Daily Archives: 01/07/2016
UK landlords have increased rents by 3.5 percent
July 1st, 2016
UK landlords have increased rents by 3.5 percent in the last year, as tax hikes begin to bite, lender Kent Reliance has said. According to a new Kent Reliance survey, the average monthly rent is now GBP872 (USD1,245). Four ...
IFSC Belize issued a warning notice regarding YieldOptions
July 1st, 2016
The International Financial Services Commission of Belize (IFSC Belize) has issued a warning to inform that: It has come to the notice of the International Financial Services Commission of Belize (IFSC Belize) that an entity calling itself ‘YieldOptions’, owned ...
Devereux Chambers to lead crowdfunded Brexit legal challenge
July 1st, 2016
Barrister Jolyon Maugham QC is teaming up with human rights firm Bindmands to take on the EU referendum result. A crowdfunding campaign launched by Mr Maugham has successfully raised £10,000 to underwrite a public law case against the result ...
Goodbye to all VAT? EU indirect tax after Brexit
July 1st, 2016
Nicholas Hallam, CEO at Accordance, examines what could happen to EU VAT after the UK’s vote to leave the union. A year ago, asking EU VAT commissioner Donato Raponi what Brexit would mean for EU VAT provoked derisory hilarity ...
Bats Global Markets Successfully Completes Debt Refinancing Transaction
July 1st, 2016
Bats Global Markets, Inc. (Bats: BATS), a leading global operator of exchanges and services for financial markets, today announced the refinancing of the company’s outstanding $656 million of term loans and $100 million revolving credit facility (collectively, the “Existing ...
Elliott Wave Analysis On Crude OIL And AUDUSD
July 1st, 2016
Crude OIL OIL is in the corrective mode but near completion, as it seems. This corrective pattern, named a double zig-zag could complete around 47.50-70 area. We can count 5 waves from the lows at 45.83 and as we ...
US energy secretary sees oil market coming into balance
July 1st, 2016
The U.S. energy secretary said Friday he sees the global oil market coming into balance over the next year as rising demand catches up with a two-year-old supply glut that depressed prices. Ernest Moniz said supplies should be adequate ...
XTrade to change client money practices following ASIC surveillance
July 1st, 2016
As a result of ASIC’s intervention, licensed retail OTC derivatives issuer XTrade.au Pty Ltd (AFSL No. 343628) (XTrade), formerly O.C.M. Online Capital Markets Pty Ltd, will implement changes to the way it handles client money. ASIC’s surveillance raised concerns ...
Swift: 73 banks worldwide joined the global payments innovation initiative
July 1st, 2016
More than 70 banks worldwide collaborate to dramatically improve the cross-border payments experience with greater speed, transparency and end-to-end tracking SWIFT announces today that 73 banks worldwide have now joined its global payments innovation initiative, designed to improve the cross-border ...
Former PwC employees found guilty in Luxleaks trial
July 1st, 2016
Two former PwC employees at the centre of the so called ‘Luxleaks’ tax scandal have been found guilty and handed suspended sentences. Antoine Deltour, a former auditor for the Big Four firm and ex-employee Raphael Halet received 12 and ...
