Search Results for: VISA
Tougher rules on money laundering to fight tax evasion and terrorist financing
May 25th, 2015
The ultimate owners of companies will have to be listed in central registers in EU countries, open both to the authorities and to people with a “legitimate interest”, such as investigative journalists, under new rules already agreed with the ...
Bitcoin: A Remarkable Innovation and Its Limitations
May 20th, 2015
My own sense is that popular interest in Bitcoin peaked about 12-18 months ago. Perhaps that interest will return. But for now, my sense is that Bitcoin represents a remarkable–indeed, a breakthrough–innovation which nonetheless is beginning to show its limitations. Rainer ...
CySec imposes administrative fine of €8.000 to a CIF
May 20th, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €8.000 to Reliantco Investments Ltd for the infringement of the Law which provides for the provision of Investment services, the exercise ...
Iran’s markets opening up for Australia
May 14th, 2015
Bishop’s Tehran visit a sign of things to come Julie Bishop’s recent visit to Iran – the first by an Australian foreign minister in over a decade – marks an important step in the development of relations between the ...
Putin’s Next Takeover Target Is Oil Giant’s $34 Billion Cash Pile
May 12th, 2015
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized his Yukos Oil Co. Last year, they forced billionaire Vladimir ...
BitGold platform enables people to use Gold as a store of value and medium of payments
May 6th, 2015
BitGold Inc. has issued a press release to announce the public launch of the BitGold platform. BitGold is inviting people everywhere to open free accounts, build savings, and make payments with securely vaulted gold – fully insured with no ...
Bank of Russia Opposes Forex Restrictions
April 28th, 2015
The Bank of Russia said late Monday that it opposes any restrictions on using foreign currencies in Russia, addressing earlier calls from the country’s security council. The inter-agencies commission of the Security Council of Russia had told the central ...
Deutsche Bank announces next phase of strategy
April 27th, 2015
Reaffirming commitment to being a leading global bank based in Germany Key decisions Deleveraging CB&S to build a more focused investment bank, with planned gross leverage reduction of approximately EUR 200 billion and redeployment of EUR 50-70 billion in ...
China to open bank card clearing market to foreign firms from June
April 22nd, 2015
China has announced it will open up its market for clearing domestic bank card transactions, a move that should allow foreign players such as Visa Inc (V.N) and MasterCard Inc (MA.N) direct access to a market valued at $6.84 ...
Deal appears distant amid deadlock in reform talks
April 17th, 2015
With negotiations between Greece and its creditors effectively deadlocked, a potential deal that could unlock crucially needed funding appeared more distant than ever on Thursday with doubts appearing about whether an agreement can be reached in time for a ...
