Daily Archives: 13/10/2016
Elliott Wave Analysis On 10Year US Notes And Crude OIL
October 13th, 2016
Elliott Wave Analysis On 10Year US Notes And Crude OIL 10 Year US Notes 10 year US notes fell to a new low after completing a three wave rally at 132.51 level. Notice that low was hit at 130.20 ...
Four trading venues establish Electronic Debt Markets Association
October 13th, 2016
EDMA Europe was created to represent the interests of companies whose primary business is the operation of regulated electronic fixed income trading venues in Europe. EDMA Europe will act as a source of consultation between its members in order ...
FCA cancels payday lender’s interim permission, bans director and refuses application to conduct regulated business
October 13th, 2016
The Financial Conduct Authority (FCA) has banned Andrew Barry Hart, the sole director, controller and ultimate owner of Wage Payment and Payday Loans Limited (WPPL), from performing any role in regulated financial services. The FCA has also cancelled WPPL’s ...
Lloyds Banking Group to introduce new state of the art fraud prevention technology
October 13th, 2016
Lloyds Banking Group is set to become the first organisation in Europe to introduce new state of the art fraud prevention technology, helping protect its 30 million customers from telephone fraudsters.The patented Phoneprinting™ technology, developed by call centre fraud ...
SFC commences cybersecurity review on brokers’ internet and mobile trading systems
October 13th, 2016
The Securities and Futures Commission (SFC) has launched a review to assess the cybersecurity preparedness, compliance and resilience of brokers’ internet and mobile trading systems (Note 1). The review followed a number of reports from securities brokers that the ...
Facebook faces $5bn tax charge over Ireland asset transfer
October 13th, 2016
Social media giant Facebook could have to pay up to $5bn in additional taxes as a result of an Internal Revenue Service (IRS) investigation challenging the way in which it accounted for the transfer of assets to its Irish ...
ICICI Bank executes India’s first banking transactions on blockchain in partnership with Emirates NBD
October 13th, 2016
Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, announced that it has successfully executed transactions in international trade finance and remittance using blockchain technology in partnership with Emirates NBD, a leading banking group in the Middle East. ...
LSE listed company is seeking to acquire companies within the Forex sector
October 13th, 2016
Boston International Holdings plc, a special purpose acquisition company (SPAC) formed to undertake one or more acquisitions of target companies or businesses in the FX sector, has issued an announcement to inform that its entire issued ordinary share capital ...
Companies from UK, Cyprus, Germany, Italy and 12 other countries involved in a gigantic millions euro tax scam
October 13th, 2016
Four Maltese companies have been implicated in what the Italian authorities are describing as a ‘gigantic carousel fraud’, the Vicenza Guardia di Finanza reported yesterday. The scam, which was perpetrated through 145 Italian companies and 35 companies outside of ...
Kuwait raises minimum wage for family visa to cut the number of foreign families in the country
October 13th, 2016
The interior ministry yesterday raised the minimum salary required for expatriates to be able to sponsor their wives and children from KD 250 to KD 450 in a move expected to cut the number of foreign families in the ...
