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Today, Canadian banks and the entire financial system are considered one of the most reliable in the world, and in 2020, this country entered the ten best and most stable economies, ranking 9th. Of course, banks, financial institutions and payment systems support the financial sector. Instead of unattainable requirements, the Canadian regulator has established quite…

Cyprus has one of the most attractive legislation systems for international tax planning. A low corporate tax rate, exemption from taxes on dividend income, tax transparency, and double taxation treaties with an array of industrialized countries – all these factors create favorable conditions to carry out activities on the island, especially using the structure of…

ISO 14001 certification is dedicated to EMS creation and execution. International authority develops and provides standards adopted around the world publishes this normative document. Latter variant – “ISO 14001:2015” – has been agreed by most of states. Certification confirms that firm fulfills all possible demands to reduce its environmental impact. This, in turn, helps improving…

All foreign individuals seeking to enter the United States must receive the right visa to be granted legal entry upon arrival in the country. Broadly speaking, visa options for foreigners fall into 2 categories: non-immigrant and immigrant programs. There are 3 gateways that allow foreigners to enter the USA: Work, Business, and Immigration Visas. In…

E-Money Institutions in Cyprus (also known as EMI in Cyprus) are entities that licensed to provide financial services to third parties, store their funds on special segregated accounts and issue debit cards. Being more flexible and fast in their operations, EMIs are a great alternative to traditional banks. EMI’s clients can also execute payment transactions…

Surely you have repeatedly wondered what is the difference between stock exchange and exchange. In fact, there are quite a few differences between crypto exchange and stock exchange, in particular, they are structured differently and differ in the principle of interaction with users. The main differences are as follows: Reliability. The marketplace is a large…

Everywhere millions of exchange transactions are carried out constantly via OTC markets. Internet network, as a limitless extent, gives for unimpeded accession. In addition, regardless of geographic boundaries, every trader may act in any of the existing currencies. Within the retail Forex market, speculative operations are widely spreading. Consequently, brokers, banking institutions or other may…

The Forex trading space is a virtual marketplace designed for all products offered in this field. Through vast network of technology providers, liquidity and investment funds, and brokers that the Forex market is, each dealer may safely cooperate and choose the most profitable options for interaction. Advantages and benefits of the Forex market The need…

Malta is at the forefront of e-commerce regulation being one of the first of the EU countries that allowed standalone e-money institutions. This business model is considered to be very efficient since certain amendments to the regulatory regime have been made (for example, decrease of start-up capital to establish an EMI). An E-Money Institution (“EMI”)…

Electronic money institution gives ability to proffer numerous types of financial range services in a wider manner compared to payment establishments operating with paying processing. If EMI got license in one of the EU states, that has a membership in the Union, it opens the way to offer services in rest of the European Union…

This Policy sets forth certain rules regarding the use of blockchain in government transactions that apply to Dubai government authorities, blockchain networks and the private sector. Scope of application This Policy applies to those government authorities in Dubai that want to form a new blockchain network, actively use the blockchain, or become part of an…

IFD and IFR introduced a new system designed to classify investment firms. This system is based on the activities of such companies, on their size, systemic importance in the overall structure and group partnerships. Therefore, the capital adequacy requirements of CIF will be based on the class of the investment company. The following four categories…