Search Results for: europe
ESMA renews Binary Options prohibition
November 13th, 2018
The European Securities and Markets Authority (ESMA) has agreed to renew the prohibition of the marketing, distribution or sale of binary options to retail clients, in effect since 2 July, for a further three-month period. ESMA has carefully considered ...
Dollar climbs to 16-month peak; pound falls on Brexit fears
November 13th, 2018
The dollar reached a 16-month high on Monday against a basket of currencies as investors built bets on a Federal Reserve interest rate increase next month, and political risks in Europe which put pressure on the euro and the ...
Nowhere is safe: France will hunt for tax cheating on social media
November 12th, 2018
France’s tax inspectors will begin searching through social media accounts in 2019 in order to fight against tax evasion, Budget Minister Gerald Darmanin said in an interview. “(The fiscal administration) will be able to see that if you have ...
Volume of retail trade unchanged in euro area; In Ireland, Latvia and Estonia the highest increases
November 9th, 2018
In September 2018 compared with August 2018, the seasonally adjusted volume of retail trade remained unchanged in the euro area (EA19) and decreased by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European ...
BVI hires second attorney to stay off EU’s blacklist
November 8th, 2018
The Government of the British Virgin Islands (BVI) has hired another attorney from the UK to draft legislation intended to keep the territory off the European Union’s blacklist of tax haven jurisdictions. The government will not be incurring any ...
Victims of €20m French-Israeli ads scam to get some money back, not from Israel
November 7th, 2018
Seven years after French law enforcement began receiving complaints about a sophisticated advertising scam operated from France and Israel, hundreds of victims of the 20 million euro ($17.5 million) fraud are being notified by the French authorities that they ...
EU tax haven blacklist shrinks to five
November 7th, 2018
European Union finance ministers on Tuesday removed Namibia from the bloc’s blacklist of tax havens, an EU statement said. The list is now down to five non-cooperative jurisdictions: American Samoa, Guam, Samoa, Trinidad and Tobago and the US Virgin ...
Denmark pushes to widen probe into multi-billion-euro tax fraud
November 6th, 2018
Denmark is widening its investigation of a massive stock trading scam, as the state attempts to recover $2 billion of tax reclaims it was tricked into paying. The country’s tax minister has asked the financial regulator to gather information ...
British Pound rallies on hopes for a UK customs deal Brexit agreement
November 6th, 2018
The pound rallied on Monday after a report said Britain was nearing a deal for leaving the European Union and that an all-UK customs arrangement would be part of it. The currency was lifted by the Sunday Times report ...
EU needs single anti-money laundering authority, says thinktank
November 5th, 2018
The European Union should set up a single anti-money laundering (AML) authority with the power to levy big fines to tackle the stream of scandals across member states, Brussels-based thinktank Bruegal has said in a new report. The thinktank ...
