Foreign Exchange Transactions

Type: Keyphrase

Name: Foreign Exchange Transactions

First reported 1 hour ago - Updated 1 hour ago - 1 reports

AUD/USD: Aussie Moving Lower As Chinese PMI Disappoints

For the 24 hours to 23:00 GMT, AUD weakened 1.95% against the USD to close at 0.9280.LME Copper prices remained flat or $2.0/MT to $6972.5/MT. Aluminium prices declined 0.1% or $2.5/MT to $1792.5/MT.In the Asian session, at GMT0300, the pair is trading ... [Published Action Forex - 1 hour ago]

Entities: PMI, Foreign Exchange Transactions, Manufacturing Purchasing Managers Index

First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

Best Practices for Managing Settlement Risk in Foreign Exchange Transactions

The Financial Supervisory Service (FSS) developed to strengthen the management of risks associated with the settlement of foreign exchange transactions by domestic banks and bring domestic rules in conformity with global standards. These best practices ... [Published Financial Supervisory Service - Jun 18 2013]

Entities: Foreign Exchange Transactions, Best Practices, Basel Committee on Banking Supervision

First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

Analysis: Libor rigging is just tip of...

Matthew Leising New YorkThe probe into manipulation of the London interbank offered rate (Libor) is proving to be the tip of the iceberg as inquiries show that if there is a chance to rig benchmark rates in world markets, someone is usually willing to ... [Published Daily News South Africa - Jun 18 2013]

Entities: Libor-Fixing Scandal, LIBOR, Markets In Financial Instruments Directive, Forex

First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

China Merchants Bank Co Ltd

Chinese banks see smaller forex surplus

Chinese banks bought more foreign currency from clients than they sold in May, although the surplus was less than that of previous months, indicating relieved pressure from capital inflows. The forex surplus hit 17.2 billion U.S. dollars in May, marking ... [Published Individual.com - Jun 17 2013]

Entities: Forex, US Dollar, China Merchants Bank Co Ltd, Foreign Exchange Transactions

First reported Jun 16 2013 - Updated Jun 17 2013 - 2 reports

Foreign Exchange System Improvements

FOREIGN EXCHANGE SYSTEMS IMPROVEMENTS TO STRENGTHEN ILLEGAL FOREIGN EXCHANGE TRANSACTION SURVEILLANCEThe Ministry of Strategy and Finance plans to work on improving foreign exchange transaction systems in order to strengthen illegal foreign exchange transaction ... [Published Noodls - Jun 17 2013]

Entities: Forex, Foreign Exchange Transactions, Illegal, Tax Evasion

First reported Jun 16 2013 - Updated Jun 16 2013 - 1 reports

Seoul strengthens supervision of forex transactions

1:01 AM[SEOUL] South Korea is strengthening supervision of foreign exchange transactions as President Park Geun Hye broadens her country's part in a global crackdown against tax evasion. ... [Published Business Times Singapore - Jun 16 2013]

Entities: Seoul, Forex, Foreign Exchange Transactions

First reported Jun 16 2013 - Updated Jun 16 2013 - 3 reports

South Korea tightens capital flow checks to catch tax evaders

Seoul: South Korea is strengthening supervision of foreign exchange transactions as President Park Geun Hye broadens her country's part in a global crackdown against tax evasion.The Financial Supervisory Service and Korea Customs Service will have enhanced ... [Published Times of Oman - Jun 16 2013]

Entities: South Korea, Taxes, Foreign Exchange Transactions, Ministry of Finance, Tax Evasion

First reported Jun 16 2013 - Updated Jun 16 2013 - 2 reports

Gov't To Get Tougher On Offshore Tax Evasion

The government will impose a tougher crackdown on offshore tax evaders by introducing tougher rules on cross-border foreign exchange transactions.The Ministry of Strategy and Finance said it is moving to rewrite the enforcement decree of the Foreign Exchange ... [Published Tbs eFM - Jun 16 2013]

Entities: Tax Evasion, Foreign Exchange Transactions, Decree, MINISTRY OF STRATEGY AND FINANCE

First reported Jun 15 2013 - Updated Jun 15 2013 - 1 reports

Andrew Brown: Plan ahead to save money on your family holidays

With the school holidays just around the corner, now is the time for families planning summer breaks abroad to work out how to make their holiday pounds stretch further – especially as sterling is worth less against most foreign currencies than last year. ... [Published The Scotsman - Jun 15 2013]

Entities: Andrew Brown, Post Office, Portugal, Foreign Exchange Transactions

First reported May 30 2013 - Updated May 30 2013 - 4 reports

Reserve Bank sold $256m in April

The Reserve Bank sold $256 million worth of New Zealand dollars in the month of April, according to data released by the bank today.The data follows a speech from Reserve Bank Governor Graeme Wheeler this morning, in which he reiterated the bank's view ... [Published New Zealand Herald - May 30 2013]

Entities: New Zealand Dollar, Forex, Foreign Exchange Transactions, Graeme Wheeler

First reported May 30 2013 - Updated May 30 2013 - 2 reports

FSS launches investigation into illegal foreign exchange transactions

The Financial Supervisory Service has launched an investigation into illegal foreign exchange transactions, following the recent disclosure of individuals accused of trying to avoid tax using shell companies.The FSS is looking into whether those who own ... [Published Arirang - May 30 2013]

