Archives
European Council reaches agreement on updated rules for VAT rates
December 14th, 2021
The European Council reached agreement on a proposal to update EU rules on rates of value added tax (VAT). The new rules reflect member states’ current needs and the EU’s present policy objectives, which have changed considerably since the ...
Swiss bank UBS fined over tax evasion in French appeal
December 14th, 2021
A French court fined Swiss bank UBS 1.8 billion euros on appeal for its role in helping French residents commit tax fraud. UBS took the fight to the Paris appeals court after being initially hit with a 3.7-billion-euro fine ...
Virtual assets-based money laundering and other crypto-enabled crimes
December 14th, 2021
The 5th Global Conference on Criminal Finances and Cryptocurrencies on 7-8 December 2021, co-organised by the Basel Institute on Governance, INTERPOL and Europol, saw several thousand participants from the public and private sectors gathering to exchange knowledge on virtual ...
Cloud computing used by 42% of enterprises
December 14th, 2021
Enterprises can access computing resources hosted by third parties on the internet instead of building their own IT infrastructure. This pool of resources is most commonly known as ‘cloud computing’. As cloud services are provided online, enterprises must have ...
Basic trading emotions
December 13th, 2021
There are times when anyone invested in the stock market feels like giving up and selling everything. There may even be times when you, as an investor, feel as if this asset class is not for you. However, what ...
How does account size affect trading performance?
October 18th, 2021
If you think Forex trading is complex for profit-making, you are right. This industry is not so keen on giving profits to the performers. Most individuals cannot earn money from executing orders in the markets. Instead of winning, they ...
Are risks per trade ruining your career?
September 29th, 2021
In a business, you must take risks. Whether it is your capital or investing in something uncertain, you cannot but accept risks. The trading business is also full of risks. You cannot but take the risk in every trade. ...
ESMA fines trade repository €238,500 for EMIR data failures
September 29th, 2021
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has fined trade repository UnaVista Limited €238,500 for eight breaches of the European Market Infrastructure Regulation (EMIR). The breaches relate to failures in ensuring the integrity of ...
EU set to remove Seychelles from tax haven blacklist
September 29th, 2021
European Union finance ministers are set to remove the Seychelles, Dominica and Anguilla from the bloc’s blacklist of tax havens next week, documents seen by Reuters indicate, while Panama has failed in its request to be delisted. The list ...
The Fed is evaluating whether to launch a digital currency and in what form, Powell says
September 29th, 2021
The Federal Reserve is pushing ahead with its study into whether to implement its own digital currency and will be releasing a paper on the issue shortly, Chairman Jerome Powell said Wednesday. No decision has been made on the ...
