Search Results for: legal
European Council approves VAT rules on vouchers
July 5th, 2016
On 27 June 2016, the Council adopted a directive aimed at increasing legal certainty for transactions involving vouchers by harmonising national VAT rules in this area. The directive sets out to reduce the risk of mismatches in national tax rules leading to ...
International law firm Pinsent Masons achieved 5.5% revenue growth
July 5th, 2016
The firm achieved global turnover of £382.3m, and increased profit per equity partner to £550k. This represents 5.5% revenue growth on the previous year and cumulative revenue growth of almost a fifth over the past three years. The Advanced ...
New EU rules to fight insider dealing and market manipulation in Europe’s financial markets take effect
July 5th, 2016
A revamped EU legal framework, applicable as of 3 July, will ensure even more efficient, transparent and trustworthy European financial markets. This new rulebook, will increase investor protection and confidence by allowing deeper and more integrated financial markets, and ...
NFA takes emergency enforcement action against commodity trading advisor and its principal
July 4th, 2016
NFA announced today that it has taken an emergency enforcement action against Apercu International PR LLC(Apercu), an NFA Member commodity trading advisor located in San Juan, Puerto Rico, and Alvin Guy Wilkinson, a principal and associated person of Apercu. This action ...
Former PwC employees found guilty in Luxleaks trial
July 1st, 2016
Two former PwC employees at the centre of the so called ‘Luxleaks’ tax scandal have been found guilty and handed suspended sentences. Antoine Deltour, a former auditor for the Big Four firm and ex-employee Raphael Halet received 12 and ...
Facebook wins privacy case, can now track any Belgian it wants
July 1st, 2016
In a somewhat unexpected twist, Facebook has won a legal battle against Belgium’s data protection authority, which had sought to prevent Facebook from tracking non-Facebook (or not-logged-into-Facebook) users, both on the Facebook website itself but also via the company’s ...
Here Are 3 Crazy Scenarios In Which Brexit Doesn’t Happen
June 30th, 2016
The Brexit vote raised more questions than it answered. Thursday’s Brexit referendum, in which British voters supported leaving the European Union, sent shockwaves through financial markets all over the world. The pound has plunged. The U.K.’s stock market has ...
Global law firm is expanding its practise and launch office in Egypt
June 30th, 2016
Global law firm White & Case LLP is launching an office in Cairo, Egypt, expanding its practice in the Middle East and North Africa. The new office is expected to be up-and-running by October. “The launch of our office ...
Who’s Happy After Brexit? Lawyers
June 30th, 2016
The happiest people in Britain today may well be the lawyers. Setting aside the symbolic meaning of the British vote to leave the European Union, practically speaking “Brexit” means tearing up hundreds of laws, rules and agreements governing everything ...
Citi Announces Sale of Prepaid Card Services to Wirecard
June 30th, 2016
Citigroup today announced that it has reached a definitive agreement to sell its institutional Prepaid Card Services to Wirecard AG. The operations of Prepaid Card Services, including its approximately 120 employees, will be transferred to Wirecard upon closing. Francesco ...
