Archives
EU anti money-laundering rules enter into force
July 11th, 2018
New EU rules against money laundering, which entered into force Monday, introduce stricter transparency requirements on the real owners of companies and strengthen the fight against terrorist financing. The 5th Anti-Money laundering Directive, first proposed by the European Commission ...
48% say America will be out of cash by 2023
July 11th, 2018
One in five Americans thinks their payments will be completely cash-free in their lifetime, according to a new study from GATE (Global Acceptance Transaction Engine) conducted with third-party research firm YouGov. With Apple Pay, Google Pay, Venmo, Square, credit ...
US releases $200bn list of Chinese products for possible new tariffs
July 11th, 2018
Accusing China of not negotiating “seriously” on trade, the Trump administration has released a list of products it wants to impose a ten percent tariff on, amounting to $200 billion. The new tariffs would kick in within 60 days. ...
Stocks in Asia declined, the Euro and the Aussie were down; Here are the main market moves
July 11th, 2018
Stocks in Asia declined with U.S. equity futures, industrial metals and China’s yuan after the Trump administration released the biggest list yet of Chinese goods it may hit with tariff increases, a move that China said will force it ...
Big four accounting firms paid millions to advice EU Commission on tax policy
July 10th, 2018
EU lawmakers should stop relying on policy advice from the world’s four largest accounting firms, given their status as “goliaths of the tax planning world,” according to an independent Brussels-based watchdog. Far from being “objective and legitimate” advisers on ...
In which European country are the most cars per inhabitant?
July 10th, 2018
In 2016, the EU had on average 505 cars per 1 000 inhabitants. Despite an increase over the last years, passenger cars powered by alternative fuels, including hybrid cars, only made up a small share of the fleet of ...
AMF reports websites offering crypto derivatives without authorisation
July 10th, 2018
The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) would like to warn the public about a number of unauthorised online investment services in France for derivatives whose underlyings include crypto assets. ...
BCSC warns for unregistered firms providing Forex and cryptocurrency trading
July 10th, 2018
The British Columbia Securities Commission (BCSC) has issued warnings to inform investors and public for Companies not registered to trade in, or advise on, securities or exchange contracts in British Columbia (BC) and have not filed a prospectus or ...
Euro nears four-week highs as the Chinese yuan rebounded
July 10th, 2018
The Chinese yuan rebounded and the euro rose to its highest since June 14 on Monday as investors bought riskier assets following favourable U.S. jobs data last week and evidence that global trade tension has not yet slowed economic ...
EQT acquires Saxo Payments Banking Circle from Saxo Bank
July 9th, 2018
EQT VIII and EQT Ventures, in partnership with Saxo Payments Banking Circle’s founders and other co-investors, to acquire Saxo Payments Banking Circle Saxo Payments Banking Circle’s unique banking platform enables cross-border payments with reduced complexity, time and cost EQT ...
