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FCA: ‘Banks to support LIBOR reluctantly until 2021’

By: Eugene Costello 24 Nov 2017

All 20 banks in the UK that are regulated by the Financial Conduct Authority (FCA) have committed to supported the present interbank lending rate until it is phased out in…

Bitcoin

‘Landmark’ EU ruling for Gibraltar-based Euro Bitcoin exchange

By: Gary Robinson 24 Nov 2017

A regulatory development has “opened the way” for the institutional-grade bitcoin exchange to deal with Euro-based payments globally, according to a Gibraltar-based bitcoin pioneer. Globitex, has been launched as the new…

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OECD finds worryingly deep divisions in society across a range of indices

More than one in three people are within just three months’ wages of poverty, says a new report that urges governments to find new ways to engage with citizens and address their needs in order to restore trust in society and politics. The Paris-based Organisation for Economic Cooperation and Development (OECD) surveyed its member countries, 35 […]

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