Archives
Over 1,000 business leaders support fundamental change to UK’s relationship with the EU
November 10th, 2014
More than 1,000 business leaders have signed up to the campaign group Business for Britain, which lobbies for significant change to Britain’s relationship with the EU. An advert with all the signatories was published in today’s Sunday Telegraph. The ...
Banks accused of failing to report true scale of cybercrime
November 10th, 2014
Treasury Committee chairman Andrew Tyrie is to question banks over allegations that they may be under-reporting instances of bank fraud because they don’t want to frighten people. Tyrie made his comments following a Treasury Select Committee hearing into cybercrime ...
JSE successfully implements Phase 2 of T+3 project
November 10th, 2014
The JSE has successfully completed the second phase of the JSE’s number one priority project, the T+3 project. The project is being implemented in three phases, and will result in the local equities market moving from the current T+5 ...
SGX sets up board of inquiry to probe power outage
November 10th, 2014
A board of inquiry has been set up by the Singapore Exchange (SGX) to investigate the power outage which caused a halt in the trading of securities and derivatives for more than three hours on Wednesday afternoon (Nov 5). Deputy ...
HMRC recovers record £3.65bn in unpaid taxes
November 10th, 2014
A record amount of unpaid tax has been recovered from avoidance schemes, evasion and fraud by HMRC’s top team of specialist investigators – up by almost a quarter in the past year, says Pinsent Masons, the international law firm. ...
Chinese, Canadian central banks agree to 200 bln yuan currency swap
November 10th, 2014
The central banks of China and Canada have agreed to a currency swap worth 200 billion yuan ($32.67 billion) or C$30 billion, according to a Canadian government statement issued at a meeting of Asia Pacific nations on Saturday. The swap will ...
Former Moore Capital trader pleads guilty to insider dealing
November 10th, 2014
In a case brought by the Financial Conduct Authority (FCA) Julian Rifat a former senior execution trader at Moore Capital Management LLC has today pleaded guilty to an indictment reflecting 8 instances of insider dealing. Profits from the dealing exceeded ...
Luxembourg’s Tax Rulings Discussed By New EU Commissioner
November 10th, 2014
The European Commission has not yet formed an opinion on two contested tax rulings provided by the Luxembourg Government to multinational companies, and it has yet to formally respond to the recent leak of previous rulings, the new Competition ...
MIA and ACCA sign Agreement
November 10th, 2014
The Malaysian Institute of Accountants (MIA) and ACCA (the Association of Chartered Certified Accountants) signed a Memorandum of Understanding (MoU), which will result in them working together to develop the profession in Malaysia and the wider region. Through this ...
NODE Second Generation Cryptocurrency With Different Codebase To Bitcoin Launches
November 10th, 2014
After almost a year in development, recently launched NODE is a second generation cryptocurrency built from scratch in node.js that features encrypted messaging and NodePay launching in February 2015: the first hybrid international electronic payment system that allows users to pay ...
