Search Results for: europe
Update on Financial Markets and Cybercrime
December 22nd, 2014
Russian criminals hack in to bank networks to steal $18 million A group of Russian cybercriminals which specialises in gaining access to the internal payments networks of banks has stolen more than $18 million over the past six months. ...
Princess Cristina of Spain to face a tax fraud trial
December 22nd, 2014
The Spanish king’s sister, Princess Cristina, is to face a tax fraud trial over alleged links to her husband’s business dealings. It is the first time for modern Spain to put a royal in the dock to face trial. Her husband ...
Lithuania Readies Itself For The Euro As Russia Growls Across The Border
December 22nd, 2014
Geopolitics plague Lithuanians at this frozen Russian border post, where a return trip by car can mean 48 hours of queuing. It is a reminder for some of why the former Soviet republic will cement its move to the ...
ESMA provides implementing rules for MiFID II
December 22nd, 2014
The European Securities and Markets Authority (ESMA) has published on December 19 its final technical advice (TA) and launches a consultation on its draft regulatory technical and implementing standards (RTS/ ITS) regarding the implementation of the Markets in Financial ...
Dollar Matches Two-Year High Against Euro as Rupiah Strengthens
December 22nd, 2014
The dollar rose to match a two-year high versus the euro amid speculation the Federal Reserve will increase interest rates as early as April while other major central banks maintain monetary easing. A gauge of the U.S. currency was ...
IMF holds back Cyprus bailout funds
December 19th, 2014
International Monetary Fund says expected tranche of €88m will not be paid after parliament suspended new foreclosure law The International Monetary Fund has said it will not release a further €88m (£69m/US$108m) in bailout money for Cyprus on Friday ...
Luxembourg Agrees to Share Details of Corporate Tax Deals
December 19th, 2014
Luxembourg agreed Thursday to share with the European Commission information on tax deals secured by multinational companies with operations in the small nation. Xavier Bettel, Luxembourg’s prime minister, said the decision came after the European Union’s executive also asked ...
The Russian Riddle: An Alternative View on the Collapse of the Rouble
December 18th, 2014
Winston Churchill is famously quoted as saying that: “Russia is a riddle wrapped in a mystery inside an enigma.” The past twelve months have surely proved how right he was. The past couple of weeks have certainly not been ...
All EU member states told to release tax ruling information
December 18th, 2014
All EU member states have now been drawn into the European Commission’s investigation into the use of tax rulings to offer preferential tax treatment to multinationals The Commission has extended the scope of its enquiry into tax rulings practice ...
Union Investment adds OtasTechnologies to its trading processes
December 18th, 2014
Union Investment, one of Europe’s leading asset managers, has successfully added the OTAS platform to its portfolio management process. OTAS Technologies is a decision support partner to the world’s largest global institutions. OTAS delivers intelligent decision support through a ...
