Archives
Russia calls on fellow BRICS countries to dump US dollar in favor of trade in national currencies
August 25th, 2020
The Russian trade minister has called on the members of the BRICS trade alliance to increase the volume of settlements in national currencies to be more independent from Washington’s policies. Denis Manturov suggested the possibility of boosting non-dollar settlements ...
How are organised crime groups involved in sports corruption?
August 24th, 2020
Europol publishes its report, The involvement of organised crime groups in sports corruption. The report highlights the link between sports corruption and organised crime: the characteristics of criminal networks, their structure and their modus operandi. In addition, the report ...
Cryptocurrency to get pan-European legal framework
August 24th, 2020
In the fall, the EU Commission is set to complete its work on digital finance, and the result will be a clear definition for cryptocurrency in European law. “Lack of legal certainty is often cited as the main barrier ...
European markets look set to start the week on a positive note
August 24th, 2020
European stocks are expected to open in positive territory Monday as investors weigh the latest financial, geopolitical and coronavirus news worldwide. London’s FTSE is seen opening 31 points higher at 6,025, Germany’s DAX is seen 67 points higher at ...
Most Asian currencies struggled for direction on Friday
August 21st, 2020
Most Asian currencies struggled for direction on Friday as the yuan pulled back after hitting a seven-month high against the U.S. dollar, while the Taiwan dollar strengthened on the back of better-than-expected export orders. The yuan often tends to ...
iSignthis: $264m damages claim against ASX Ltd for misleading and deceptive conduct
August 21st, 2020
iSignthis Ltd (“ISX”) has filed its amended statement of claim against the ASX Limited (“ASX”) in the Federal Court of Australia. The amended statement of claim now also alleges misleading and deceptive conduct under section 1041H of the Corporations ...
Bitcoin hash rate hits record average high with $12K price in sight
August 17th, 2020
Bitcoin’s seven-day average hash rate passes 129 TH/s for the first time as the price continues to meet resistance at the $12K level. As the price of Bitcoin continues to meet resistance passing $12,000, its hash rate has hit ...
Online scams: It might not be too late to get your money back
August 17th, 2020
From denial to anger to acceptance, victims of financial fraud often go through something resembling the five stages of grief. Too often, victims of online scams will be reluctant to take action once they realize they have been defrauded, ...
SMPs are a great career choice for accountants of the future
August 17th, 2020
Digital transformation and access to a network of talent are at the core of any successful small and medium-sized accountancy practice (SMP). Talent also has the potential to completely evolve and transform the accountancy profession. ACCA (the Association of ...
Major tech corporations face multi-billion-euro cases for alleged GDPR breaches
August 17th, 2020
Two multinational data processing firms are facing legal action that could amount to billions of euros for alleged breaches of the EU’s General Data Protection Regulation (GDPR). The Privacy Collective, a non-profit Foundation that pursues claims for violations of ...
