Search Results for: legal
France launches probe into UBS subsidiary over fraud case
March 3rd, 2016
France on Wednesday launched an official investigation into the French subsidiary of Swiss banking giant USB for alleged witness intimidation, a source close to the case told AFP. UBS France is suspected of trying to silence a whistle-blower who ...
HMRC: ‘Persuasive promoters’ lure taxpayers into avoidance schemes
March 2nd, 2016
AN INVESTIGATION into tax avoidance schemes has revealed that people are regularly introduced to avoidance arrangements via family, friends and accountancy firms, despite being aware that they are ‘unusual’ and ‘at the edge of tax law’. The HMRC report attempted to understand ...
Slater and Gordon plans UK closures after £493m losses
March 1st, 2016
Australia-listed firm Slater and Gordon is planning a major programme of office closures as part of a reorganisation of the UK business after posting a huge loss. In a series of announcements to the Australian stock exchange today, the ...
Restoring trust in transatlantic data flows through strong safeguards: European Commission presents EU-U.S. Privacy Shield
March 1st, 2016
The European Commission today issued the legal texts that will put in place the EU-U.S. The European Commission today issued the legal texts that will put in place the EU-U.S. Privacy Shield and a Communication summarising the actions taken over the ...
CETA: EU and Canada agree on new approach on investment in trade agreement
March 1st, 2016
This agreement is a clear break from the current ISDS system and shows the commitment to work together to establish a multilateral investment tribunal. The European Commission and the Canadian Government have agreed to include a new approach on ...
Outcome of disciplinary case in connection with Presbyterian Mutual Society
March 1st, 2016
The Financial Reporting Council (FRC) announces the outcome of the disciplinary case in connection with the conduct of Moore Stephens in Northern Ireland (Moore Stephens (NI) LLP) and David McClean, Audit Engagement Partner, in relation to the audit of ...
Apple lawyer, FBI director face off in Congress on iPhone encryption
March 1st, 2016
Apple Inc (AAPL.O) and the U.S. Federal Bureau of Investigation will make their cases before a congressional panel on Tuesday regarding a court order to force the technology company to give the FBI data from the iPhone belonging ...
PRA and FCA statement on compliance with the EBA guidelines on Sound Remuneration Policies
March 1st, 2016
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have notified the European Banking Authority (EBA) that the regulators will comply with all aspects of the EBA Guidelines on Sound Remuneration Policies, except for the provision that the ...
Moscow Exchange to offer a new type of security – clearing participation certificate
February 29th, 2016
Moscow Exchange is launching a new security called clearing participation certificate (CPC) to allow participants to increase their turnover on the Equity & Bond Market and Money Market. The new instrument combines the advantages of the two most popular ...
Russia ranks 5th for number of cryptocurrency users
February 29th, 2016
The four countries ahead of Russia are the United States, where 1.2 mln people uses Bitcoin, followed by China — 355,000 people, the third place is occupied by Germany — 250,000 users Russia ranked 5th in the world for ...
