Search Results for: capital gains
FSMA Belgium reports unauthorised Forex and Binary Options providers
March 24th, 2017
The Financial Services and Markets Authority (FSMA), a financial regulator of Belgium, has issued an announcement to warn investors and public against the activities of various providers of/intermediaries in binary options and Forex products, “recovery rooms” and “boiler rooms”, ...
The Russian “Laundromat” exposed; how the complex money laundering scheme worked
March 23rd, 2017
Three years after the “Laundromat” was exposed as a criminal financial vehicle to move vast sums of money out of Russia, journalists now know how the complex scheme worked – including who ended up with the $20.8 billion and ...
ASIC accepts enforceable undertaking from Barclays entities
March 23rd, 2017
Yesterday, ASIC accepted an enforceable undertaking (EU) from three Barclays foreign financial service providers (FFSPs): Barclays Capital Inc. (BCI) domiciled in the United States of America Barclays Capital Asia Limited (BCAL) domiciled in Hong Kong, and Barclays Capital Securities Limited ...
Can state spending ever be cut?
March 22nd, 2017
President Trump was elected on several promises, including one that he would fund tax cuts by cutting public spending. Cynics might note that his first action was to increase spending on the military by $54bn, the equivalent of six ...
Bats Europe launches two new Indices designed to measure impact of Brexit on UK companies
March 22nd, 2017
Bats Partners with FactSet to Provide Brexit 50/50 Indices Ahead of Triggering of Article 50 Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today announced it has launched the Bats Brexit 50/50 Indices, ...
UBS to face trial in France over tax fraud charges
March 21st, 2017
Swiss banking giant UBS will go on trial in France for establishing a wide-ranging tax fraud scheme worth billions of euros, according to legal sources. UBS will be charged with illegal banking practices and dissimulating tax fraud, the sources ...
The FinTech in Mena region
March 17th, 2017
Fintech (financial technology) is gaining traction globally and has already arrived in the Middle East and North Africa (Mena). Financial technology describes tech-enabled products and services that improve traditional financial services. They are faster, cheaper, more convenient or more ...
Why the US Dollar Fell
March 16th, 2017
The US Dollar exchange rate complex came under pressure following the US Federal Reserve’sdecision to raise interest rates 0.25% ensuring their upper band on interest rates sits at 1.0%. However, this was expected and cannot be said to be ...
The biggest fashion group in the world announced net sales rose 12% to €23.3bn in FY16
March 15th, 2017
Same-store sales growth was 10%. The Group generated over 9,596 new jobs, one in four of which were in Spain. At year-end, its headcount stood at 162,450. In April, 84,000 Inditex employees will receive their second payment under the ...
Crypto Market Is On Fire Right Now – Market Cap Nears $25 Bln
March 14th, 2017
While people have been observing coins like Ethereum and Dash reach all-time highs, the crypto ecosystem as a whole seems to be taking off. The market capitalization of all cryptocurrencies in circulation has neared $25 bln. Bitcoin – the ...
