Search Results for: PRA
Greek Signals of Compromise Send Markets Soaring
February 4th, 2015
Greece’s new leaders, on a hopscotch tour of European capitals, convinced markets on Tuesday they are eager for a deal with creditors, but their still fuzzy proposals await a harder hearing from Athens’s toughest lender: the German government. Investors ...
UAE’s NBAD launches market-making on Abu Dhabi bourse
February 3rd, 2015
National Bank of Abu Dhabi (NBAD) officially began market-making – quoting buying and selling prices – on the Abu Dhabi stock exchange (ADX) on Tuesday, aiming to boost trading volumes. The bank, the largest lender by assets in the ...
FCA released News for customers of LQD Markets UK
February 3rd, 2015
On 27 January 2015 LQD Markets UK formally entered into Special Administration Regime insolvency proceedings. Read here Liquid Markets issued Important Notice FCA has released news for customers of LQD Markets UK Key point of the release is the fact ...
ICAP to face EU fine over yen cartels
February 3rd, 2015
ICAP faces an EU fine this week for allegedly facilitating cartels on yen-denominated inter-rate benchmarks, as Brussels tackles the holdouts in rate-rigging probes that have already resulted in about €1.7bn in penalties. The world’s largest interdealer broker has strongly ...
Markets advance as oil rebounds
February 3rd, 2015
US markets recorded solid gains on Monday after a choppy trading session as investor sentiment improved with rebounding oil prices. Energy sector shares led the gains. Markets discounted disappointing economic news. The ISM report showed that manufacturing activity slowed ...
LQD Markets announced on Joint Special Administrators of the Company
February 3rd, 2015
With a press release, LQD Markets wants to announce that: Matthew Haw, Graham Bushby and Matthew Wild of Baker Tilly Restructuring and Recovery LLP (“the Joint Special Administrators”) were appointed as Joint Special Administrators of the Company on Monday ...
Ireland Announces New Tax Amnesty Terms
February 2nd, 2015
The Irish tax authority, the Revenue Commissioners, has confirmed that taxpayers who have engaged in certain tax avoidance transactions may avail themselves of a new settlement opportunity, which is to be offered until June 30. Legislation was contained in ...
Alstom Gets Break on Fine
February 2nd, 2015
Court Granted Delay in $772 Million Payment Because of Possible Business Impact When the U.S. Justice Department announced a record $772 million foreign-bribery settlement with Alstom SA in December, there was a hitch: The French engineering company couldn’t pay ...
The third stage in the washing cycle – Integration
February 2nd, 2015
Integration It is the stage at which laundered funds are reintroduced into the legitimate economy, appearing to have originated from a legitimate source. Integration is the final stage of the process, whereby criminally derived property that has been placed ...
EU-US legal services break-through
January 30th, 2015
Conference of chief justices offers a way out of the old plot-line. A very significant step was taken a few days ago in the ongoing negotiations between the US and EU legal professions on opening markets in legal services ...
