold 20 pct reserve vs nominal FX forwards value Reserves to be denominated in U.S. dollars, no interest paid Move seen as increasing risk control, discouraging speculation Yuan lost 2.6 pct in August, worst monthly performance on ...
Statement by Glenn Stevens, Governor of RBA: Monetary Policy Decision
September 1st, 2015
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, ...
U.S. Currency Probe Expands to Russia, Brazil Trades
September 1st, 2015
U.S. prosecutors have expanded their probe of currency-market manipulation by some of the world’s largest banks to include the Russian ruble and Brazilian real, according to two people familiar with the matter. The Justice Department is using cooperation agreements ...
KPMG Forms Exclusive Alliance with Fintech Platform Matchi
August 31st, 2015
KPMG has issued a press release to inform that it has become the exclusive advisory alliance partner with Matchi.biz, the innovative fintech matchmaking platform that connects banks and insurance companies with financial services technology start-ups and innovations sourced from ...
An unexpected victim of Greek crisis
August 31st, 2015
Dutch drama over Greek crisis The Greek crisis may have claimed an unexpected new victim: Dutch Prime Minister Mark Rutte. In a five hour debate last week on the Dutch support for the latest bailout for Greece, the leader ...
Barclays set to become first UK high street bank to accept bitcoin
August 31st, 2015
Company set to partner with a ‘bitcoin exchange’ or spending platform Has two bitcoin ‘labs’ in London and has been collaborating with start-ups Bought with real money and traded online, a bitcoin is worth around $230 It can be ...
U.K. Looks to Relax Money Laundering Rules to Help Businesses
August 31st, 2015
The U.K. government said it will look to relax anti-money laundering controls as part of a plan to save British companies 10 billion pounds ($15.4 billion) over the next five years. Britain will look at ways to make the ...
