Archives
ASIC facilitates foreign financial service providers applying for exemptions
March 13th, 2015
ASIC is clarifying the documentation foreign financial services providers should provide to it when applying for class order exemptions to conduct business in Australia to facilitate an easier application process. In a written statement to key advisers to foreign ...
Deloitte sued for C$384m in document reviewer class action
March 13th, 2015
Deloitte and a document review company it acquired a year ago are alleged to have saved millions of dollars by treating hundreds of document reviewers as contractors when they were, in reality, employees based in their offices. Deloitte acquired ...
Global tax changes could undermine UK tax competitiveness
March 13th, 2015
Changes to the way international companies pay tax could undermine Britain’s tax competitiveness, EY survey of finance and tax professionals finds Impending changes to the way international companies pay tax could undermine government efforts to improve Britain’s tax competitiveness, research ...
Swiss Voters Reject Proposal To Replace VAT
March 13th, 2015
Swiss voters have resoundingly rejected a proposal to replace the value-added tax with an emissions-based levy. A referendum on the popular initiative, known as “Energy Rather than VAT,” was held on March 8. Had it been accepted by voters, ...
Friday March 13: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
March 13th, 2015
OSB Commodities & Equity Indices Cheat Sheet & Key Levels, March 13. Gold Open 1153.70, High 1165.70, Low 1147.50, Close 1151.90, 0.11% Change. Silver Open 15.47, High 15.69… View table below
Friday March 13: OSB G10 Currency Pairs Cheat Sheet & Key Levels
March 13th, 2015
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels, March 13. EURUSD Open 1.0547, High 1.0683, Low 1.0494, Close 1.0634, 0.83% Change. GRBUSD Open 1.4928, High 1.5025… View table below
EXNESS takes the lead with the release of audited funds and trading volumes
March 13th, 2015
EXNESS has today called on the retail Forex industry to become more transparent regarding broker funds and trading volumes, so that traders can assess the financial strength of brokers and their ability to withstand market shocks. George Tsaparillas, Director ...
U.S. Hits German Bank with $1.45 Billion in Penalties
March 13th, 2015
The U.S. Department of Justice on Thursday ordered Germany’s Commerzbank bank and its U.S. affiliates to pay $1.45 billion in penalties for violations of U.S. sanctions law and for a multibillion-dollar securities fraud. A department statement said Commerzbank, Germany’s ...
Consumer groups accuse SEC of ignoring investors
March 13th, 2015
The Securities and Exchange Commission is not fulfilling its duty to protect retail investors, particularly in how it regulates financial advisers, a number of consumer groups asserted in a letter to the agency. The eight-page letter dated March 10 outlines several ...
Citi-linked China broker’s IPO 90 times oversubscribed in $150 bln investor rush
March 13th, 2015
Orient Securities Co‘s $1.6 billion initial public offering, the largest mainland China listing since 2011, was oversubscribed by a factor of over 90 as investors scrambled for a sale boosted by new rules capping IPO prices and soaring industry profits. Under ...
