Search Results for: legal
Austrian Financial Market Authority (FMA) Warning: Daikyo Brokerage Limited
April 14th, 2016
The Austrian Financial Market Authority (FMA) has issued a press release to inform that by publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 14 April 2016 the below company is not entitled to provide investment services in Austria requiring a licence. ...
PricewaterhouseCoopers pays €37m to save Spanish employees from jail
April 14th, 2016
The accountancy firm PricewaterhouseCoopers has handed over €37m (£29m) to the Spanish government to save four of its former employees from serving lengthy jail terms for fraud. The four former senior executives, who include the firm’s ex-president Miguel Fernández de Pinedo, ...
Law Firms Boosting Investment in Marketing, Survey Finds
April 14th, 2016
In response to fierce competition for increasingly demanding clients, 56 percent of attorneys and marketing professionals expect their law firms to boost investment in marketing over the next two years, according to a survey published on Tuesday. More than two-thirds of respondents also ...
European Parliament special tax delegation due in Cyprus
April 13th, 2016
A delegation of members of the European Parliament’s Special Committee on Corporate Taxation II – or TAXE 2 – will visit Cyprus on Friday to look into the Cypriot corporate tax practice. MEPs will meet with Foreign Minister Ioannis Kasoulides, ...
Names emerge in race for Baker & McKenzie global chair
April 13th, 2016
Four Baker & McKenzie partners have thrown their hats in the ring to replace global chair Eduardo Leite when he steps down later this year. London managing partner Paul Rawlinson, EMEA chair Gary Senior, Latin America chair Claudia Prado ...
International law firm in merger talks with Pepper Hamilton
April 13th, 2016
The global law firm Reed Smith is in talks to combine with the smaller Pepper Hamilton of Philadelphia, the firms confirmed on Monday night. “Based on these preliminary discussions, we see many potential benefits to joining forces,” said a Reed ...
Estonian Supreme Court Rules Against Bitcoin Trader
April 13th, 2016
The Estonian Supreme Court has ruled in favor of restrictions on bitcoin trading activity in the wake of a lawsuit filed by a digital currency broker. The ruling, which came in the wake of a long-running lawsuit that began as a inquiry into ...
MMM Global Closes Republic of Bitcoin, an Alleged Ponzi Scheme
April 13th, 2016
MMM Global has announced that it is closing its Republic of Bitcoin, a website promising up to 100% returns on donations. The company, called a “Ponzi” scheme by many, stated in a blog that the Republic of Bitcoin was an experiment ...
Panama Papers: Mossack Fonseca office raided
April 13th, 2016
The offices of Panama-based law firm Mossack Fonseca were raided late Tuesday by crime prosecutors, who searched for evidence of money laundering and illegal activities, reports said. The law firm has been at the centre of a global controversy, ...
Global Capital Flows: Why No Crisis (So Far) This Time?
April 12th, 2016
Here’s the puzzle. Outflows of international capital from emerging markets around the world played a key role in causing financial shocks and steep recessions all over the globe in the late 1990s, including the east Asian financial crisis affecting ...
