Search Results for: Vest Financial
UK hands fraud agency all funds needed for forex probe
November 14th, 2014
Britain’s finance ministry will hand the country’s anti-fraud agency all the funds it needs to conduct a criminal investigation into alleged rigging of the $5.3 trillion-a-day currency market, a Treasury source said. Finance minister George Osborne has written to ...
FINMA recognises SFAMA code of conduct
November 14th, 2014
The Swiss Financial Market Supervisory Authority FINMA has recognised the SFAMA code of conduct as a minimum standard. The code of conduct, which will come into force on 1 January 2015, reflects the way in which the industry has ...
Hong Kong, US Sign FATCA Agreement
November 14th, 2014
On November 13, Hong Kong and the United States signed an inter-governmental agreement (IGA), the substantive terms of which were agreed in May this year, and which will facilitate compliance with the US Foreign Account Tax Compliance Act (FATCA) ...
China to Waive Capital-Gains Tax for Foreigners on Link
November 14th, 2014
China will waive capital-gains taxes for foreign stock investors using the Shanghai-Hong Kong (HSCEI) bourse link, clarifying its rules three days before the program’s debut provides unprecedented access to mainland shares. Chinese individuals who buy Hong Kong equities through the link get a ...
ASIC proposes to cut red tape and encourage more electronic disclosure
November 14th, 2014
ASIC is seeking feedback on proposals to make it easier for businesses to deliver financial services disclosures electronically while preserving choice for consumers. Our proposals also encourage the use of more innovative formats for Product Disclosure Statements. ASIC today ...
Bubble Bobble – blowing and bursting bubbles
November 14th, 2014
Those of you that grew up in the mid 80’s might remember the pre-internet/smartphone era when playing electronic games involved leaving your home and physically going to an amusement park or arcade. This usually meant having to put metal ...
New Payment Systems Regulator sets out how it will regulate the £75 trillion industry
November 14th, 2014
The new Payment Systems Regulator (PSR) today sets out how it proposes to regulate the £75 trillion payments industry when it becomes fully operational on 1 April 2015. The proposals will further the PSR’s three objectives: to promote competition, ...
Twitter Debt Rated as Junk
November 14th, 2014
Twitter Inc. ’s debt was rated as junk on Thursday by Standard & Poor’s Ratings Services, a sobering grade that comes a day after executives of the social media service tried to reassure skeptics on Wall Street of its long-term ...
China Stocks Fall on Last Day Before Link Start as Brokers Drop
November 14th, 2014
Chinese stocks fell on the last trading day before the start of the trading link between Hong Kong and Shanghai amid concern recent rallies were excessive. China Communications Construction Co. (601800) and ChinaCAMC Engineering Co. led declines for industrial companies with losses of more than 3 ...
IRS Scanning 10-Ks for Tax Data, Report Finds
November 13th, 2014
When CFOs and accounting standard-setters refer to the “users” of corporate 10-Ks, they usually mean investors, research analysts and rival companies. But new research suggests that another kind of user has been taking a keen interest in their companies’ ...
