Search Results for: R3
Blockchain firms in $1.3b virtual currency battle
September 12th, 2017
Two of the world’s largest blockchain developers are battling over more than US$1 billion (S$1.3 billion) in virtual currency options, in a dispute that may help establish the leading player in providing new payment technologies to financial companies. R3, ...
Ethereum Enterprise Alliance Adds 86 New Members Including DTCC, State Street And Infosys
May 22nd, 2017
The Ethereum Enterprise Alliance, an initiative to standardize a business version of Ethereum that launched in February, announced that it has added 86 new members, including heavyweights such as the DTCC, State Street, Infosys, Deloitte, MUFG, Toyota Research Institute ...
Latest Saudi Arabia Tax and VAT updates; No VAT and Tax to pay
April 10th, 2017
No income tax for Saudi citizens, says finance minister Kingdom will keep VAT at 5% until 2020, and impose 50% tax on soft drinks, 100% on tobacco products from Q2 Saudi Arabia has reiterated that citizens will not pay ...
Spanish Banking Giant BBVA Now a Member of Hyperledger Blockchain Project & Linux Foundation
March 30th, 2017
Spanish multinational banking group BBVA becomes the latest financial institution to join the Hyperledger Project, a cross-industry blockchain collaborative with open-source principles led by the Linux Foundation. Announced by the banking giant this week, BBVA also notably becomes a ...
BBVA became member of the open-source blockchain community Hyperledger
March 28th, 2017
BBVA became an official member of Hyperledger today. Hyperledger is an open-source collaborative effort to advance the use of blockchain in different economic and corporate sectors. Hosted by The Linux Foundation, this international initiative unites a large group of ...
Four new iShares sector ETFs launched on Xetra
March 24th, 2017
ETFs provide access to US companies from the consumer staples, industrials, materials and utilities sectors Four new equity index ETFs issued by iShares have been tradable on Xetra and Börse Frankfurt since Thursday. Name: iShares S&P 500 Consumer Staples ...
SFC obtains court orders to freeze bank accounts in suspected Pyramid and Ponzi scheme
March 22nd, 2017
The Securities and Futures Commission (SFC) today obtained an interim order from the Court of First Instance to freeze approximately $2.66 million in the bank accounts of Mr Heriberto C. Perez Valdes in connection with a suspected Pyramid and ...
SFC bans former account executive of HSBC Broking Securities (Asia)
March 20th, 2017
The Securities and Futures Commission (SFC) has banned Mr Philip Leung Ming Yin, a former account executive of HSBC Broking Securities (Asia) Limited (HSBC Securities), from re-entering the industry for six months from 17 March 2017 to 16 September ...
SFC reprimands and fines DBS Vickers (Hong Kong) Limited $2 million
March 16th, 2017
The Securities and Futures Commission (SFC) has reprimanded DBS Vickers (Hong Kong) Limited (DBSVHK) and fined it $2 million for regulatory breaches and internal control failings relating to under-segregation of client money (Note 1). The disciplinary action follows an ...
ACCA’s help on find the right Accountant
March 16th, 2017
Online ‘Find an Accountant’ resource helps locate the right professional with the right skills April 2017 sees the introduction of new business and tax regulations in the UK – some more complicated than others – such as contractor rules ...