Entities: Foreign Exchange Transactions, Illegal, Investigation, Tax-Haven

First reported May 28 2013 - Updated May 28 2013 - 3 reports

Kiwi little changed as investors catch breath after greenback rally

The New Zealand dollar was little changed in local trading as investors compose themselves after a 5.4 percent slide against the greenback on improving prospects for the US economy.The kiwi traded at 80.81 US cents at 5pm in Wellington from 81 cents at ... [Published National Business Review - May 28 2013]

Entities: Wellington (Australia), New Zealand Dollar, Foreign Exchange Transactions, Graeme Wheeler

Quotes

...doesn’t apply, the spot FX market shouldn’t be a free-for-all for banks," says Ash Saluja, a partner at law firm CMS Cameron McKenna in London. "Whenever you have a client relationship, there is a duty there."

Accusations of Price Manipulation in the World of Currency Trading [Published BusinessWeek - Jun 17 2013]

The bank allegedly then sent Shuttleworth’s letter refusing to pay the 10% levy, but it was still "framed in terms which appear to have been calculated to make clear that they did not associate themselves with Mr Shuttleworth’s application and complaint about the 10% fee"

Shuttleworth’s levy fight is for ‘the little guy’ [Published City Press - Jun 16 2013]

More Content

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AUD/USD: Aussie Moving Lower As Chinese PMI Dis... [Published Action Forex - 1 hour ago]
Proposed OSC Rules Regarding Reporting of Over-... [Published JD Supra - 9 hours ago]
Are you going to CurrencyFair? [Published New Business - Jun 18 2013]
IntercontinentalExchange Inc (ICE), Gain Capita... [Published InsiderMonkey.com - Jun 18 2013]
Best Practices for Managing Settlement Risk in ... [Published Financial Supervisory Service - Jun 18 2013]
Analysis: Libor rigging is just tip of... [Published Daily News South Africa - Jun 18 2013]
Will China's renminbi back the Asian Century? [Published Business Spectator - Jun 18 2013]
Accusations of Price Manipulation in the World ... [Published BusinessWeek - Jun 17 2013]
Foreign Exchange System Improvements [Published Noodls - Jun 17 2013]
Chinese banks see smaller forex surplus [Published Individual.com - Jun 17 2013]
What to know about global foreign exchange mkt [Published Economic Times - Jun 17 2013]
Seoul strengthens supervision of forex transact... [Published Business Times Singapore - Jun 16 2013]
How to promote ethical standard in Nigeria’s fi... [Published The Guardian Nigeria - Jun 16 2013]
Shuttleworth’s levy fight is for ‘the little guy’ [Published City Press - Jun 16 2013]
South Korea tightens capital flow checks to cat... [Published Times of Oman - Jun 16 2013]
Gov't To Get Tougher On Offshore Tax Evasion [Published Tbs eFM - Jun 16 2013]
Korea to increase forex oversight [Published Korea Herald - Jun 16 2013]
South Korea Tightens Capital Flow Checks to Cat... [Published Bloomberg - Jun 16 2013]
South Korea Tightens Capital Flow Checks to Cat... [Published Bloomberg via Google News - Jun 16 2013]
Gov't to get tougher on offshore tax evasion [Published Yonhap News Agency - Jun 16 2013]
Andrew Brown: Plan ahead to save money on your ... [Published The Scotsman - Jun 15 2013]
Exchange Control relaxations in Sri Lanka [Published Asia News Network - Jun 14 2013]
Price Benchmarks Said to Be Rigged in the Forei... [Published BusinessWeek - Jun 14 2013]
S& P suspends Uzbek Samarkand Bank's ratings be... [Published Individual.com - Jun 13 2013]
Gain Capital: Cheap Now, Cheaper After GFT Acqu... [Published Seeking Alpha - Jun 13 2013]
JCAP Treasury Services present a Breakfast Semi... [Published Businesslife.co - Jun 13 2013]
Looming uncertainty for Indonesia's economy [Published Asia News Network - Jun 13 2013]
Amazon and eBay’s chief rival in India is givin... [Published Yahoo! Finance - Jun 12 2013]
Bankers Committee endorses Over-the-Counter reg... [Published The Guardian Nigeria - Jun 12 2013]
HwangDBS 3Q profit falls 38% to RM11.4 m [Published Malaysia Edge - Jun 12 2013]

sort by: Date \| Relevance
RBNZ Prepared to sell NZD/USD [Published OANDA Forex Blog - May 30 2013] New Zealand’s central bank is prepared to increase currency sales to combat a “significantly over-valued” exchange rate, Governor Graeme Wheeler said. “In recent months we have undertaken foreign exchange transactions to try and dampen some of the spikes ...
Senate Bill Would Halt Iran’s Access to an Esti... [Published AdBanks.net - May 09 2013] The legislation, which has strong support, would be the first major new sanction confronting Iran since its inconclusive round of negotiations with the big powers last month on its disputed nuclear program . Despite Iran’s repeated denial, the West ...
Financial Transaction Tax: Sand in the Wheels? [Published Zero Hedge - Feb 14 2013] The European Commission formally endorsed the financial transaction tax agreed to by eleven of the 27 members. The tax will be set at 0.1% for stocks and bonds and 0.01% for derivatives. The tax will go into effect at the start of 2014, by which time ...