Search Results for: legal
IMF Managing Director Christine Lagarde will stand a trial for negligence
July 25th, 2016
International Monetary Fund Managing Director Christine Lagarde will stand trial for alleged negligence after France’s highest court on Friday rejected an appeal from the former finance minister. Ms. Lagarde is charged with negligence for her role in settling a long-running legal ...
Cashier jailed after stealing office money from international law firm
July 25th, 2016
A cashier at a leading international law firm has been banned from the profession and served a jail sentence after stealing over £700,000. Juliette Holland, 46, was found to have misappropriated at least £727,597 of office money between March ...
A paper trail links online traders to tax havens
July 21st, 2016
A paper trail that runs from Okinawa to Canada and from Israel to Italy and France links some unauthorized online traders on the blacklist of Japan’s financial regulator to offshore companies in tax havens, an analysis of files leaked ...
Russia to Treat Bitcoin as Foreign Currency
July 21st, 2016
Depending on how soon all involved parties can come to an agreement, the law proposal will be submitted to the Duma by the end of 2016. The status of Bitcoin in Russia has been up in the air for ...
BGC Partners announces agreement to acquire Sunrise Brokers
July 20th, 2016
BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC,” or “the Company”) a leading global brokerage company servicing the financial and real estate markets, today announced that it has entered into an agreement to acquire the businesses of Sunrise Brokers Group (“Sunrise Brokers”), ...
Why has Turkey locked up 3,000 judges?
July 20th, 2016
Alarm at arrest of 3,000 prosecutors and judges over past three days The Çaglayan Palace of Justice in Istanbul is normally deserted in the middle of July, when court officials take their holidays and only the most urgent cases ...
Global law firm Reed Smith launched a Formal Law Alliance in Singapore
July 19th, 2016
Global law firm, Reed Smith, today announces a substantial, further investment in Singapore with the launch of a Formal Law Alliance (FLA) with Singapore law practice, Resource Law LLC. The Reed Smith Resource Law Alliance significantly expands Reed Smith’s ...
Brexit, banks fueling bitcoin’s resurgence
July 19th, 2016
The bitcoin renaissance seems to be at hand, with investors using the virtual currency to weather turbulent financial markets and banks striking partnerships to explore the system’s underlying technology. Until mid-May, 1 bitcoin fetched on the order of $400 ...
Polish online electronic payments firms Dotpay and eCard merge
July 19th, 2016
Dotpay and eCard, MCI.EuroVentures fund portfolio companies, fast growing agents specialising in online electronic payments, are to join forces. The company established as a result of their integration aims to become a leader of payment services in the e-commerce ...
CFTC Extends Designation of DTCC-SWIFT as LEI Provider
July 19th, 2016
One-Year Extension Allows More Time for Global LEI System Transition The U.S. Commodity Futures Trading Commission (CFTC) announced that it has issued an Order extending, by one year, the designation of the utility operated by DTCC-SWIFT as the provider ...
