Search Results for: US authorities
Dollar at 2-month high, Aussie weak as virus anxiety spreads
January 30th, 2020
The dollar held near a two-month high against a basket of major currencies while the Australian dollar and the yuan were under pressure on Thursday as investors tried to shield themselves from assets that could be hit by China’s ...
Airbnb cannot be treated as a real estate agency – European Court of Justice
December 27th, 2019
The European Court of Justice, Europe’s top court,delivered Airbnb a major victory as the company readies for its public debut next year. Airbnb cannot be treated as a real estate agency by European regulators, the European Court of Justice ...
Facial recognition use triggers GDPR fine
August 30th, 2019
Sweden’s Data Protection Authority has issued its first fine for violations of the European Union’s General Data Protection regulation after a school launched a facial recognition pilot program to track students’ attendance without proper consent. The country’s privacy authority ...
Dollar gains as focus shifts to Fed, euro and sterling under pressure
December 14th, 2018
The dollar firmed against most major counterparts on Friday, as investor focus shifted to an expected U.S. interest rate hike next week, although gains are likely to be capped on greater uncertainty about next year’s policy outlook. The greenback ...
The psychology of systemic consensus
November 16th, 2018
We are all too familiar with established views rejecting change. It has nothing to do with the facts. Officialdom’s mind is often firmly closed to all reason on the big issues. To appreciate why we must understand the ...
Denmark pushes to widen probe into multi-billion-euro tax fraud
November 6th, 2018
Denmark is widening its investigation of a massive stock trading scam, as the state attempts to recover $2 billion of tax reclaims it was tricked into paying. The country’s tax minister has asked the financial regulator to gather information ...
Suspects arrested in international action against large-scale VAT fraud
October 15th, 2018
During a joint action day in seven EU Member States, an international organised crime group was tackled, involved in large-scale VAT fraud with a damage of more than EUR 20 million, related to sales of second-hand vehicles. At the ...
U.S. and Australian financial regulators sign FinTech Cooperation Arrangement
October 8th, 2018
The U.S. Commodity Futures Trading Commission (CFTC) and the Australian Securities and Investments Commission (ASIC) signed an arrangement to cooperate and support innovation through each other’s financial technology (FinTech) initiatives – CFTC’s LabCFTC and ASIC’s Innovation Hub. “The signing ...
Trump accuses China, EU of currency manipulation
August 22nd, 2018
President Donald Trump accused China and the European Union of manipulating their currencies as he tries to wrestle concessions from two of the U.S.’s largest trade partners. “I think China’s manipulating their currency, absolutely. And I think the euro ...
Beware: Supervisory authorities around the world issued investor protection warnings
July 25th, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Spain (Comisión Nacional del Mercado de Valores – Cnmv), Austria (Financial Market Authority – FMA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), France (Authorité des Marchés ...
