Daily Archives: 20/09/2016
Fun with Fake Statistics: The 5% “Increase” in Median Household Income Is Pure Illusion
September 20th, 2016
The truth is the rich are getting richer and everyone else is losing ground as inflation chews through stagnant incomes. Supporters of the status quo nearly wet their pants with joy when the Census Bureau reported that real (adjusted ...
Moore Stephens reports 14% growth
September 20th, 2016
Moore Stephens, the top ten accountancy firm, has announced revenues of £105.5m, representing 14% growth on the previous combined year’s figures and over £13m of new business. The firm, which is the largest member of the Moore Stephens UK network, merged ...
The European Court of Justice decides to say “no” to Cypriot claims of bail in
September 20th, 2016
The European Court of Justice has issued a press release to make public its decision that confirms the dismissal of the actions for annulment and dismisses on the merits the actions for compensation concerning the restructuring of the Cypriot banking sector. ...
The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
September 20th, 2016
The pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China. Since the last financial crisis, there has been a credit boom in China that is really unprecedented in world ...
The Tokyo Commodity Exchange announced the launch of a new trading and clearing system
September 20th, 2016
The Tokyo Commodity Exchange, Inc. (TOCOM) announced today the launch of a new trading and clearing system residing on J-GATE and the JPX Clearing System, both of which are operated by the Japan Exchange Group (JPX). The new system ...
KPMG informs regarding distribution of client money of Alpari (Uk) Limited
September 20th, 2016
KPMG has issues an announcement to inform regarding the application to court for directions prescribing a client money distribution proceedings for Alpari (UK) Limited in Special Administration. Below is the announcement as it was published: On 27 July 2016, the ...
BCSC warns regarding Binary Uno
September 20th, 2016
The British Columbia Securities Commission (BCSC) has issued a warning to inform regarding binary options trading platform Binary Uno, operated by DOM Technology Services Ltd (the Parties) and claims to be based in London, England. BCSC became aware that a British Columbia (BC) resident was ...
IFSC confirms that TradeFxP is not licenced by any autority in Belize
September 20th, 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 ‘TradeFxP’, is falsely and fraudulently claiming ...
SWIFT announces new security tool to strengthen customer fraud controls
September 20th, 2016
Anti-fraud reports introduced under SWIFT’s Customer Security Programme Supports banks by helping detect unusual payment flows quickly and easily Improves possibility of cancelling fraudulent transfers SWIFT announces the introduction of Daily Validation Reports, a new tool designed to supplement ...
PwC launches ‘Game of Threats’ in the UK
September 20th, 2016
With nearly three quarters of UK CEOs regarding cyber security as one of the top three risks to their organisations, along with over-regulation and geopolitical uncertainty1, it’s clear that increasing cyber threats and the number of recent public breaches ...
