Archives
CySec: acquisition of licence (Macys Corporate Services Ltd)
March 24th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has announced that “Macys Corporate Services Ltd” has successfully obtained the CySec licence. “Macys Corporate Services Ltd” is now authorised to operate legally under the supervision of CySec and ...
IRS clarifies: Electronic signatures permitted for Form 8879
March 24th, 2014
Correcting an oversight, the IRS on Thursday updated the online version of Publication 1345, Handbook for Authorized IRS e-File Providers of Individual Income Tax Returns (rev. 3/20/14), to clarify that electronic signatures are permitted for Form 8879, IRS e-File ...
CySec: Acquisition of licence (Parallel Nominees Cyprus Limited)
March 24th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has announced that “Parallel Nominees Cyprus Limited” has successfully obtained the CySec licence. “Parallel Nominees Cyprus Limited” is now authorised to operate legally under the supervision of ...
Billionaire Sought by U.S. Holds Key to Putin Gas Cash
March 24th, 2014
A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle. Ukrainian Dmitry Firtash, arrested in Vienna ...
China Manufacturing Gauge Falls as Slowdown Deepens
March 24th, 2014
China’s manufacturing industry weakened for a fifth straight month, according to a preliminary measure for March released today, deepening concern the nation will miss its 7.5 percent growth target this year. The Purchasing Managers’ Index from HSBC Holdings Plc ...
FRC issues temporary filler for insurance accounting
March 24th, 2014
THE FRC has issued new accounting and reporting requirements as a potentially temporary fill for a gap for the insurance industry. Financial Reporting Standard (FRS) 103 will be used by companies that currently use FRS 102 in the UK ...
Candy Crush mania coming to Wall Street
March 24th, 2014
Investors are hungry for initial public offerings, and there’s something sweet in the pipeline. King Digital Entertainment, which makes the popular Candy Crush Saga online game, is one of 14 companies set to go public this week. The U.K. ...
Report: Leaked Snowden documents show NSA hacked Chinese telecom company
March 24th, 2014
Documents leaked by Edward Snowden and reported by the New York Times reveal efforts by U.S. intelligence agencies to monitor the Chinese telecommunications company Huawei. The Times reported the U.S. National Security Agency monitored communications of top Huawei executives ...
FCA warning of unauthorised firms
March 24th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that the following firms are not permitted to provide financial services or products: CFS PLC (www.cfsplc.co.uk) Kevin Edwin Francis Gregory Therefore, FCA points ...
Russia Staring at Recession on Sanctions
March 24th, 2014
Western sanctions are pushing Russia toward recession and the pain could intensify if U.S. and European leaders turn the screw over tensions in Ukraine. Banks including state-run VTB Capital say the world’s ninth-biggest economy will shrink for at least ...
