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Flexi Group
Aug 22, 20242 min read
Cyprus Banks Significantly Reduce Eurosystem Borrowing Following €2.6 Billion in TLTRO Repayments
Cypriot banks have nearly eliminated their borrowing from the Eurosystem through the Targeted Longer-Term Refinancing Operations...
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Flexi Group
Aug 22, 20242 min read
Didi Global Reports Record Transaction Value and Order Volume for June Quarter
Didi Global, the Chinese ride-hailing giant, announced on Wednesday that it achieved record highs in both order volume and transaction...
430 views0 comments
Flexi Group
Aug 21, 20241 min read
Global ETF Industry Sets Record with 1,063 New Product Launches in First 7 Months of the Year
The global Exchange-Traded Fund (ETF) industry has launched a record-breaking 1,063 new products in the first seven months of this year,...
626 views0 comments
Flexi Group
Aug 19, 20242 min read
Hong Kong Stocks Climb as Xiaomi and Baidu Lead Tech Rally Amid Investor Focus on Fed’s Jackson Hole Meeting
Hong Kong stocks advanced on Monday, driven by a robust rally in technology shares, building on the biggest gain in two weeks recorded...
262 views0 comments
Flexi Group
Aug 12, 20242 min read
ATO Seeks High Court Appeal Following Federal Court Ruling in Favor of PepsiCo
The Australian Taxation Office (ATO) has applied for special leave to appeal to the High Court of Australia, challenging the recent...
287 views0 comments
Flexi Group
Aug 9, 20242 min read
CySEC Slaps €740,000 Fine on Exelcius Prime Ltd for Multiple Violations
The Cyprus Securities and Exchange Commission (CySEC) announced on Wednesday the imposition of administrative fines totaling €740,000 on...
714 views0 comments
Flexi Group
Aug 8, 20242 min read
Eurobank Completes Acquisition of Hellenic Bank Shares, Triggers Resignation of Key Board Member
Eurobank, a subsidiary of Eurobank Ergasias Services and Holdings, has successfully concluded its mandatory public offer for the...
350 views0 comments
Flexi Group
Aug 7, 20243 min read
Central Bank of Cyprus Revises GDP Growth Forecast for 2024, Reflecting Limited Impact from Middle East Conflict
The Central Bank of Cyprus (CBC) has adjusted its GDP growth forecast for 2024 upwards to 3 per cent, reflecting an increase of 0.2...
311 views0 comments
Flexi Group
Aug 6, 20243 min read
Transforming Tax Functions: The Cloud Revolution and Rise of AI in Tax Compliance
Cloud solutions are revolutionizing tax functions for the better, writes Russell Gammon, chief solutions officer at Tax Systems. Just...
463 views0 comments
Flexi Group
Aug 5, 20243 min read
Chinese Firms' Global Expansion Presents Lucrative Opportunities for Citigroup
Chinese companies are racing to expand globally amid a competitive domestic market and slower consumption at home. Despite cultural...
279 views0 comments
Flexi Group
Aug 2, 20244 min read
Tax Experts Warn Project 2025 Could Isolate US in International Tax Policy
Tax experts caution that Project 2025, a controversial policy framework proposing radical tax reforms, could isolate the US from...
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Flexi Group
Aug 1, 20242 min read
Australian Minister Revises Controversial Tax Ethics Rule Deadline
Australian Assistant Treasurer Stephen Jones has retreated from the original deadline for the implementation of new ethical rules...
1,504 views0 comments
Flexi Group
Jul 31, 20242 min read
Proposed Changes to Tax Agent Registration in Australia Demand Proof of Good Governance
Individuals, partnerships, and companies aiming to register as tax agents in Australia must now demonstrate good governance according to...
318 views0 comments
Flexi Group
Jul 30, 20243 min read
UK’s Digital Services Tax Faces Scrutiny Amidst Calls for Repeal Following Pillar One Developments
The UK's digital services tax (DST) might be repealed in light of the predicted implementation of pillar one, according to a tax expert,...
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Flexi Group
Jul 25, 20243 min read
Lack of Risk Visibility Leads to Customer Rejection and Financial Loss for Companies
A lack of risk visibility is causing companies to reject customers and potentially lose money due to fears of violating anti-money...
273 views0 comments
Flexi Group
Jul 24, 20242 min read
Alex Gerko Loses Legal Appeal Against HMRC Over Deferred Payment Plan Taxation
Alex Gerko, billionaire founder of British trading firm XTX Markets, has lost a legal appeal against HM Revenue and Customs (HMRC)...
267 views0 comments
Flexi Group
Jul 23, 20242 min read
Federal Reserve Fines Green Dot $44 Million for Unfair and Deceptive Practices
The Federal Reserve Board of Governors has fined financial technology and bank holding company Green Dot $44 million for numerous unfair...
283 views0 comments
Flexi Group
Jul 22, 20242 min read
EAC Advances Plans to Secure Large State Land Plots for PV Parks, Says Director George Petrou
The Electricity Authority of Cyprus (EAC) is progressing with efforts to secure extensive state land plots for the construction of...
295 views0 comments
Flexi Group
Jul 19, 20244 min read
Canada’s 3% Digital Services Tax Faces Backlash Amid US Trade Tensions
Canada’s decision to impose a 3% digital services tax (DST) on large foreign technology companies has sparked criticism from local...
1,397 views0 comments
Flexi Group
Jul 17, 20242 min read
Central Bank of Cyprus Reports Deceleration in House Price Index for Q1 2024
The Central Bank of Cyprus (CBC) has observed a deceleration in the House Price Index (HPI) for both houses and apartments in the first...
424 views0 comments
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