Search Results for: SEC
The dollar was pinned near recent lows against other currencies
August 4th, 2021
The dollar was pinned near recent lows against other currencies on Tuesday, as traders awaited U.S. jobs data for a guide to the rates outlook, while labor market strength lifted the kiwi in anticipation of a New Zealand rate ...
ESMA imposed a fine for EMIR Data breaches
July 13th, 2021
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has fined DTCC Derivatives Repository Plc (DDRL) a total of €408,000 for seven infringements of the European Market Infrastructure Regulation (EMIR) regarding data confidentiality, data integrity, and ...
Survey: Four in five consumers globally would use a biometric payment card
July 13th, 2021
More than four fifths of consumers (81%) worldwide are ready to use a biometric payment card and authenticate payments with their fingerprint rather than a PIN code, according to a survey commissioned by a biometric technology provider. The survey ...
EU hits pause on US digital levy to focus on global corporate tax plan
July 13th, 2021
The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the U.S. administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of ...
Data protection: Commission adopts adequacy decisions for the UK
July 13th, 2021
The Commission has today adopted two adequacy decisions for the United Kingdom – one under the General Data Protection Regulation (GDPR) and the other for the Law Enforcement Directive. Personal data can now flow freely from the European ...
Banking faces seismic changes
July 13th, 2021
The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue. The ...
European stocks are expected to struggle for direction at the open on Tuesday
July 13th, 2021
European stocks are expected to struggle for direction at the open on Tuesday ahead of earnings reports from several big banks in the U.S. London’s FTSE is seen opening 5 points lower at 7,128, Germany’s DAX 1 point higher ...
Inflation, asset and consumer prices
June 25th, 2021
“The Fed finds itself between a rock and a hard place: either it keeps inflating or the whole confidence-based valuation of financial assets collapses. Either it raises interest rates or the dollar collapses.” There has been occasional speculation ...
European stocks hovered below record highs on Wednesday
June 23rd, 2021
European stocks hovered below record highs on Wednesday as inflation worries overshadowed data showing a rise in June business activity, while shares in French luxury good makers tumbled on the back of a ratings downgrade from HSBC. The pan-European ...
Bitcoin and other cryptos lose steam as summer lull sets in
June 16th, 2021
The bitcoin (BTC-USD) price shot back above $40,000 (£28,346) following sessions of losses, but is treading water as fund managers say the cryptocurrency is in a bubble despite the price crash. According to a Bank of America survey, 81% ...
