Search Results for: EU Court
FCC Votes ‘Yes’ on Strongest Net-Neutrality Rules
February 27th, 2015
Net-neutrality advocates quite literally danced in the snowy streets Thursday outside the Federal Communications Commission in Washington just before the agency voted to approve the strongest ever rules on Net neutrality. The vote marks the culmination of a yearlong struggle ...
Greek finance minister’s letter to the Eurogroup
February 24th, 2015
Following is the text of Greek Finance Minister Yanis Varoufakis‘s letter to Eurogroup President Jeroen Dijsselbloem outlining Greece’s proposed reforms. “Dear President of the Eurogroup, In the Eurogroup of 20 February 2015 the Greek government was invited to present ...
Eurogroup: Points of agreement and discord
February 11th, 2015
All eyes are on the Eurogroup meeting that kicks of at 7 p.m. on Wednesday with EU partners waiting with baited breath to see how the chips will fall The Eurogroup meeting in Brussels on Wednesday has been dubbed ...
ICAP plc response to European Commission decision
February 4th, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, notes today’s decision of the European Commission (EC) to issue a fine of £11.3 million. This allegation relates to Yen Libor and ...
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 ...
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 ...
EU legal advisor supports ECB’s bond purchase plan
January 15th, 2015
EU Advocate General Cruz Villalon on Wednesday gave legal support to the European Central Bank (ECB) plan to purchase government bonds as an attempt to remedy the financial crisis in the Eurozone. The Outright Monetary Transactions program sets economic ...
Deutsche Bank Sued by TPV Founder Over $32 Million Loss
January 14th, 2015
Deutsche Bank AG was sued in Singapore by Stanley Pan Fang-Jen, a co-founder of Hong Kong-based TPV Technology Ltd. (903), over a $32 million trading loss due to alleged false representations. The bank denied wrongdoing. The bank advised the ...
Ultimate owners of companies would have to be listed in central registers in EU countries
December 18th, 2014
The ultimate owners of companies would have to be listed in central registers in EU countries, accessible to people with a “legitimate interest”, such as investigative journalists and other concerned citizens, under a deal struck by Parliament and Council ...
Boss of hedge fund Weavering battles fraud charges in London court
December 15th, 2014
Magnus Peterson, battling fraud charges after his $600 million Weavering hedge fund collapsed during the financial crisis, told a court on Friday he could not remember which investors he had warned about his fund’s use of complex financial instruments. ...