Search Results for: US authorities
France Restricts the Movement of Gold, Cash, & Crypto-Currencies
May 8th, 2015
France is the most socialist country in Europe; it always attacks anyone with money. France’s latest war on money is broadening to create a virtual lockdown on all assets. France is strengthening the control of cash payments drastically. Additionally, gold sales ...
Banks Expected to Settle FX Probes for Billions
May 7th, 2015
Citigroup Inc., Barclays PLC, J.P. Morgan Chase & Co. and Royal Bank of Scotland Group are expected to plead guilty to rigging foreign-currency exchange rates and pay billions in combined penalties. Four big banks are expected to plead guilty ...
Baker & McKenzie and FenXun Partners joint operation announcement adds unique capabilities to China competition practice
May 6th, 2015
The Joint Operation provides clients of both firms with an unprecedented platform to serve their international and PRC legal needs Baker & McKenzie and FenXun Partners recently announced that they had become the first international and PRC law firms ...
Tax rulings: “We need a common corporate tax base”, says Commissioner Vestager
May 6th, 2015
Why did the EU Commission take so long to launch investigations into member states’ tax rulings? Is its strategy to go only after small countries, such as Belgium, the Netherlands, Luxembourg and Ireland? Will the instruments available to it ...
Mazars speeds up its development and strengthens its presence in Germany
May 4th, 2015
The firm Roever Broenner Susat joins Mazars’ International Integrated Partnership. As part of its global growth strategy, Mazars constantly strives to identify and integrate top talents from firms that share its values and demonstrate excellence and continued professionalism. ...
HSBC whistleblower claims work ‘not done yet
May 4th, 2015
Herve Falciani, a former HSBC employee who leaked information on the bank’s clients and tax situation, has told Spanish newspaper El Mundo he had knowledge of other cases and could act again, adding his “work was not done”. Mr ...
ESMA recognises third-country CCPs
April 30th, 2015
The European Securities and Markets Authority (ESMA) has today recognised ten third-country CCPs established in Australia, Hong Kong, Japan and Singapore. The recognition by ESMA allows third country CCPs to provide clearing services to clearing members or trading venues established in ...
Riksbank purchases government bonds for a further SEK 40-50 billion
April 29th, 2015
Riksbank purchases government bonds for a further SEK 40-50 billion, lowers the repo-rate path significantly and holds the repo rate at −0.25 per cent The expansionary monetary policy is having a positive impact on the Swedish economy and inflation ...
Greek goverment drafting multi-bill after overhauling negotiating team
April 28th, 2015
The Greek government on Monday announced a shake-up of the team negotiating with the country’s international creditors, after Finance Minister Yanis Varoufakis came under fierce criticism from his eurozone peers at a summit in Riga last week due to ...
Fitch Downgrades Japan to ‘A’; Outlook Stable
April 27th, 2015
Fitch Ratings has downgraded Japan’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘A’ from ‘A+’. The issue ratings on Japan’s senior unsecured foreign and local currency bonds are also downgraded to ‘A’ from ‘A+’. The Outlooks ...
