Search Results for: EU
UK: one of the biggest legal shakeup to the insurance sector comes into force
August 12th, 2016
One of the biggest shakeups to the insurance sector in recent memory comes into force tomorrow. The Insurance Act 2015 was granted Royal Assent 18 months ago. However, the bulk of its provisions, including creating a new duty for ...
Fitch: Negative-Yielding Sov Debt in Japan Down, Europe Up
August 11th, 2016
The global stock of negative-yielding sovereign debt fell modestly to $11.4 trillion as of August 2, compared with $11.5 trillion on July 15, according to Fitch Ratings. Japanese yields moved higher in late July in response to the latest ...
The EU has helped to shape UK copyright law for journalists, but Brexit unlikely to cause significant changes
August 11th, 2016
Now that that dust has settled after the EU referendum, it’s worth looking at how Brexit will affect media law. Nothing is certain yet, but it is possible to make some informed predictions. I will be examining the likely ...
European stocks move higher as focus shifts to Wall St; Oil firms slide
August 11th, 2016
European stocks moved higher in midday trade Thursday as investors shifted their attention to Wall Street, where stocks looked set to open up ahead of the release of another series of earnings and new jobs data. The pan-European STOXX 600 was ...
A Cyprus Investment Firm agreed a settlement with the regulator of Belgium for 140.000 euros
August 11th, 2016
The Financial Services and Markets Authority (FSMA) of Belgium has issued an announcement to inform that the Cyprus regulated investment firm Rodeler Limited has agreed to settle with the Authority for the amount of euro 140.000. The agreed settlement ...
‘Euro was flawed at birth and destined to collapse’ – Nobel economist
August 10th, 2016
The decision to create a single currency without the institutions which would make it work was “fatal” for the eurozone, said Nobel-Prize winning economist Joseph Stiglitz, adding that the “eurozone must ditch it now to survive.” In his book ...
Post-Brexit surge of EU tax cases expected
August 9th, 2016
Advisers anticipate a surge in the number of new tax cases sent to the Court of Justice of the European Union (CJEU) following the UK’s decision to leave the EU. According to law firm Pinsent Masons, the prospect of withdrawing ...
FINRA Fines Deutsche Bank Securities Inc. $12.5 Million for Inadequate Supervision of Internal Communications
August 9th, 2016
The Financial Industry Regulatory Authority (FINRA) today announced it has fined Deutsche Bank Securities Inc. $12.5 million for significant supervisory failures related to research and trading-related information it disseminated to its employees, called ‘hoots’ or ‘squawks,’ over internal speakers ...
Second referendum ‘perfectly possible’, say top EU law professors on Q&A Reddit thread
August 8th, 2016
University of Liverpool experts use social media to spread their wisdom There is “no obstacle” in law to the United Kingdom holding a second referendum on EU membership, according to a group of EU law experts from the University ...
Jack Ma Is Opening His Wallet to Europe But Not to Europeans
August 8th, 2016
Payments powerhouse Alipay ramps up search for retail partners Targets Chinese tourists, expats; no offer for local consumers Jack Ma will set a bag aside for you at your favorite Paris store or hail you a ride in Rome ...