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ASIC cancels the AFS license of Financial Services firms

March 25th, 2017 (0)
ASIC has cancelled the Australian financial services (AFS) licences of Rebate Financial Services Pty Ltd and Capstone Capital Pty Ltd for failing to comply with a number of their key obligations as financial services licensees. In particular, ASIC has ...

ECB published overview of economic and monetary developments

March 25th, 2017 (0)
Overview At its monetary policy meeting on 9 March 2017, the Governing Council concluded that a very substantial degree of monetary accommodation is still needed for underlying inflation pressures to build up and support headline inflation in the medium ...

FSMA Belgium reports unauthorised Forex and Binary Options providers

March 24th, 2017 (0)
The Financial Services and Markets Authority (FSMA), a financial regulator of Belgium, has issued an announcement to warn investors and public against the activities of various providers of/intermediaries in binary options and Forex products, “recovery rooms” and “boiler rooms”, ...

Euronext launches a new thematic Index

March 24th, 2017 (0)
Euronext and Vigeo Eiris today launched the CAC 40® Governance Index, a thematic index that rates companies in the Paris market’s benchmark CAC 40 index on their corporate governance performance. The CAC 40® Governance Index takes the constituent stocks ...

World’s biggest meat producer scandal: Countries imposed import bans

March 24th, 2017 (0)
China, the EU, Japan, Chile, Mexico and Hong Kong have imposed various degrees of import bans on Brazilian meat after a corruption scheme allowing the sale of products past their due date was uncovered late last week. Meat is ...

Four new iShares sector ETFs launched on Xetra

March 24th, 2017 (0)
ETFs provide access to US companies from the consumer staples, industrials, materials and utilities sectors Four new equity index ETFs issued by iShares have been tradable on Xetra and Börse Frankfurt since Thursday. Name: iShares S&P 500 Consumer Staples ...

Alert: High Bitcoin prices inspire a wave of scams

March 24th, 2017 (0)
Earlier this month, the price of a single Bitcoin eclipsed the price of an ounce of gold for the first time ever. This news, coupled with the exploding adoption of its underlying technology – blockchain – beyond the financial world, ...

Italian and Indian law firms team up to boost cross-border business

March 24th, 2017 (0)
Italian Law Firm CBA Studio Legale e Tributario has entered into a joint venture with Singhania & Co after signing an agreement at the Consulate General of Italy in Mumbai. The companies have made the move primarily to promote ...

CFPB fines credit reporting agency for deceiving consumers

March 24th, 2017 (0)
CFPB Fines Experian $3 Million for Deceiving Consumers in Marketing Credit Scores Credit Reporting Company Misstated How Credit Scores It Sold Were Used The Consumer Financial Protection Bureau (CFPB) took action against Experian and its subsidiaries for deceiving consumers ...

Amazon Just Won a $1.5 Billion Tax Fight

March 24th, 2017 (0)
Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the U.S. Tax Court rejected a variety of ...
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