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Czech regulators tread softly on crypto oversightA buzzy crypto startup is raising questions on whether it can back up the hype.ListenAI generated Text-to-speechCopy LinkCopiedShare via emailShare on XShare on WhatsAppShare on LinkedInFree article usually reserved for subscribersSome critics say regulators are partly to blame because theyve been unwilling to take on the extra work of supervising digital assets | Image via iStockJanuary 14, 20222:33 pm CETBy Tim GoslingPRAGUE 鈥?In the Czech Republic, a suspected scam is prompting calls for regulators
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stanley termosar re seriously.When a high-profile ad campaign run by a company named Xixoio began promising huge returns to small investors last autumn, some in the media and fintech world questioned whether the claims were too good to be true. But authorities were powerless to do more than issue warnings.There are risks associated with offers of capital appreciation through alternative investment products, which are sometimes supported by a strong media presentation, is how oneCzech National Bank CNB alertin December meekly put it.AdvertisementAdvertisementVirtual tokens are not investment instruments in the sense of financial regulation, the a
stanley cup lert continued. Investments in them are thus not subject to the supervision of the Czech National Bank. Some critics say regulators are partly to blame because theyve been unwilling to take on the extra work of supervising digital assets. But with respect to blockch Bowr UK businesses draw up wish list of cuts to EU red tape
Rules on equal pay ineffective ;European Parliament calls for fresh legislation and, possibly, sanctions to bring pay for men and women into line.Copy LinkCopiedShare via emailShare on XShare on WhatsAppShare on LinkedInNovember 18, 200
stanley canada 811:28 am CETBy Zoe CaseyThe European Parliament has urged the European Commission to revise existing rules on equal pay between men and women, arguing that they have proved ineffective.In a vote on 18 November at their plenary session in Strasbourg, 590 members of the European Parliament voted in favour of asking the Commission to present plans
stanley italy for new legislation by 31 December 2009. In all, 23 voted against and 46 abstained. The motion, which was based on a report steered through the Parliament by Edit Bauer, a centre-right Slovakian MEP, specifically calls for the introduction of regular pay audits for companies. The results would be made public. AdvertisementAdvertisementBauers report also urges the Commission to carry out a study into the feasibility of imposing sanctions on companies that breach EU equal-pay rules. Fines, disqualification from benefits and the publication of the names of offenders are punishments that it says should be considered.In a survey published in 2006, the European Foundation for the Improvement of Living and Working Conditions, an EU body, that found that, on average, women in the EU earn
stanley cup 15% less than men, rising to 25% in the private sector, despite a 1975 EU directive aimed at preventing any pay d