Search Results for: VAT
ASIC: suspension of licence
March 18th, 2014
ASIC, the Australian Securities and Investment Commissions, has cancelled the Australian financial services (AFS) licence of AIE Fiduciary Services Pty Ltd (AIE) following an application by AIE. The application was made after ASIC raised a number of concerns about ...
‘Small’ Companies May Be Free of XBRL
March 18th, 2014
A bill with broad bipartisan support would apply to public companies with less than $250 million in revenue. It’s only an early step in the legislative process, but it’s looking good that “small” public companies won’t have to file ...
Russia’s Rosneft to acquire stake in Italy’s Pirelli
March 17th, 2014
Russia’s top oil producer Rosneft (ROSN.MM) is set to acquire an indirect stake in Pirelli (PECI.MI) after reaching an outline deal with a group of shareholders in the Italian tyre maker valuing its shares at 12 euros each. Rosneft ...
GECAS may spend $4 billion on ship, chopper investments: CEO
March 17th, 2014
GECAS, the world’s largest aviation leasing firm, is looking at investing at least $4 billion in ship financing and helicopter leasing to diversify its portfolio – a potential move that reflects concerns over the value of some current jets. ...
East-West standoff complicates any IMF deal for Ukraine
March 17th, 2014
Ukrainian bond prices are holding up better than expected in the stand-off with Russia because investors think the International Monetary Fund might not impose tough conditions in an expected aid programme due to Kiev’s political importance to the West. ...
FCA warning for clone firm
March 17th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that “Berenberg Private Banking” is a clone firm of the FCA authorised firm “Joh. Berenberg, Gossler & Co. KG” and therefore it is not ...
Europe Stocks Rise as Crimea Vote Boosts Russia’s Micex
March 17th, 2014
European stocks rebounded from a five-week low while the yen and Swiss franc weakened and Treasuries declined after Crimea’s vote to leave Ukraine. Russian shares rallied after four days of declines while Ukraine’s hryvnia retreated. The Stoxx Europe 600 ...
Motorola Sues 12 Defendants In Kong Kong For $5.26B, Including A Fugitive Turkish Family Charged With Embezzlement Of Funds
March 17th, 2014
Motorola (NYSE:MSI) has sued 12 defendants in a Hong Kong court, including a fugitive Turkish family, three Hong Kong-based companies and a British national, seeking $5.26 billion in damages for embezzlement of funds in a case that can be ...
6 Big Things You Need to Know About Bitcoin This Week
March 17th, 2014
Mt. Gox is history. Flexcoin flatlined, too. Hackers are stealing Bitcoin like crazy. Yup, Bitcoin is looking shadier by the minute. So much so that a Silicon Valley startup wants to bury it underground Fort Knox-style. The controversial cryptocurrency ...
George Ioulianos, General Manager of Cyprus Fiduciary Association
March 14th, 2014
1. What is the Cyprus Fiduciary Association and what has it achieved so far? The Cyprus Fiduciary Association was founded in November 2011 by the initiative of a number of fiduciary providers whose aim was to further develop and ...
