Search Results for: sec
BP Can Again Bid for U.S. Leases, Contracts After Spill
March 14th, 2014
BP Plc (BP/) won the right to again compete for U.S. contracts and for new leases in the Gulf of Mexico, where its massive 2010 oil spill prompted regulators to bar it from new government business. BP’s agreement with ...
Risks for investing in complex products
March 13th, 2014
The Cyprus Securities and Exchange Commission (‘the Commission’) wishes to inform the Cyprus Investment Firms (‘the CIFs’) about the following: 1. The European Securities Markets Authority (‘ESMA’) has issued a warning to investors in relation to risks of investing in complex ...
Lords call for delay to LLP tax reforms
March 13th, 2014
CHANGES in the taxation of limited liability partnerships should be delayed until April 2015 in order to give firms affected an opportunity to adjust, the House of Lords Economic Affairs Committee has recommended. The government’s current intention to introduce ...
FINRA Issues New Investor Alert, Bitcoin: More than a Bit Risky
March 13th, 2014
The Financial Industry Regulatory Authority (FINRA) issued a new investor alert called Bitcoin: More than a Bit Risky to caution investors that buying and using digital currency such as Bitcoin carry risks. While speculative trading in bitcoins carries significant risk, there ...
Reserve Bank raises OCR to 2.75 percent
March 13th, 2014
The Reserve Bank today increased the OCR by 25 basis points to 2.75 percent. New Zealand’s economic expansion has considerable momentum, and growth is becoming more broad-based. GDP is estimated to have grown by 3.3 percent in the year ...
Deloitte Predicts Challenges Ahead for Global Workforce
March 12th, 2014
Organizations will be facing problems finding the right employees and leadership in the years ahead, according to a new report from Deloitte. The report found that 75 percent of the organizations surveyed rate “workforce capability” (the need for skilled ...
Harris Georgiades, Minister of Finance
March 12th, 2014
Cyprus is striving to get back to business as usual after securing a financial bailout package, what are the immediate priorities of the Ministry of Finance? After the recent Eurogroup decisions on financial assistance, Cyprus aims to restore confidence ...
EBA, ESMA and EIOPA consult on supervisory practices for financial conglomerates
March 12th, 2014
The Joint Committee of the three European Supervisory Authorities (ESAs – EBA, ESMA and EIOPA) launched today a public consultation on its draft Guidelines on the convergence of practices aimed at ensuring consistency of supervisory coordination arrangements for financial ...
Obama Meeting With Yatsenyuk Raises Stakes in Ukraine
March 12th, 2014
Barack Obama’s meeting with Ukraine’s prime minister today raises the stakes in his attempt to confront Russian President Vladimir Putin’s ambitions in Crimea and preempt its spread to other countries in the region. The invitation to Prime Minister Arseniy ...
HMRC to be £2.2bn short on Swiss deal target, PAC told
March 12th, 2014
SIGNIFICANTLY LESS than the £3bn target will be generated through the tax deal targeting UK residents with accounts in Switzerland, HM Revenue & Customs directors have told the Public Accounts Committee. Tax assurance director Edward Troup and director-general Jim ...
