Search Results for: compliance
ANZ, Westpac admit breaches in forex trading
March 16th, 2017
ANZ and Westpac have followed rivals and yielded to the corporate regulator’s investigation into banks’ foreign exchange businesses, agreeing to oversight and changes after traders shared confidential client information and traded to benefit themselves. A week after the banks’ ...
ACCA’s help on find the right Accountant
March 16th, 2017
Online ‘Find an Accountant’ resource helps locate the right professional with the right skills April 2017 sees the introduction of new business and tax regulations in the UK – some more complicated than others – such as contractor rules ...
Oil prices extend gains after drop in U.S. stockpiles
March 16th, 2017
Crude oil prices rose on Thursday to extend gains from the previous session after official government data showed U.S. stockpiles had eased from record highs. Prices surged on Wednesday after a slew of market reports and official data offered ...
CySec decided to wholly withdraw the license of a Cyprus Investment Firm
March 15th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public that the Commission decided to wholly withdraw the CIF authorization with number CIF 085/07 of Atlas Capital Financial Services Ltd. CySec has suspended ...
Euronet Worldwide Proposes to Acquire MoneyGram for $15.20 Per Share
March 15th, 2017
Offer Represents an Approximately 15% Premium Over MoneyGram’s Existing Agreement with Ant Financial and a Premium Of Approximately 28% to the Company’s Closing Price on the Day Prior to the Ant Financial Transaction Announcement Clearly Superior Offer Provides Significant ...
Oil prices jump after data shows surprise U.S. stock draw
March 15th, 2017
Oil prices rebounded from three-month lows on Wednesday after industry data showed a surprise drawdown in U.S. crude stockpiles and as Goldman Sachs put a positive spin on OPEC‘s compliance with output cuts. U.S. West Texas Intermediate crude CLc1 ...
Bank of England responds following Deputy Governon resignation
March 14th, 2017
Following the voluntarily resignation of the Deputy Governor Markets & Banking and Chief Operating Officer Charlotte Hogg, yesterday, due to conflict of interest and the acceptance of her resignation, the Bank of England has just published an announcement. According the ...
Tax Coalition formed to help developed effective tax policies for the virtual currency markets
March 10th, 2017
The Chamber of Digital Commerce and Steptoe & Johnson LLP today announce the formation of the Digital Assets Tax Policy Coalition, a Washington, DC-based coalition created to help develop effective and efficient tax policies for the growing virtual currency ...
PwC launches Hong Kong legal practice
March 10th, 2017
The Big Four accountancy firm has entered the legal fray making hires from King & Wood Mallesons and O’Melveny & Myers. The move has resulted in the establishment of a new independent Hong Kong firm, Tiang & Co, led ...
ASIC and ASBFEO join forces to ensure bank lenders meet unfair contract laws
March 9th, 2017
Australian lenders including the country’s big four banks have substantial work to do to eliminate unfair terms from their loan agreements, a joint review of small business standard form contracts undertaken by ASIC and the Australian Small Business and ...
