Search Results for: European Union
ISDA Publishes Principles for US/EU Trading Platform Recognition
February 26th, 2016
The International Swaps and Derivatives Association, Inc. (ISDA) published a set of principles for achieving comparability determinations between US and European Union (EU) trading platforms. The paper analyzes the regulatory frameworks in the US and EU, with the aim ...
Brexit could wipe 20% off sterling: HSBC
February 25th, 2016
Separating from the European Union could trigger a 20 percent drop in sterling and shave 1.5 percentage points off the British economy, HSBC has warned. The doom-laden report released Wednesday outlined the worst-case scenario if voters were to approve a ...
HSBC Posts 4th-Quarter Loss and Comes Under S.E.C. Scrutiny
February 23rd, 2016
HSBC said on Monday that it lost money in the fourth quarter and warned that it was being investigated for hiring candidates with ties to government officials in the Asia-Pacific region. The lender, which is based in Britain but generates ...
Ireland, Italy Join EU Cross Border VAT Rulings Pilot
February 23rd, 2016
18 European Union member states are now participating in the VAT Cross Border Ruling project, with Ireland and Italy newly joining the pilot initiative. The pilot project has been set up to allow taxable persons to obtain advance rulings ...
Asia loses steam as major markets trade lower
February 23rd, 2016
Asian stocks lost momentum Tuesday, trading mostly lower as the improved market sentiment which spurred a global rally Monday appeared to fade. Chinese markets, which started trading at 9.30 a.m. HK/SIN time, stayed in negative territory in afternoon trade, ...
Asia shares edge ahead with oil, pound slips
February 22nd, 2016
Asian share markets edged cautiously higher on Monday as investors awaited a rush of February industry surveys to take the pulse of the global economy, while sterling suffered on concerns the UK might yet vote to leave the European ...
Google Isn’t Paying the ‘Google Tax’
February 19th, 2016
Close to four years ago, Europe began to notice that some of the world’s biggest technology companies were paying minimal tax on the billions of dollars they earned across the continent. Among those the U.K. and other governments criticized ...
Asian shares consolidate, oil swings higher
February 17th, 2016
Asian shares were taking a breather on Wednesday after two sessions of solid gains, while oil prices swung higher as the market reconsidered the chances of a meaningful deal to restrict supply later in the year. The mood was ...
Accountancy bodies calls for informed debate on EU reform
February 16th, 2016
CCAB, the forum for accountancy bodies in the UK and Ireland, is calling on businesses to engage with the debate on EU reform, and ensure they are aware of the information and resources to inform their understanding of the ...
A Dysfunctional EU: What Future?
February 12th, 2016
Many believe that the European Union is, and can only ever be, a force for good and that the 500-plus million citizens of its 28 Member States should be eternally grateful for all the myriad of benefits that they ...