The Financial Markets Authority has today confirmed that businesses selling short-duration derivatives need to be licensed. The Financial Markets Conduct Act introduced licensing for derivatives issuers in December 2014. ... Read More
Iran says it is preparing to stop using the dollar in its official statements – a move that had been in the offing but appears to have been expedited ... Read More
A renowned sports lawyer today appeared before the Solicitors Disciplinary Tribunal denying a string of allegations. Mel Goldberg, who represents high-profile footballers and world champion boxers, is charged with ... Read More
Russia recently took a far more liberal approach towards Bitcoin than expected. Last week, the Russian government decided not to introduce criminal liability towards mining and usage of the ... Read More
A cashier at a leading international law firm has been banned from the profession and served a jail sentence after stealing over £700,000. Juliette Holland, 46, was found to ... Read More
Depending on how soon all involved parties can come to an agreement, the law proposal will be submitted to the Duma by the end of 2016. The status of ... Read More
The Swiss National Bank (SNB) reports a profit of CHF 5.7 billion for the first quarter of 2016. A valuation gain of CHF 4.1 billion was recorded on gold ... Read More
Israel’s foreign exchange reserves at the end of April 2016 stood at $95,685 million, an increase of $904 million from their level at the end of the previous month. ... Read More
The Bank of Russia decided to suspend, effective 1 April 2016, 12-month FX repo auctions, considering the lack of demand for these facilities from Russian credit institutions and its’ shift to 28-day FX repos. The Bank of Russia will continue ... Read More
The Swiss National Bank (SNB) is reporting a loss of CHF 23.3 billion for the year 2015 (2014: profit of CHF 38.3 billion). The loss on foreign currency positions ... Read More
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