Search Results for: euro
BP Can Again Bid for U.S. Leases, Contracts After Spill
March 14th, 2014
BP Plc (BP/) won the right to again compete for U.S. contracts and for new leases in the Gulf of Mexico, where its massive 2010 oil spill prompted regulators to bar it from new government business. BP’s agreement with ...
Risks for investing in complex products
March 13th, 2014
The Cyprus Securities and Exchange Commission (‘the Commission’) wishes to inform the Cyprus Investment Firms (‘the CIFs’) about the following: 1. The European Securities Markets Authority (‘ESMA’) has issued a warning to investors in relation to risks of investing in complex ...
Parliament toughens up anti-money laundering rules
March 13th, 2014
The ultimate owners of companies and trusts would have to be listed in public registers in EU countries, under draft anti-money laundering rules voted by Parliament on Tuesday. The draft law would also require banks, auditors, lawyers, real estate ...
Harris Georgiades, Minister of Finance
March 12th, 2014
Cyprus is striving to get back to business as usual after securing a financial bailout package, what are the immediate priorities of the Ministry of Finance? After the recent Eurogroup decisions on financial assistance, Cyprus aims to restore confidence ...
EBA, ESMA and EIOPA consult on supervisory practices for financial conglomerates
March 12th, 2014
The Joint Committee of the three European Supervisory Authorities (ESAs – EBA, ESMA and EIOPA) launched today a public consultation on its draft Guidelines on the convergence of practices aimed at ensuring consistency of supervisory coordination arrangements for financial ...
Obama Meeting With Yatsenyuk Raises Stakes in Ukraine
March 12th, 2014
Barack Obama’s meeting with Ukraine’s prime minister today raises the stakes in his attempt to confront Russian President Vladimir Putin’s ambitions in Crimea and preempt its spread to other countries in the region. The invitation to Prime Minister Arseniy ...
HMRC to be £2.2bn short on Swiss deal target, PAC told
March 12th, 2014
SIGNIFICANTLY LESS than the £3bn target will be generated through the tax deal targeting UK residents with accounts in Switzerland, HM Revenue & Customs directors have told the Public Accounts Committee. Tax assurance director Edward Troup and director-general Jim ...
Vodafone, Verizon Accused By India’s Home Ministry of Sharing Customer Details With UK’s GCHQ
March 11th, 2014
The Indian operations of Vodafone (NASDAQ:VOD) and Verizon (NYSE:VZ) shared details about their customers with Britain’s Government Communications Headquarters, or GCHQ, news reports said Monday, citing a December memo from the internal security division of India’s Ministry of Home ...
Cyprus central bank head who led Cyprus through bailout quits
March 11th, 2014
Cypriot Central Bank governor Panicos Demetriades, whose testy relations with the island’s government dogged a tumultuous tenure when Cyprus teetered on the brink of bankruptcy, resigned on Monday. President Nicos Anastasiades, who had been pressing for Demetriades’s departure ever ...
As talk of sanctions on Russia heats up, business groups draw cautionary line
March 10th, 2014
Business groups are pushing to ensure that any economic sanctions imposed on Russia by the United States are joined by as much of the rest of the world as possible, warning Congress and the Obama administration that unilateral U.S. ...
