Proposed Regulations and the Pro Rata Share Rule for CFCs: Part I
How the changes could impact mergers and acquisitions.
How the changes could impact mergers and acquisitions.
BEIJING — European trade commissioner Maroš Sefčovič said Friday that China has agreed to halve its exports of hybrid cars to the bloc. Europe has called on China to voluntarily reduce hybrid car exports into the continent, but authorities in Beijing had reportedly slapped down the request, according to the Financial Times. The widening trade…
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Buy-to-let (BTL) lender Landbay has announced rate cuts of five basis points (bps) to 18 Premier products. Premier is a range of standard and house in multiple occupation (HMO) products for borrowers with up to 15 mortgaged properties, available to both individual and limited company landlords. The 18 products cover five-year fixed rates, available…
J.P. Morgan Securities LLC (JPMS) has agreed to a censure and a $250,000 fine from the Financial Industry Regulatory Authority (FINRA) after the firm admitted to longstanding failures in its margin account disclosures, according to a Letter of Acceptance, Waiver, and Consent (AWC) published by the regulator. According to the AWC, a technology change in…
Artificial intelligence is reshaping not only the technology sector, but also how investors define value. In a recent webinar, Matthew Tuttle, CEO and CIO of Tuttle Capital Management, and Frances Newton, CIO of Tuttle Wealth Partners, discussed how the rapid expansion of AI infrastructure is creating new investment opportunities while challenging traditional approaches to portfolio…
A Financial Crimes Enforcement Network (FinCEN)-observed pilot is testing whether completed customer verification work can be documented in standardized records and evaluated by other financial institutions. The pilot is being coordinated with the U.S. Treasury Department, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. It comes as PYMNTS Intelligence…